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Mixed-Use Building with Storefront
New
For Sale
$475,000

834 CHESTNUT STREET, Lebanon, PA 17042

A three-story brick property combines street-level commercial space with a seven-apartment residential mix.

Property Size9,167 SF
Price / SF$51.82
Days on Market7

Property Features for 834 CHESTNUT STREET

General Information

Standard status Active
Size 9,167 SF
Property subtype Commercial
Zoning Central Business

Units

Unit Mix 2 x 3BR/1BA, 3 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 7

Additional Details

Gross Income $91,000

Amenities

office area
lavatory

Building Details

Year Built 1940
Buildings 1
Stories 3
Construction brick
Tenancy Multi
Listing Agency: Kingsway Realty - Ephrata
Listed By: Curvin Horning
Source: Cummingsrealtors
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 5 at 7:20PM

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

Investment Insights

Based on property information with market context.

This three-story brick mixed-use building contains 9,167 square feet of finished area and dates to 1940. Its street-level commercial suite includes a storefront, office area, and lavatory. The residential portion comprises two three-bedroom apartments, three two-bedroom apartments, and two one-bedroom apartments, each with a kitchen, living room, and full bath. Units are equipped with a stove, refrigerator, insulated windows, gas hot water, and electric baseboard heat.

The property is in a historic area of Lebanon, within walking distance of a farmers market and Harding Elementary School. It is zoned Central Business and currently generates gross income from its rental units.

Key Highlights

  • Eight‑unit mixed‑use property with 9,167 SF of finished area
  • Three‑story brick building constructed in 1940
  • Ground‑floor commercial space has a storefront, office area, and lavatory

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Locksmith Wine and Liquor Store Travel Agency Restaurant

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

7
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,673
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A three-story brick property combines street-level commercial space with a seven-apartment residential mix.
Where is this mixed-use property located?
The property is located at 834 CHESTNUT STREET Lebanon, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Eight‑unit mixed‑use property with 9,167 SF of finished area; Three‑story brick building constructed in 1940; Ground‑floor commercial space has a storefront, office area, and lavatory
More about this property
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