2234 Cumberland St - Storefront Retail/Residential FOR SALE


Lebanon, PA 17042
$675,000 USD
717-769-2986
2234 Cumberland St, Lebanon, PA for Sale
$675,000 USD
Storefront Retail/Residential - FOR SALE
1/38
null | 8.34% Cap Rate

2234 Cumberland St
Lebanon, PA 17042


HIGHLIGHTS

  • Fully leased 5-unit mixed use investment
  • Ample parking for tenants & customers
  • Strong centralized Lebanon location

OVERVIEW

An excellent investment opportunity awaits along busy Route 422 in Lebanon, where this fully leased and well-maintained mixed-use property benefits from outstanding visibility and daily traffic counts of 16,000. The first floor is home to three established commercial tenants, including Imani Salon, Jo Jo’s Hair Salon, and Cleona Chiropractic, while the second-floor features two occupied residential apartments, each with one bedroom and one bathroom. Ample on-site parking accommodates commercial tenants and their customers, with additional dedicated parking located at the rear of the property for residential tenants. The building has been updated and consistently cared for over the years, providing stability and long-term income potential for investors. Its strong location, steady tenant mix, and high traffic counts make this a prime opportunity in the Lebanon area.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

8.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2234 Cumberland Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial Combination

APN/PARCEL ID

26-2329997-369053-0000

ASK ABOUT THIS PROPERTY

Brad LongeneckerIron Valley Real EstateMore Info
717-769-2986

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Brad LongeneckerIron Valley Real EstateMore Info
717-769-2986

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