For Sale
$2,095,000

701 Cumberland St Lebanon, PA 17042

High-traffic location, excellent income potential.

Overview

Added:
Feb 3
Days on market:
83
This exceptional freestanding commercial/office building, located at 701 Cumberland Street in the heart of Lebanon, Pennsylvania, presents a unique investment opportunity. The property boasts a substantial 17,547 square feet situated on a 0.49-acre lot, offering ample space and potential for growth. The ground floor currently houses three thriving businesses: Majik Rent-to-Own, Jackson Hewitt Tax Services, and Awaken the Harvest Ministries, all under lease agreements, generating consistent rental income. The second floor comprises eleven individual offices, easily configurable to suit various needs. These offices share a convenient conference room and kitchenette, enhancing collaboration and productivity. The building also includes a valuable off-street parking lot, providing ample parking for tenants and visitors. This property is ideally positioned for investors seeking a strong return on investment in a bustling city center location. The combination of established retail tenants on the ground floor and flexible office space on the second floor makes this a versatile and attractive asset. The property's size, location, and existing tenancy make it an exceptional opportunity for long-term growth and profitability. The 0.49-acre lot provides potential for future expansion or development. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a desirable location. The asking price is $2,095,000.

Property Details for 701 Cumberland St

Property type
Retail properties
Square Feet
17,547 SF
Year Built
1993
Lot Size (sq. ft)
21,344 SF

Location Insight

City
Lebanon
County
LEBANON
State
Pennsylvania
Latitude
40.33972
Longitude
-76.42254

FAQs

What type of property is this?
Retail property - High-traffic location, excellent income potential.
Where is the retail property located?
The property is located at 701 Cumberland St Lebanon, PA.
What is the asking price?
The asking price for this property is $2,095,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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701 Cumberland St
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