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1000 Cumberland St

9,842 SF 50% Leased Retail Building Lebanon, PA 17042 $899,000 ($91/SF)

Restaurants Pennsylvania Lebanon 1000 Cumberland St, Lebanon, PA 17042

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.

Attachments

Lebanon Cumberland St 1000 Brochure - Sale EMAIL

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
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.74
Land Acres
0.13 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CBD - Central Business District

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,920 SF
  • Retail
  • -
  • Now

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

1st Floor

Size 4,920 SF
Space Use Retail
Position -
Available Now

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.

Links

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Walk Score ®
Very Walkable (88)
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What is a Walk Score®
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Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
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PROPERTY TAXES

Parcel Number 02-2336948-369045-0000 Improvements Assessment $139,900
Land Assessment $28,100 Total Assessment $168,000

PROPERTY TAXES

Parcel Number
02-2336948-369045-0000
Land Assessment
$28,100
Improvements Assessment
$139,900
Total Assessment
$168,000
(717) 850-8783

  • Listing ID: 29402621

  • Date on Market: 8/30/2023

  • Last Updated:

  • Address: 1000 Cumberland St, Lebanon, PA 17042

More public record information on 1000 Cumberland St, Lebanon, PA 17042

The Retail Property at 1000 Cumberland St, Lebanon, PA 17042 is currently available For Sale. Contact TRUE Commercial Real Estate, LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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1000 Cumberland St, Lebanon, PA for sale Building Photo- Image 1 of 13
Exterior 1_Wash Tavern Sale
1000 Cumberland St, Lebanon, PA for sale Building Photo- Image 2 of 13
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1000 Cumberland St, Lebanon, PA for sale Building Photo- Image 3 of 13
Exterior 3_Wash Tavern Sale
1000 Cumberland St, Lebanon, PA for sale Floor Plan- Image 4 of 13
Floor Plan_Wash Tavern Sale
1000 Cumberland St, Lebanon, PA for sale Building Photo- Image 5 of 13
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1000 Cumberland St, Lebanon, PA for sale Building Photo- Image 6 of 13
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1000 Cumberland St, Lebanon, PA for sale Interior Photo- Image 7 of 13
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1000 Cumberland St, Lebanon, PA for sale Interior Photo- Image 8 of 13
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1000 Cumberland St, Lebanon, PA for sale Interior Photo- Image 9 of 13
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1000 Cumberland St, Lebanon, PA for sale Interior Photo- Image 10 of 13
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1000 Cumberland St, Lebanon, PA for sale Interior Photo- Image 11 of 13
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1000 Cumberland St, Lebanon, PA for sale Building Photo- Image 12 of 13
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1000 Cumberland St
(717) 850-8783 x

1000 Cumberland St

Darin Wolfe

(717) 850-8783

(717) 850-8783

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