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Flexible Flex Space with High Ceilings
New
For Lease
$5,000/Mo

1150 CHESTNUT Street, Lebanon, PA 17042

CommercialLease - LEBANON, PA

Property Size3,500 SF
Lot Size0.51 Acres
Days on Market2

Property Features for 1150 CHESTNUT Street

General Information

Property type Other
Property subtype Office
Parking 10
Parking features Parking Lot
Elementary school district LEBANON
Middle school district LEBANON
High school district LEBANON
Standard status Active
Lot size 0.51 Acres

Utilities

Heating system Heat Pump (Heating), Forced Air
Cooling system Heat Pump

Building Details

Year built 2020
Building materials Mixed
Listing Agency: Iron Valley Real Estate
Listed By: Brad L Longenecker · License #RS335819
Added: Jul 30 Last Checked: Jul 31 at 1:06AM
MLS# PALN2027734

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Create a space designed around your business at the 1150 Chestnut Street Business Center in Lebanon. This approximately 3,500 square foot flexible commercial leasing opportunity is set up to support multiple operational models, including professional office, showroom, health and wellness, office/warehouse combinations, and distribution or storage uses. The existing warehouse area features approximately 20-foot ceilings and can remain open for warehouse, storage, or distribution, or be transformed into finished office or showroom space.

An optional second-floor office layout can be incorporated to add additional private offices. Depending on the final design, the space can accommodate one or two private restrooms. The building includes a private side entrance, a shared ADA-accessible front entrance, and an additional rear entrance. The existing loading dock may remain or be removed based on tenant needs, and ample dedicated parking is available for employees and clients.

The property is located along 12th Street with visibility between Cumberland Street and Walnut Street (Route 422). A permitted 6' x 10' exterior sign offers additional exposure. Heating is provided by forced air and heat pump systems, with cooling via heat pump. Rent includes utilities and snow removal; the tenant is responsible for phone, internet, and business insurance. The property was built in 2020.

Key Highlights

  • Approximately 3,500 square foot flexible commercial lease space
  • Warehouse area with approximately 20‑foot ceilings, open for storage/distribution or finished for office/showroom
  • Optional second‑floor office layout to add private offices

Property Analytics

Current Use

Fritz Leiss Carpet ... Carpet & Flooring Store Lebanon County Bar ... Law Firm Rocco's Philadelphia Hoagies Take-out & Catering Raiders Law Law Firm Mid Penn Legal ... Law Firm

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Plumbing Service Kitchen & Bath Showroom Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.57 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
Under-served
Demand for This Use

Demographics for 17042, PA

40,618
Population
17,067
Households
2.4
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
67.7 sq mi
ZIP Area
600
Density / Sq Mi
$76,399
Median Household Income
$45,429
Median Earnings
$1,096
Median Rent
$222,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Elaine's Catering — 237 S 6th St, Lebanon, PA 17042
  • Aunt Hocker’s Fish Fry — 35 S 8th St, Lebanon, PA 17042

Frequently Asked Questions

What type of property is this?
Flex space - Flexible flex space with private side entrance, shared ADA entry, and ample dedicated parking for employees and clients.
Where is this flex space located?
The property is located at 1150 CHESTNUT Street Lebanon, PA.
What is the lease rate?
The lease rate is $5,000 /Mo.
What are key features of this property?
This property features: Approximately 3,500 square foot flexible commercial lease space; Warehouse area with approximately 20‑foot ceilings, open for storage/distribution or finished for office/showroom; Optional second‑floor office layout to add private offices
More about this property
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