31 8TH
LEBANON, PA 17046
$1,300,000
Sq. Ft.: 33,000
Type: Commercial
Listing #PALN2017714
Public Auction held on site Monday, December 30, 2024 @ 12 noon - Successful bidder required a 10% non refundable deposit - Settlement within 60 days - List price does not reflect final sales price * Lebanon Farmers Market with approximately 33,000 SF. This outstanding local landmark features a 1st floor market w/22 stands & currently 21 are occupied by vendors. The market is open Thursday-Saturday. 2nd floor consists of a mezzanine with a dining area overlooking the market. Also has 6 stands with 4 occupied. 3rd floor is a state of the art, fully equipped restaurant w/seating for 190 guests. Highlighted by a large & beautiful antique back bar. Also has an event center w/120 person capacity. Attic is equipped with a sprinkler system but has been been developed. The basement is finished with offices, closets & lunchroom. Note: This outstanding historical downtown Lebanon building was completely renovated by a local visionary in 2006. A 6.5 million dollar investment in renovation, outstanding design & mechanicals will be to your benefit. Property is currently netting 160K annually. Sellers have enjoyed their ownership, but have another opportunity & are very motivated to sell. Believe the new owner can take this income producing property to the next level.
Listing Courtesy of: Kingsway Realty - Ephrata (717) 733-4777
Property Features
County: LEBANON
Municipality: LEBANON CITY
Latitude: 40.33848449
Longitude: -76.4251888
MLS Area: Lebanon City (13201)
Heating: Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C
Floors: Concrete
Is New Construction: No
Foundation: Stone
Roof: Metal, Rubber
Septic or Sewer: Public Sewer
Water: Public
Security System: Fire Detection System, Security System, Sprinkler Sy
Parking Description: Public
Lot Size in Acres: 0.3
Commercial/Industrial Type: Other/General Retail, Rest
Approximate Net Sq. Ft.: 33,000
ListDate: 2024-11-19 00:00:00.0
Property SubType: Commercial Sale
Year Built: 1900
Status: Active
Tax Year: 2024
Tax Amount: $33,824
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at December 26, 2024 7:45 AM ET
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