Seller is open to owner finance offers. Great opportunity for anyone looking to get into the rental game, or add 2 units to the portfolio creatively! Excellent investment or owner-occupant opportunity in the heart of Lebanon City! This mixed-use property features a vacant first-floor commercial space ready for your business or next tenant, plus a spacious 2-bedroom, 1-bath apartment on the second floor currently rented for $1,000/month. Conveniently located right between the Lebanon Farmers Market and the Post Office, this property benefits from strong visibility, steady traffic, and easy access to downtown amenities. Whether you're looking to expand your portfolio, start a business, or house hack, this property offers endless potential in a prime location.
Wonderful brick 2-unit in Lebanon's Central Business District. 1st floor office space had been used as headquarters for a local non-profit until just recently and was rented for $350/month. 2nd floor residential apartment is 1 bedroom and 1 full bath with eat in kitchen, living room, and balcony. Currently rented for $100/week to a long term tenant who would like to stay but is in a month to month lease * * requiring only 30 days notice of non-renewal or change of terms. CBD Zoning dictates that 1st floor must stay commercial space and cannot be converted into a residential dwelling without a special exception though a variance. Sellers make no guarantees as to potential uses for property and would encourage buyers agents to investigate any zoning concerns with the city.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Style
Multi-Family (2-4 Unit)
County
Lebanon County
APN
02-2337705-368769-0000
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Last updated by owner on May 18, 2021.
CBD
Central Business District
To provide for an orderly coordinated development of varied commercial business, arts, cultural, institutional and residential development in the downtown. To promote pedestrian-friendly uses, as opposed to uses that are auto-dependent.
Permitted uses
Include but are not limited to:
Gas station
Bank
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Hotel / motel
Office
Shopping centers
Historical weather
Lebanon, PA • 17042
Average low and high temperatures (°F)
33
20
38
24
57
36
65
45
71
53
82
63
86
68
80
60
78
58
66
46
54
37
38
25
Jan
Feb
Mar
Apr
May
Jun
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Aug
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Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 827 Chestnut St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $180,000 and $250,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $180K to $250K.