1000 Cumberland St Lebanon, PA 17042
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Historic building, 6 units, high ROI potential
Property size:
9,842 SFProperty Features for 1000 Cumberland St
General Information
- Property type
- Mixed-use properties
- Square Feet
- 9,842 SF
- Lot Size
- 5,663 SF
Building Details
- Year Built
- 1760
- Buildings
- 1
- Stories
- 2
- Units
- 6
Listing Agent: Blaze Cambruzzi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use property at 1000 Cumberland St, Lebanon, PA 17042, presents a compelling investment opportunity. The 9,842 square foot building, constructed in 1760, boasts a charming, old-world public house aesthetic. The ground floor features a restaurant space currently available for lease, complete with multiple dining areas and a separate bar area, each with its own entrance. While a liquor license is not currently active, the owner is pursuing one, which would be conveyed separately upon sale. Upstairs, five fully occupied apartment units provide consistent rental income. Situated on a 0.13-acre lot in the Central Business District, this two-story building offers a unique blend of commercial and residential income streams. The asking price is $899,000, translating to $91.34 per square foot. This property is ideally suited for an owner-operator seeking to establish a restaurant while simultaneously benefiting from the cash flow generated by the residential units. The building's historical character and prime location within Lebanon's vibrant business district promise strong returns on investment. This is a rare chance to acquire a well-established, income-producing property with significant upside potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Washington House Restaurant
Restaurant
Army National Guard
Military Recruiting Office
Kurt's Electricians LLC
Electrical Service
Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- Lebanon
- State
- Pennsylvania
- Longitude
- -76.428169
- Latitude
- 40.338802
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FAQs
What type of property is this?
Mixed-use property - Historic building, 6 units, high ROI potential
Where is this mixed-use property located?
The property is located at 1000 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: Mixed-use investment opportunity: Ground floor commercial space plus upper-floor apartments.; Strong potential for rental income from both commercial and residential units.; Ideal for investors seeking diversified cash flow streams.
