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31 8TH
LEBANON PA 17046 US

$1,300,000

Active Listing ID PALN2017714
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Lot: 0.30 Acres
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$1,300,000

Active Listing ID PALN2017714
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31 8TH 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.

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Property Features

  • Facts
  • Lot Size: 0.30 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1300000
  • unparsedaddress: 31 8TH
  • postalcity: LEBANON
  • stateorprovince: PA
  • country: US
  • postalcode: 17046
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3
  • lotsizeunits: Acres
  • lotsizearea: 0.3
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.33848449
  • longitude: -76.4251888
  • listagentfullname: Keith Snyder
  • listagentemail: keith@kingswayrealty.com
  • listagentkey: 3yd-TRENDPA-3234557
  • listagentmlsid: 3234557
  • listagentpreferredphone: 7173764029
  • listagentofficephone: 7177334777
  • listofficekey: 3yd-TRENDPA-1359
  • listofficemlsid: 1359
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1900
  • listingcontractdate: 2024-11-19
  • listagenturl: https://www.kingswayrealty.com
  • countyorparish: LEBANON
  • cooling: Central A/C
  • constructionmaterials: Brick
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • interiorfeatures: Elevator
  • architecturalstyle: Other
  • accessibilityfeatures: Accessible Elevator Installed
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -76.425186, 40.338486
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"KW Realty, Inc. d/b/a/ Kingsway Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"keith@kingswayrealty.com", "ListBrokerageCity":"Lancaster", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@kingswayrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"KW Realty, Inc. d/b/a/ Kingsway Realty", "ListBrokeragePhone":"(717) 733-4777", "ListBrokeragePostalCode":"17601", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1770 Oregon Pike", "ListBrokerageWebsiteUrl":"https://www.kingswayrealty.com", "ListOfficeAddress1":"830 Martin AVENUE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Ephrata", "ListOfficeCountry":"US", "ListOfficeEmail":"lynn@kingswayrealty.com", "ListOfficePostalCode":"17522", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - LEBANON, PA", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/PALN2017714/?channel=rexren", "MLSModificationTimestamp":"2024-11-19T14:05:40Z", "Neighborhoods":[{"Description":null, "Name":"LEBANON CITY"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":33824, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/19/2024 9:11:59 PM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Keith Snyder, Kingsway Realty - Ephrata, keith@kingswayrealty.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.