Flex Space with Six Pull-In
New
For Sale
$599,900
1111 GUILFORD STREET, Lebanon, PA 17046
Well-maintained commercial building with General Commercial zoning and adaptable bay configuration.
Property Size4,821 SF
Lot Size2.00 Acres
Price / SF$124.43
Days on Market5
Property Features for 1111 GUILFORD STREET
General Information
Standard status
Active
Size
4,821 SF
Lot size
2.00 Acres
Property subtype
Commercial
Zoning
General Commercial
Additional Details
Outdoor Storage
Yes
Drive-In Doors
6
Service Bays
6
Building Details
Year Built
1986
Buildings
1
Listing Agency:
RSR, REALTORS, LLC
(717) 215-0917
Listed By:
JIMMY H KOURY · License #AB068844
(717) 215-0917
Source:
Cummingsrealtors
Added: Jul 27
Changed: Jul 31
Last Checked: Jul 31 at 12:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RSR, REALTORS, LLC
Investment Insights
Based on property information with market context.
This well-maintained Flex space property includes a 4,821-square-foot commercial building on 2+ acres in Lebanon, PA. Built in 1986, the former EMS station features six pull-in bays with large 10'x10' garage doors. The configuration supports automotive service, auto sales, mechanical services, retail, restaurant, and personal hobby uses as described in the property information.
General Commercial zoning and the ample lot provide room for parking, outdoor storage, or expansion. The property is located at 1111 Guilford Street, with a commercial building and site layout suited to a range of business operations.
General Commercial zoning and the ample lot provide room for parking, outdoor storage, or expansion. The property is located at 1111 Guilford Street, with a commercial building and site layout suited to a range of business operations.
Key Highlights
- 4,821‑square‑foot commercial building on 2+ acres
- Six pull‑in bays with 10'x10' garage doors
- General Commercial zoning
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.3k | $15.00 |
| − Vacancy | −$7.6k | −$1.58 |
| EGI | $64.7k | $13.43 |
| − OpEx | −$19.4k | −$4.03 |
| NOI | $45.3k | $9.40 |
4,821 SF · lease $15.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$647.2K
$566.3K – $755.1K
NOI $45,305 @ 7.0% cap · market cap 7.55%
Second Best
Flex RnD
$481.8K
$421.5K – $562.1K
NOI $33,723 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.13M
$990.1K – $1.32M
NOI $79,211 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Drive-in doors
6
Service bays
Location Intelligence
Trade Area within ½ mile
801
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17046, PA
31,272
Population
13,570
Households
2.3
Avg Household Size
39
Median Age
12%
College-Educated
84%
High-School Grad
38.9 sq mi
ZIP Area
804
Density / Sq Mi
$59,633
Median Household Income
$37,261
Median Earnings
$1,036
Median Rent
$180,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Aunt Hocker’s Fish Fry — 35 S 8th St, Lebanon, PA 17042
Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained commercial building with General Commercial zoning and adaptable bay configuration.
Where is this flex space located?
The property is located at 1111 GUILFORD STREET Lebanon, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 4,821‑square‑foot commercial building on 2+ acres; Six pull‑in bays with 10'x10' garage doors; General Commercial zoning
