100 Cumberland StLebanon, PA 17042
- Industrial properties
- 26,092 SF
Property Details for 100 Cumberland St
- Year built
- 1965
- Lot size
- 1.38 AC
- Property size (Sq ft)
- 26,092 SF
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- 08-2342084-369649-0000
- APU
- 823420843696490000
Description
This exceptional 26,000-square-foot industrial and office property, situated at 100 E. Cumberland Street in Lebanon, Pennsylvania, presents a unique investment opportunity. Occupying approximately 1.38 acres of land, this iconic building has served as a successful business location since 1990. The property boasts a versatile General Industrial Commercial zoning designation, opening doors to a wide range of potential uses beyond its current manufacturing function. Developers will appreciate the flexibility to explore options such as multifamily residential conversion, retail spaces, or financial and institutional uses. The existing building offers a well-maintained office area featuring central air conditioning for optimal comfort. The warehouse component is equipped with heating, a convenient loading dock, and five drive-in doors for efficient material handling. Ample on-site parking is available for employees and visitors, enhancing the property's overall functionality and appeal. The property's prime location and zoning flexibility make it an attractive prospect for investors seeking a high-return investment or developers envisioning a transformative project. This is a rare opportunity to acquire a substantial property in a thriving area with significant redevelopment potential. The asking price is $1,595,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,609,710
- Hospitality
- $4,222,470
- Educational
- $3,513,045
- Medical
- $3,633,864
- Retail
- $5,464,736
Location Insight
- City
- Lebanon
- County
- Lebanon
- State
- Pennsylvania
- Latitude
- 40.3403
- Longitude
- -76.4095
- CBSA code
- 30140
- CBSA name
- LEBANON, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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