Restaurant/Office
For Sale
Contact for pricing
452 E Cumberland St, Lebanon, PA 17042
Restaurant and office space available for immediate occupancy.
Property Size5,026 SF
Price / SF$178.87
Days on Market50
Property Features for 452 E Cumberland St
General Information
Standard status
Active
Size
5,026 SF
Property subtype
RETAIL
Listing Agency:
TRUE Commercial Real Estate
(717) 850-8783
Listed By:
Darin R. Wolfe
(717) 669-1187
Source:
Moodyscre
Added: Aug 18
Changed: Sep 10
Last Checked: Oct 5 at 8:58PM
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 TRUE Commercial Real Estate
Investment Insights
Based on property information with market context.
This 5,026-square-foot commercial property combines restaurant and office uses. The available space is described in configurations ranging from 780 to 2,100 SF, providing flexibility for different occupancy requirements.
Located at 452 E Cumberland St in Lebanon, PA, the property is available immediately. Its restaurant and office format supports a range of commercial occupancy arrangements within a single building.
Located at 452 E Cumberland St in Lebanon, PA, the property is available immediately. Its restaurant and office format supports a range of commercial occupancy arrangements within a single building.
Key Highlights
- 5,026 SF commercial property
- Restaurant and office space configurations from 780 to 2,100 SF
- Available immediately
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,536
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,250,720
$1.3M
Cap Rate 7%
$893,371
$893.4K
Cap Rate 9%
$694,844
$694.8K
Market Conditions
NOI Build-Up for 5,026 SF
Gross rent
$105.5K $21.00/SF
− Vacancy
−$22.2K −$4.41/SF
EGI
$83.4K $16.59/SF
− OpEx
−$20.8K −$4.15/SF
NOI
$62.5K $12.44/SF
Area
Lebanon County, PA
Vacancy
21.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,250,720
Cap Rate 7%
$893,371
Cap Rate 9%
$694,844
Alternative Uses
Best Use
Office B
$893.4K
$781.7K – $1.04M
NOI $62,536 @ 7.0% cap · market cap 6.96%
Second Best
Specialty Retail
$814.8K
$712.9K – $950.6K
NOI $57,033 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,579 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
Under-served
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant and office space available for immediate occupancy.
Where is this conventional restaurant located?
The property is located at 452 E Cumberland St Lebanon, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 5,026 SF commercial property; Restaurant and office space configurations from 780 to 2,100 SF; Available immediately
