For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

701 Cumberland St Lebanon, PA 17042

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

High-Cap Rate Executive Office Space

Property size:
19,547 SF

Property Features for 701 Cumberland St

General Information

Property type
Office Properties & Spaces
Square Feet
19,547 SF
Lot Size
21,344 SF

Building Details

Stories
1

We can help!

Listing Contact
Daniel Berger Jr.
Daniel Berger Jr.

Listing Agency: U.S. Commercial Realty Listing Agent: Daniel Berger Jr.

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional freestanding commercial/office building, located at 701 Cumberland Street in Lebanon, Pennsylvania, presents a compelling investment opportunity. Boasting 19,547 square feet on a 0.49-acre lot (APN: 04-2338530-369393-0000), this single-story structure is zoned CBD - Central Business District. The asking price is $2,095,000, representing a compelling $107.18 per square foot and an attractive 8.45% capitalization rate with a Net Operating Income (NOI) of $177,000. The ground floor currently houses three leased retail spaces occupied by Majik Rent-to-Own, Jackson Hewitt Tax Services, and Awaken the Harvest Ministries. The second floor features eleven individual offices, easily combinable to suit various needs, along with a shared conference room and kitchenette. Ample off-street parking is provided. This property offers a blend of established retail tenants and flexible office space, making it an ideal investment for discerning buyers seeking strong returns in a thriving central business district location. The property's location in Lebanon, PA (zip code 17042) provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Prince Law Offices Law Firm Pastor Sean Condran ... Crisis Center Avis Car Rental Car Rental Facility Albert's Body Shop Auto Repair Shop ATM (Pennsylvania Payment ... Atm

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lebanon
County
Lebanon
State
Pennsylvania
Longitude
-76.4225582
Latitude
40.3397529

FAQs

What type of property is this?
Office Property / Space - High-Cap Rate Executive Office Space
Where is this office property / space located?
The property is located at 701 Cumberland St Lebanon, PA.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: Freestanding commercial/office building in Lebanon City's central business district.; First floor features three leased spaces: Majik Rent-to-Own, Jackson Hewitt Tax Services, and Awaken the Harvest Ministries.; Second floor offers eleven individual, combinable offices, a shared conference room, and kitchenette; off-street parking included.
(717) 735-6000 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message