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435 Willow St and 124 N 5th Lebanon PA 17046 124 N. 5th Street 14,500 SF 100% Leased Industrial Building Lebanon, PA 17046 $997,500 ($68.79/SF)



INVESTMENT HIGHLIGHTS
- Remodeled
- Multiple potential uses
- Established Venue
- Ample private parking
EXECUTIVE SUMMARY
Known most recently as a premier wedding and event venue "Warehouse 435", this stunning property, comprising of approximately 14,500 square feet, is a masterclass in adaptive reuse. With a rich history as a cigar manufactory, plumbing supply business, distillery, and restaurant, the building's architecture offers a unique "industrial-chic" soul that is impossible to replicate in modern construction. The interior is perfectly suited for high-end commercial use. The Main Floor: Features gorgeous refinished original wood floors that add warmth and history to the expansive gathering space. This level includes a wet bar, a private office, three bathrooms and a kitchen/food prep area designed for high-volume catering. The "Dockroom": A large addition featuring polished concrete floors, chandeliers, and a modern aesthetic. It is a versatile space for a gathering, showroom, dining room, or creative studio. The Second Floor: A vast, light-filled open area with a fourth bathroom and a dedicated bridal/executive suite, boasting the same character-rich details found throughout. The Lower Level: A massive, open-concept basement with side storage, fully accessible via a working elevator, stairs, and a ramp—making every square inch of this building functional and accessible. Zoned Light Industrial Commercial (LIC), the possibilities for this property extend far beyond its current success as an event venue. The unique design of the exposed elements and flexible floor plan makes it a prime candidate for: a destination restaurant or distillery, a modern creative office, gallery, boutique retail or various other purposes. Strategically located near Downtown Lebanon, this property solves the primary challenge of urban commercial real estate by providing a private off-street parking lot with approximately 30 spaces, supplemented by ample street parking. This property is more than just a building; it is a turn-key asset with the infrastructure, zoning, and aesthetic to house Lebanon’s next great business venture.
PROPERTY FACTS
| Price | $997,500 | Lot Size | 0.71 AC |
| Price Per SF | $68.79 | Rentable Building Area | 14,500 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Warehouse | Parking Ratio | 1.03/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | LIC - Light Industrial Commercial | ||
| Price | $997,500 |
| Price Per SF | $68.79 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.71 AC |
| Rentable Building Area | 14,500 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 1.03/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LIC - Light Industrial Commercial |
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Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 04-2339425-369971-0000 | Improvements Assessment | $281,500 |
| Land Assessment | $32,700 | Total Assessment | $314,200 |
PROPERTY TAXES
Parcel Number
04-2339425-369971-0000
Land Assessment
$32,700
Improvements Assessment
$281,500
Total Assessment
$314,200
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435 Willow St and 124 N 5th Lebanon PA 17046 | 124 N. 5th Street
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