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Cumberland St 2,400 SF 100% Leased Retail Building Lebanon, PA 17042 $1,100,000 ($458.33/SF) 18% Cap Rate
Executive Summary
Turnkey restaurant in Lebanon city with well established client base and name recognition. Sale includes FF and E, liquor license, real estate and goodwill. Owner nets over $200K annually with room to increase profits even further. Roof is only 2 years old and cooler was recently replaced. Equipment is all in excellent condition. NDA and proof of funds must be submitted for further details. Please contact one of the list agents for further information.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
2,400 SF
Year Built
1970
Price
$1,100,000
Price Per SF
$458.33
Cap Rate
18%
NOI
$198,000
Business Value
$400,000
Percent Leased
100%
Building Height
1 Story
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 2
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Cumberland St
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