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1000 Cumberland St

9,842 SF 50% Leased Retail Building Lebanon, PA 17042 £703,423 (£71/SF)

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Investment Highlights

Investment Sale!
Consists of first floor commercial space and second floor apartments.

Mixed-Use Building in Downtown Lebanon

Executive Summary

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.

Lebanon Cumberland St 1000 Brochure - Sale EMAIL

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Restaurant

Building Size

9,842 SF

Building Class

Year Built

1900

Price

£703,423

Price Per SF

£71

Percent Leased

50%

Tenancy

Multiple

Number of Floors

Building FAR

1.74

Lot Size

0.13 AC

Opportunity Zone

Yes

Zoning

CBD - Central Business District

Space Availability

1st Floor
4,920 SF
Retail
-
Now

Space consists of main dining room, pub dining room and private/special event dining area. Bar is accessible from main dining areas and also has separate entrance. Includes a partially equipped kitchen.