1000 Cumberland St
9,842 SF 50% Leased Retail Building Lebanon, PA 17042 $899,000 ($91.34/SF)
INVESTMENT HIGHLIGHTS
- Investment Sale!
- Consists of first floor commercial space and second floor apartments.
- Mixed-Use Building in Downtown Lebanon
EXECUTIVE SUMMARY
Old World Public House charm is paramount in this mixed-use investment opportunity in the City of Lebanon. The property consists of a first floor restaurant (currently offered for lease) with multiple dining areas and charming bar area. The restaurant offers two (2) entrances, one to the dining area and a separate entry into the bar space, allowing all patrons to enjoy the warmth and experience of
gathering with friends. A liquor license is not currently in place but is being sought by the property owner, which would convey separately.
The second floor includes five (5) apartment units which are fully occupied as of the date of publication.
The property is Ideal for a restaurant owner-operator ready to explore their dining concept while receiving residential unit cash flow.
gathering with friends. A liquor license is not currently in place but is being sought by the property owner, which would convey separately.
The second floor includes five (5) apartment units which are fully occupied as of the date of publication.
The property is Ideal for a restaurant owner-operator ready to explore their dining concept while receiving residential unit cash flow.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,842 SF
Building Class
C
Year Built
1900
Price
$899,000
Price Per SF
$91.34
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.74
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Space consists of main dining room, pub dining room and private/special event dining area. Bar is accessible from main dining areas and also has separate entrance. Includes a partially equipped kitchen.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,920 SF | Retail | - | Now |
1st Floor
| Size |
| 4,920 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-2336948-369045-0000 | Improvements Assessment | $139,900 |
| Land Assessment | $28,100 | Total Assessment | $168,000 |
