Mixed-Use Property with
429 E Cumberland St Lebanon, PA 17042
For Sale
Contact for pricing
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 Market342
Property Features for 429 E Cumberland St
General Information
Standard status
Active
Size
3,248 SF
Property subtype
OFFICE
Listing Agency:
Bennett Williams Commercial - Lancaster
(717) 500-1210
Listed By:
Joshua Miller · License #RS167691L
Source:
Moodyscre
Added: Aug 22, 2025
Changed: Jul 25
Last Checked: Jul 28 at 4:00PM
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
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 For Office B
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 | $68.2k | $21.00 |
| − Vacancy | −$14.3k | −$4.41 |
| EGI | $53.9k | $16.59 |
| − OpEx | −$13.5k | −$4.15 |
| NOI | $40.4k | $12.44 |
3,248 SF · lease $21.00/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$577.3K
$505.2K – $673.6K
NOI $40,413 @ 7.0% cap · market cap 9.00%
Second Best
Mixed Use
$469.8K
$411.1K – $548.1K
NOI $32,886 @ 7.0% cap · market cap 7.32%
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.
Property Analytics
Location Intelligence
Current Use
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
