1000 Cumberland St - Restaurant FOR SALE


Lebanon, PA 17042
$899,000 USD
717-850-8783
1000 Cumberland St, Lebanon, PA for Sale
$899,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

1000 Cumberland St
Lebanon, PA 17042


HIGHLIGHTS

  • Investment Sale!
  • Mixed-Use Building in Downtown Lebanon
  • Consists of first floor commercial space and second floor apartments.

OVERVIEW

Old World Public House charm is paramount in this mixed-use investment opportunity in the City of Lebanon. The property consists of a first floor restaurant (currently offered for lease) with multiple dining areas and charming bar area. The restaurant offers two (2) entrances, one to the dining area and a separate entry into the bar space, allowing all patrons to enjoy the warmth and experience of gathering with friends. A liquor license is not currently in place but is being sought by the property owner, which would convey separately. The second floor includes five (5) apartment units which are fully occupied as of the date of publication. The property is Ideal for a restaurant owner-operator ready to explore their dining concept while receiving residential unit cash flow.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

CBD

APN/PARCEL ID

02-2336948-369045-0000

ASK ABOUT THIS PROPERTY

Darin WolfeTRUE Commercial Real Estate, LLCMore Info
717-850-8783

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Darin WolfeTRUE Commercial Real Estate, LLCMore Info
717-850-8783

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.