410 Cumberland StLebanon, PA 17042

Property Details for 410 Cumberland St

Year built

1950

Lot size

0.17 AC

Property size (Sq ft)

7,734 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

04-2339720-369358-0000

APU

423397203693580000

Description

This exceptional two-story commercial office building, situated in Lebanon's vibrant Central Business District at 410 Cumberland Street, offers 7,000+ square feet of versatile space. Previously utilized as a medical office, this property is ideally suited for a variety of professional uses and is available for immediate occupancy. The first floor boasts a welcoming reception area with a waiting room, multiple exam rooms (easily adaptable to other uses), a conference area, an ADA-compliant bathroom, an x-ray room, and a darkroom. The second floor provides ample space with a large office, a kitchen or break room, additional staff offices, and bathrooms. The building benefits from numerous recent upgrades, including a modernized electrical and HVAC system. Convenient front and rear access points enhance functionality. The first floor is fully ADA compliant. The owner is open to leasing the first and second floors separately or the entire building, offering flexibility to suit diverse business needs. This prime location and well-maintained building present a compelling opportunity for a discerning tenant. The property sits on a 0.17-acre lot.

• CAP approach

  CAP return

  Valuation

  6%

  $1,193,743

  6.5%

  $1,101,916

  7%

  $1,023,208

• Comparable approach

  Method

  Valuation

  Relative Method

  $593,040

  Geo Method

  $486,546

• Alternative Use

  Use

  Valuation

  Residential

  $1,366,376

  Hospitality

  $1,251,594

  Educational

  $1,041,311

  Medical

  $1,077,123

  Retail

  $1,619,817

Location Insight

City

Lebanon

County

Lebanon

State

Pennsylvania

Latitude

40.3394

Longitude

-76.4183

CBSA code

30140

CBSA name

LEBANON, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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