100 Confidential LnCornwall, PA 17042
- Hospitality properties
- 11,326 SF
Property Details for 100 Confidential Ln
- Year built
- 1965
- Lot size
- 0.25 AC
- Property size (Sq ft)
- 11,326 SF
- Property type
- Hospitality properties
- Property subtype
- Other hospitality properties
Description
This three-story, 11,326 square foot hotel in Lebanon, PA, presents a compelling investment opportunity. Built in 1965 and situated on a 0.25-acre lot in the Central Business District (CBD), this property boasts a 97% occupancy rate and offers significant potential for return. The sale includes both the real estate and the established business, which has an appraised value of approximately $1 million. Conveniently located near numerous shops and restaurants, the hotel also benefits from public parking across the street. The property's zoning designation is CBD, offering flexibility for future development or expansion. With a total asking price of $2,400,000 ($211.90 per square foot), this hotel represents a strong investment in a thriving Pennsylvania market. The property's address is 100 Confidential Lane, Lebanon, PA 17042, APN 02-2337436-368895-0000.
Location Insight
- City
- Cornwall
- County
- Lebanon
- State
- Pennsylvania
- Latitude
- 40.3385
- Longitude
- -76.4264
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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