For Sale
$899,000

452 Cumberland St Lebanon, PA 17042

Multi-tenant building, high visibility, strong leases.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional mixed-use investment property at 452 E. Cumberland St., Lebanon, PA 17042, offers a compelling opportunity. The 5,026 square foot building, constructed in 1975, sits on a 0.35-acre lot and is zoned for general commercial use. The two-story structure boasts four units, including two residential apartments and two commercial spaces currently occupied by established businesses. Gabby's Italian Bistro occupies a first-floor commercial space under a new five-year lease, while The Lavender Room Salon occupies another first-floor space with a new three-year lease. The second floor comprises two residential apartments, currently occupied. The property benefits from excellent street presence and high traffic counts, ensuring exceptional visibility for tenants. Ample parking is provided with 15+ on-site spaces located at the rear of the building. The asking price is $899,000, translating to $178.87 per square foot. This multi-tenant property presents a solid investment opportunity with established tenants and strong lease terms. The property's location in Lebanon, Pennsylvania, offers convenient access to local amenities and transportation routes. This is a turnkey investment ready for immediate income generation.

Highlights

  • Investment sale of a multi-tenant commercial/residential building.
  • 5,026 square foot building on a 0.35-acre lot in Lebanon, PA.
  • Zoned for general commercial use; built in 1975.
  • Four units: two residential apartments and two commercial spaces.
  • Established tenants with new leases (Gabby's Italian Bistro & The Lavender Room Salon).
  • Excellent street presence, high traffic counts, and 15+ parking spaces.

Property Details for 452 Cumberland St

Property type
Mixed-use properties
Square Feet
5,026 SF
Year Built
1975
Buildings
1
Stories
2
Lot Size (sq. ft)
15,246 SF
Units
4

Location Insight

City
Lebanon
County
Lebanon
State
Pennsylvania
Latitude
40.3411136
Longitude
-76.4039304

FAQs

What type of property is this?
Mixed-use property - Multi-tenant building, high visibility, strong leases.
Where is the mixed-use property located?
The property is located at 452 Cumberland St Lebanon, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Investment sale of a multi-tenant commercial/residential building.; 5,026 square foot building on a 0.35-acre lot in Lebanon, PA.; Zoned for general commercial use; built in 1975.
How can I contact the broker?
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452 Cumberland St
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