TEAM LONGENECKER’S NEWEST LISTING AT 10 NORTH NINTH STREET, LEBANON PA 17046
This mixed-use building with a location on 9th street just a few steps north from the intersection of Cumberland Street or 422 West and 9th Street. It’s location in the Central Business District in the downtown of Lebanon provides a convenient walkable location. The property is a part of the second fastest growing population in Pennsylvania.
About the building…
The building is currently separated into four units. Two of these units are commercial spaces and the other two are residential.
Overall, the first floor includes two commercial units, a front and rear unit, which total 5,240 square feet of space. As a building within the Central Business District, it is required that the first floor maintain a commercial use.
Currently the front space is vacant. Most recently it was a coffee shop and is best suited for retail, café or office use. This space features a large open area, private office, two bathrooms and a meeting room. The approximate square footage of this unit is 2,800 square feet.
The rear space which has a separate entrance is currently tenant occupied. This tenant is paying $1,000/month rent and is all inclusive. The unit includes approximately 2,400 square feet of space and includes one bathroom. This unit also has access to the 2nd floor rear warehouse space which is not being used at this time. This second-floor space is a raw unfinished space of approximately 2,400 square feet.
The second and third floor units are both residential apartments. Each apartment features 3 bedrooms, living area, kitchen and full bathroom. Both apartments are approximately 1,250 square feet of living space. Enter the apartments via a shared stairway at the front right of the building. All utilities are separate for each of the residential apartments and are occupied with month-to-month tenants.
And lastly, at the rear of the property there is a parking pad for approximately 4 vehicles. This parking area has alley access off Gannon Street.
Becoming a Part of Our Downtown…
Main Street Designation –
As discussed previously, this building is located within the Central Business District and a part of the Downtown Lebanon Community. In fall 2018, the downtown became a designated Main Street. This provides access to programs and resources through the Pennsylvania Downtown Center (PDC). And also the PA Department of Community and Economic Development’s (DCED) Keystone Communities Program. It is a goal of the Main Street Designation to revitalize downtowns with a comprehensive, community-based approach.
The Lebanon Foundation, community members, downtown building and business owners work alongside our Main Street Manager in these revitalization efforts. This work includes but is not limited to implementing initiatives, hosting events, encouraging façade improvements, attracting and retaining businesses and increasing overall awareness of what our community has to offer. These items are the responsibilities of five different volunteer committees:
- Organization
- Design, Safe, Clean & Green
- Economic Vitality
- Promotions
Collaborating Owners –
Our downtown business owners support each other’s businesses anytime they can. When out and about in our community you will often meet other business owners. Many will go out for lunch or grab a cup of coffee at a local establishment. The collaboration is also evident when looking at the many strong community organizations that are present. They are thriving and work together to bring visitors to our community.
Why Invest –
Next, lets talk about the many reasons why you should invest in the downtown and join our growing community. For instance, in the past 5 years, between investors and grant funds, 80.6 million dollars was put into our buildings and infrastructures. Lebanon is ranked by the MSA as #145 in the United States for best Cities to Do Business. And is also ranked #3 within the state for Business Openings. We welcome you to join our over 100 merchants, restaurants, services, and cultural attractions that currently make up our community. The Lebanon Valley Chamber of Commerce is another great asset to the business community. They are an active leader and partner in maintaining and enhancing the quality of life and economic vitality of the community.
The location of this property has great visibility. Sitting right on Route 72 North there are over 16,000 cars passing by a day. Route 422, another highly traveled highway is conveniently located a few doors south of the property as well.
The Community…
The City of Lebanon is in the heart of the Lebanon Valley. It is the county’s seat of government and commerce center. It’s central location within Lebanon County and Central Pennsylvania allows for easy access to Harrisburg, Hershey, Lancaster, Reading and more. Lebanon City itself has a population of around 26,000 people and covers a total area of 4.2 square miles.
Our city provides a small-town atmosphere with the contemporary amenities a lot of us are looking for. The downtown is a walkable urban center. Embracing its historical charm while celebrating the cultures and ethnic identities of our population. It is home to multiple restaurants and coffee shops and is home to our Lebanon Farmers Market.
Our proximity to nature continues to shape our community and drive visitors to check out what we have to offer. The Lebanon Valley offers many amenities to immerse yourself in nature and farmland. Outdoor recreation is a key factor in the quality of life in Lebanon County. Even within the city limits we have multiple parks and green spaces. Including Coleman Memorial Park, Stoever’s Dam Park and Soutwest Park.
Additionally, the Lebanon Valley Rail Trail is a great spot for outdoor recreation. It is a part of a national recreation trail that runs throughout the county. Trails in surrounding counties also connect to the trail. It is a great spot for walking and riding bike. Together, two railroads form this rebuilt trail, The Cornwall & Lebanon Railroad and The Cornwall Railroad. Once completed our local section will be a 25-mile trail. There are multiple trail heads with the closest being on 8th street about 3 blocks south of the downtown. This provides easy access to the downtown for trail users.
How to Make this Property Yours…
Overall, this property provides great opportunity. Add to your investment portfolio or open your own business with supplemental income. This property is SOLD! Call our team at 717-450-7090 for help in finding a property similar to this one. We are here to answer any questions you have about purchasing in our Downtown.
For the full listing click here…
