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    OFF-MARKET
    Investment properties

    1021 Cumberland St, Lebanon, PA 17042-5147

    7,702 SF 0.41 ac lot Built 1950
    Entity Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US73-3281141
    Property summary
    AI-generated overview

    This 6,686 square foot freestanding building presents a unique opportunity in Lebanon, Pennsylvania's Central Business District. Located on Cumberland Street, this property boasts excellent visibility and accessibility. The building's flexible design caters to a variety of uses, encompassing retail, office, and industrial needs. The interior features 15-foot ceilings throughout, providing ample vertical space, and includes two 14-foot high dock doors for convenient loading and unloading. The 0.41-acre lot offers ample off-street parking. The Central Business District zoning allows for a wide range of permitted uses, including bakeries, restaurants, microbreweries, distilleries, convenience stores, contractor's offices, retail, office, and medical facilities, among others. The property also includes attached storage units, offering potential for additional income streams. Currently vacant, this building is priced at $350,000, with a price per square foot of $52.35. This is an ideal owner-occupant facility with significant potential for growth and profitability. The property is situated on Route 422, offering easy access to major transportation routes.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1950
    Total area 7,702 SF
    Lot 0.41 ac (17,860 SF)
    APN 03-2336824-369220-0000
    UPID US73-3281141
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Biaggio's Premium Italian Hoagies Take-out & Catering
    • Northside Truck Center and Truck Caps Auto Parts Store Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Double T Realty LLC · 1 yrs held
    Double T Realty LLC
    since 2025
    Last sale
    $288,400
    3 recorded transactions
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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