34 N 16th St
Lebanon, PA 17042
Industrial Property For Sale
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1945 |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 3.60 AC | No. Drive In / Grade-Level Doors | 5 |
| Rentable Building Area | 32,731 SF | ||
| Zoning | ML | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.60 AC |
| Rentable Building Area | 32,731 SF |
| No. Stories | 1 |
| Year Built | 1945 |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | ML |
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
About 34 N 16TH ST , LEBANON, PA 17042
This property at 34 N. 16th St. offers a combination of retail and warehouse tenants. The site is licensed for two auto repair shops, Torres Repairs and Revolutions Autos, and three auto lots which are all currently leased. Other retail tenants include Presidential Detail. The site also offers light warehousing in the form of over sized garage storage, most of which are also leased. The current owner also has a conditional zoning approval for almost 100 additional exterior mini-storage units. This property produces over $64,000 in net operating income resulting in over an 8% cap rate. Property is located right on the edge of Lebanon City. One of the adjacent properties is in the process of being developed by Rutters for a new convenience store.
Property Taxes
| Parcel Numbers | Improvements Assessment | $195,000 | |
| Land Assessment | $138,400 | Total Assessment | $333,400 |
Property Taxes
