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2234 Cumberland Street 2234 Cumberland St 4,339 SF 100% Leased Retail Building Lebanon, PA 17042 $675,000 ($155.57/SF) 8.34% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased 5-unit mixed use investment
- Strong centralized Lebanon location
- Ample parking for tenants & customers
EXECUTIVE SUMMARY
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.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,339 SF
Building Class
C
Year Built
1977
Price
$675,000
Price Per SF
$155.57
Cap Rate
8.34%
NOI
$56,295
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
Commercial Combination
Parking
25 Spaces (5.76 Spaces per 1,000 SF Leased)
Frontage
103’ on Route 422 (Cumberland)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 26-2329997-369053-0000 | Improvements Assessment | $191,000 |
| Land Assessment | $83,500 | Total Assessment | $274,500 |
PROPERTY TAXES
Parcel Number
26-2329997-369053-0000
Land Assessment
$83,500
Improvements Assessment
$191,000
Total Assessment
$274,500
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2234 Cumberland Street | 2234 Cumberland St
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