718 Poplar StLebanon, PA 17042

  • Mixed-use properties
  • 44,407 SF
For Lease
$15/SF/YR View listing

Property Details for 718 Poplar St

Year built
2019
Lot size
2.32 AC
Property size (Sq ft)
44,407 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
01-2338509-366043-0000
APU
123385093660430000

Description

This exceptional mixed-use property, Poplar Commons, presents a rare opportunity in Lebanon, PA. Located at the corner of South 8th Street & Poplar Street, this single-story, 33,992 square foot building boasts a newly renovated exterior, including a modern facade, updated storefronts, a completely resurfaced parking lot, new exterior lighting, and fresh landscaping. The property also features a new illuminated pylon sign and upgraded HVAC and plumbing systems. A total of 100 parking spaces are available for tenants and their customers. The building, constructed in 1958 and extensively renovated in 2017, is classified as Class B and is zoned OI. The 2.32-acre lot offers ample space and visibility. Currently, the property is multi-tenant, with spaces ranging from 2,600 to 10,000 contiguous square feet available. A total of 12,600 square feet is currently vacant. Its strategic location offers easy access to SR 422 and SR 72, and is within walking distance of the Lebanon County Court House and City Building. The property's proximity to the Rails-To-Trails adds to its appeal. Existing tenants include a diverse mix of businesses, showcasing the property's versatility and strong tenant base. This professionally managed property offers a compelling investment opportunity with significant upside potential. The "vanilla box" fit-out provides flexibility for a variety of businesses. Elevators are available.

718 Poplar St, Lebanon, Pennsylvania

Location Insight

City
Lebanon
County
Lebanon
State
Pennsylvania
Latitude
40.3305
Longitude
-76.4227
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
$40,015
$290,000
$1,013,700
$1,303,700
-
$297,741
$1,040,759
$1,338,500

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