2234-2236 CUMBERLAND STREET, LEBANON PA 17042

Fully Leased Mixed-Use Investment Property

An exceptional investment opportunity awaits along busy Route 422 in Lebanon. This fully leased, well-maintained 5-unit mixed-use property features a balanced blend of commercial and residential tenants. The first floor is home to three established businesses—Imani Salon, Jo Jo’s Hair Salon, and Cleona Chiropractic—each benefiting from excellent exposure and steady customer traffic. Upstairs, two one-bedroom apartments provide additional rental income with consistent occupancy.

The property offers convenient on-site parking for both commercial tenants and customers, plus separate rear parking for residents. With approximately 16,000 vehicles passing daily, this location provides maximum visibility and accessibility for tenants. Thoughtfully updated and consistently cared for over the years, the building offers both stability and long-term income potential. Its combination of strong location, solid tenant mix, and turnkey operation makes this a rare investment opportunity in the Lebanon market.

Property Features:

Fully leased 5-unit mixed-use investment
Three established commercial tenants + two apartments
Excellent visibility on Route 422 (16,000+ cars daily)
Ample parking for tenants and customers
Consistently maintained and updated
Reliable, diversified income stream
Strong Central Lebanon location

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Sale Information:

Listing Price – $675,000
New owner to confirm square footage, potential use and zoning compliance

Property Layout:

Cap Rate Calculation:

Location:

2234 – 2236 Cumberland Street, Lebanon PA 17042
North Cornwall Township
Designated parking lot

The Community:

Nestled in the heart of the Lebanon Valley, the City of Lebanon serves as the county’s governmental and commercial hub. Enjoying a central location within Lebanon County and Central Pennsylvania, our city offers seamless access to Harrisburg, Hershey, Lancaster, Reading, and beyond. With a population of approximately 26,000 residents and covering 4.2 square miles, Lebanon City combines a small-town ambiance with contemporary amenities.

Experience the charm of our walkable downtown, which preserves its historical allure while embracing the diverse cultures and ethnic identities of our population. Boasting a variety of restaurants, coffee shops, and the Lebanon Farmers Market, the downtown area is a lively urban center.

Our community’s close connection to nature is a defining feature that attracts visitors. The Lebanon Valley provides abundant opportunities to immerse yourself in nature and farmland. Outdoor enthusiasts thrive in Lebanon County, where parks and green spaces, including Coleman Memorial Park, Stoever’s Dam Park, and Southwest Park, enhance the quality of life within city limits.

For those seeking recreational adventures, the Lebanon Valley Rail Trail offers an exceptional experience, seamlessly connecting to the downtown area. As part of a national recreation trail network, it spans throughout the county, linking to trails in neighboring counties. This trail, formed from the union of the Cornwall & Lebanon Railroad and the Cornwall Railroad, is currently undergoing reconstruction and, once completed, will stretch for 25 miles. Multiple trailheads throughout the county invite walkers and cyclists to explore the beauty of our evolving trail system.