Flex Building with 6
2012 W CUMBERLAND STREET, Lebanon, PA 17042
For Sale
$1,650,000
Pending
Highway Commercial zoning supports a mixed showroom, office, and shop configuration with public water and sewer.
Property Size14,716 SF
Lot Size1.23 Acres
Days on Market95
Property Features for 2012 W CUMBERLAND STREET
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Utilities to Site
Warehouse & Industrial
Power
Three-Phase Power
Sprinkler System
Building Details
Year Built
Buildings
Stories
Building Size
Construction
Listing Agency:
Kingsway Realty - Ephrata
(717) 733-4777
Listed By:
Curvin Horning · License PA RS298095
(717) 606-2226
Source:
Cummingsrealtors
Added: Aug 10
Changed: Nov 10
Last Checked: Nov 12 at 7:48AM
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 Kingsway Realty - Ephrata
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Investment Insights
Based on property information with market context.
This one-story masonry and stucco flex building contains 14,716 SF on the first floor, combining a substantial retail showroom with office areas, two break rooms, three lavatories, utility and storage rooms, and a warehouse/shop component. Six bays with overhead doors support service, storage, or equipment-oriented operations. The building has 3-phase electrical service with 200-amp capacity, natural gas forced-air heat, central AC in the showroom, and a sprinkler system.
The property occupies a 1.23-acre level parcel at 2012 W. Cumberland St. in Lebanon, with a macadam parking area accommodating 25+ cars, lighting, retail display space, and public water and sewer. Highway Commercial zoning is in place, and the site offers access to Routes 501, 897, 343, and 72, with Annville, Cleona, and Myerstown minutes away.
The property occupies a 1.23-acre level parcel at 2012 W. Cumberland St. in Lebanon, with a macadam parking area accommodating 25+ cars, lighting, retail display space, and public water and sewer. Highway Commercial zoning is in place, and the site offers access to Routes 501, 897, 343, and 72, with Annville, Cleona, and Myerstown minutes away.
Key Highlights
- 14,716 SF one‑story masonry and stucco commercial building
- 1.23 ACRE level lot with lighted macadam parking for 25+ cars
- Warehouse/shop area with 6 bays and overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,294
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,765,880
$2.8M
Cap Rate 7%
$1,975,629
$2.0M
Cap Rate 9%
$1,536,600
$1.5M
Market Conditions
NOI Build-Up for 14,716 SF
Gross rent
$220.7K $15.00/SF
− Vacancy
−$23.2K −$1.58/SF
EGI
$197.6K $13.43/SF
− OpEx
−$59.3K −$4.03/SF
NOI
$138.3K $9.40/SF
Area
Lebanon County, PA
Vacancy
10.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,765,880
Cap Rate 7%
$1,975,629
Cap Rate 9%
$1,536,600
Alternative Uses
Best Use
Office B
$2.62M
$2.29M – $3.05M
NOI $183,104 @ 7.0% cap · market cap 11.10%
Second Best
Retail
$1.98M
$1.73M – $2.30M
NOI $138,294 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$3.45M
$3.02M – $4.03M
NOI $241,790 @ 7.0% cap · market cap 14.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Highway Commercial zoning supports a mixed showroom, office, and shop configuration with public water and sewer.
Where is this flex space located?
The property is located at 2012 W CUMBERLAND STREET Lebanon, PA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 14,716 SF one‑story masonry and stucco commercial building; 1.23 ACRE level lot with lighted macadam parking for 25+ cars; Warehouse/shop area with 6 bays and overhead doors
