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    OFF-MARKET
    Retail space

    720 Lehman St, Lebanon, PA 17046-8117

    5,700 SF 0.36 ac lot Built 1975
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US73-3208547
    Property summary
    AI-generated overview

    This exceptional 6,200 square foot industrial property, located at 720 E. Lehman St. in Lebanon, PA 17046, presents a compelling investment opportunity. Built in 1983, this single-story building sits on a 0.36-acre lot and is zoned CG - Commercial General, allowing for diverse uses. The structure boasts 11-foot ceilings and features a blend of warehouse and flex space, ideal for a variety of businesses. Approximately 5,100 square feet is dedicated to warehouse space, equipped with a 12-foot overhead door and a double side-entry door for convenient access. Plumbing is in place for four separate restrooms. An additional approximately 1,100 square feet offers potential for office or showroom space. Two distinct front entrances cater to multiple users, making it suitable for both owner-occupiers and investors seeking rental income. All public utilities, including gas and electric, are readily available. This property offers significant potential for a range of commercial applications in a prime Lebanon location. The asking price is $595,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1975
    Total area 5,700 SF
    Lot 0.36 ac (15,682 SF)
    APN 09-2345067-371944-0000
    UPID US73-3208547
    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
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Michael High Lee · 1 yrs held
    Michael High Lee
    since 2025
    Last sale
    $400,000
    2 recorded transactions
    2025
    $400,000
    2012
    $155,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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