Mixed-Use Property with
For Sale
Contact for pricing
429 E Cumberland St, Lebanon, PA 17042
Mixed-use building with a versatile commercial unit and two residential units, plus off-street parking and Cumberland St visibility.
Property Size3,248 SF
Price / SF$138.24
Days on Market433
Property Features for 429 E Cumberland St
General Information
Standard status
Active
Size
3,248 SF
Property subtype
OFFICE
Additional Details
Multifamily Units
2
Amenities
off-street parking
Listing Agency:
Bennett Williams Commercial - Lancaster
(717) 843-5555
Listed By:
Joshua Miller · License #RS365967
(717) 500-1210
Source:
Moodyscre
Added: Aug 22, 2025
Changed: Oct 26
Last Checked: Oct 28 at 9:27AM
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 Bennett Williams Commercial - Lancaster
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Investment Insights
Based on property information with market context.
This mixed-use property includes a 3,248-square-foot building with one versatile commercial unit suitable for retail, office, or other business uses, along with two residential units. Off-street parking is available to support both commercial and residential needs.
Located at 429 E Cumberland St in Lebanon, the property benefits from visibility along Cumberland St, supporting strong street-facing exposure for the commercial space.
The layout provides a combined footprint for income-producing residential units alongside a flexible ground-floor commercial offering.
Located at 429 E Cumberland St in Lebanon, the property benefits from visibility along Cumberland St, supporting strong street-facing exposure for the commercial space.
The layout provides a combined footprint for income-producing residential units alongside a flexible ground-floor commercial offering.
Key Highlights
- 3,248 SF mixed‑use building at 429 E Cumberland St in Lebanon
- Versatile commercial unit on‑site with potential for retail, office, or other business uses
- Includes two residential units in addition to the commercial space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,886
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,720
$657.7K
Cap Rate 7%
$469,800
$469.8K
Cap Rate 9%
$365,400
$365.4K
Market Conditions
NOI Build-Up for 3,248 SF
Gross rent
$58.5K $18.00/SF
− Vacancy
−$5.8K −$1.80/SF
EGI
$52.6K $16.20/SF
− OpEx
−$19.7K −$6.07/SF
NOI
$32.9K $10.13/SF
Area
Lebanon County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,720
Cap Rate 7%
$469,800
Cap Rate 9%
$365,400
Alternative Uses
Best Use
Mixed Use
$469.8K
$411.1K – $548.1K
NOI $32,886 @ 7.0% cap · market cap 7.32%
Second Best
Retail
$436.0K
$381.5K – $508.7K
NOI $30,523 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$762.4K
$667.1K – $889.4K
NOI $53,366 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with a versatile commercial unit and two residential units, plus off-street parking and Cumberland St visibility.
Where is this mixed-use property located?
The property is located at 429 E Cumberland St Lebanon, PA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 3,248 SF mixed‑use building at 429 E Cumberland St in Lebanon; Versatile commercial unit on‑site with potential for retail, office, or other business uses; Includes two residential units in addition to the commercial space
