100 Cumberland StLebanon, PA 17042

  • Industrial properties
  • 26,092 SF
For Sale
$1,695,000 View listing

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
100 Cumberland St, Lebanon, Pennsylvania

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,904
$169,800
$250,600
$420,400
-
$174,332
$257,289
$431,621

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