34 N 16th St - Warehouse FOR SALE


Lebanon, PA 17042- Downtown Lebanon
$1,600,000 USD
646-641-3009
34 N 16th St, Lebanon, PA for Sale
$1,600,000 USD
Warehouse - FOR SALE
1/7
null | 8.66% Cap Rate

34 N 16th St
Lebanon, PA 17042
Downtown Lebanon


HIGHLIGHTS

  • Multi-Tenant Industrial Property
  • 8.66% Cap Rate
  • Fully Occupied
  • Granularity of Income
  • Low Price Per Square Foot

OVERVIEW

This fully leased, multi-tenant industrial property offers investors an outstanding opportunity at 34 N 16th Street in Lebanon, Pennsylvania. Encompassing 32,731 square feet of functional warehouse space, the building is supported by robust site improvements on 3.60 acres and maintains stable income through 100% occupancy. With a cap rate of approximately 8.66%, the asset delivers consistent cash flow and income diversity, providing a secure foundation for long-term ownership. Positioned within Lebanon’s established industrial corridor, the property benefits from its central Pennsylvania location, a region known for its strong supply chain infrastructure and connectivity to major markets, including Harrisburg, Allentown, and Reading. Accessibility to key highways ensures efficient distribution across the mid-Atlantic. The property features two dock-high doors and five drive-in bay doors, accommodating a variety of tenant operations from logistics to light manufacturing. Core utilities, including natural gas and city water/sewer services, further enhance operational reliability. Offered at a competitive price point with a low cost per square foot, this investment combines stability, income granularity, and enduring tenant demand in an industrial sector that continues to demonstrate growth and resilience.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$49 USD /SF

CAP RATE

8.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Industrial 8.66% Cap Rate

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.6

LAND SF

156,816

ZONING

ML

APN/PARCEL ID

03-2333981-369423-0000,03-2334073-369534-0000

ASK ABOUT THIS PROPERTY

646-641-3009

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646-641-3009

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