Active
31 8th
Lebanon PA, 17046
$1,300,000
$39.39 per sqft
Active
33,000 sqft
Commercial
Built in 1900
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.
PALN2017714
MLSⓇ ID
November 19, 2024
Listed
November 22, 2024
Updated
Map
31 8th
Lebanon PA, 17046
Interior Features
Interior Features
Elevator
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.3 Acres
Roof
Metal, Rubber
Sewer
Public Sewer
Other Property Details
Area Name
LEBANON CITY
Taxes
$33,824
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
LEBANON
Water Source
Public
Pool
No
Listed by Kingsway Realty - Ephrata
Listing Contact: 7173764029
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Data last updated on 11/22/2024 at 1:55 AM UTC