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Hebron Shoppes 452 E Cumberland St

5,026 SF 34% Leased Retail Building Lebanon, PA 17042 $1,262,807 CAD ($251 CAD/SF) 6.90% Cap Rate

Investment Highlights

  • Multi-Tenant Investment Property
  • Excellent street presence & traffic counts.
  • Featuring a mix of commercial & residential tenants.

Executive Summary

We are pleased to market this two-story mixed use investment property. The first floor features Gabby’s Italian Bistro, who just signed a new 5 year lease, and The Lavender Room Salon, with a new 3 year lease. The second floor contains two (2) residential apartments which are currently occupied.
Excellent street presence and traffic counts provide exceptional visibility. The property also features 15+ on-site parking spaces in the rear of the property.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,026 SF
Building Class
C
Year Built
1975
Price
$1,262,807 CAD
Price Per SF
$251 CAD
Cap Rate
6.90%
NOI
$87,134 CAD
Percent Leased
34%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.33
Land Acres
0.35 AC
Zoning
General Commercial
Parking
15 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
39 ft on E Cumberland St

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • C
  • 522 SF
  • Retail
  • -
  • Now

Welcome to 452 E (#C) Cumberland Street! This charming and versatile property is currently operating as a salon and features a spacious one-room layout, complete with a convenient bathroom and a supply closet. The warm, inviting atmosphere fosters creativity and comfort, making it an ideal setting for various business ventures. The property also includes a generous parking lot with space for 15 cars, ensuring easy accessibility for both clients and staff. Its prime location places you in close proximity to downtown Lebanon and a variety of surrounding amenities, making it an excellent choice for businesses and customers alike. Whether you envision continuing its use as a salon or transforming it into a professional office, this space is ready for your unique vision. Don’t miss the opportunity to establish your business in this welcoming environment!

  • Restaurant
  • 2,800 SF
  • Restaurant
  • -
  • Now

Fully-equipped restaurant space is waiting for you! This established former Bistro and Pizzeria is fully-equipped, available for lease and is ready for the next restaurateur to take things to the next level! Located along E. Cumberland St. in Lebanon, the site enjoys great visibility and traffic counts, customer parking, and indoor and outdoor seating. The interior offers two dining areas and indoor seating for between 40-50 customers. Availability is immediate and the condition is predominantly turn-key. However, it is ready for your personal touch and concept!

Space Size Space Use Position Available
C 522 SF Retail - Now
Restaurant 2,800 SF Restaurant - Now

C

Size
522 SF
Space Use
Retail
Position
-
Available
Now

Restaurant

Size
2,800 SF
Space Use
Restaurant
Position
-
Available
Now

C

Size 522 SF
Space Use Retail
Position -
Available Now

Welcome to 452 E (#C) Cumberland Street! This charming and versatile property is currently operating as a salon and features a spacious one-room layout, complete with a convenient bathroom and a supply closet. The warm, inviting atmosphere fosters creativity and comfort, making it an ideal setting for various business ventures. The property also includes a generous parking lot with space for 15 cars, ensuring easy accessibility for both clients and staff. Its prime location places you in close proximity to downtown Lebanon and a variety of surrounding amenities, making it an excellent choice for businesses and customers alike. Whether you envision continuing its use as a salon or transforming it into a professional office, this space is ready for your unique vision. Don’t miss the opportunity to establish your business in this welcoming environment!

Restaurant

Size 2,800 SF
Space Use Restaurant
Position -
Available Now

Fully-equipped restaurant space is waiting for you! This established former Bistro and Pizzeria is fully-equipped, available for lease and is ready for the next restaurateur to take things to the next level! Located along E. Cumberland St. in Lebanon, the site enjoys great visibility and traffic counts, customer parking, and indoor and outdoor seating. The interior offers two dining areas and indoor seating for between 40-50 customers. Availability is immediate and the condition is predominantly turn-key. However, it is ready for your personal touch and concept!

Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-2343701-369973-0000
Land Assessment
$42,473 CAD
Improvements Assessment
$271,013 CAD
Total Assessment
$313,487 CAD
  • Listing ID: 28804338

  • Date on Market: 2023-06-20

  • Last Updated:

  • Address: 452 E Cumberland St, Lebanon, PA 17042

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