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For Sale

Mixed Use Investment Property

1123 Reinoehl St. Lebanon, PA 17046

Lebanon County

Property Information

Total Building Size: 5,800 SF
Sale Price: $839,000
Zoning: Commercial Neighborhood
Parking: Paved, On-Site, 20-25 Spaces
Land/Lot Size: 1.57 Acres

Property Highlights

Mixed use investment opportunity with operating laundromat business on the North side of Lebanon City.

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Broker Photo

Ben Chiaro, CCIM

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David Albright

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Property Description

Calling all investors! Mixed use investment opportunity for sale on the North side of Lebanon city. Property consists of an operating laundromat (business included in sale - financials available upon request), a warehouse/shop space currently used for automotive service with a sales lot for fifteen (15) vehicles, a two-bedroom apartment, an owner’s residence/apartment (three-bedroom, two bath), a mobile home, and residual land.
The current owner’s live in the owner’s residence and operate the laundromat and automotive business. Investment analysis is available showcasing proforma income assuming all third-party tenants. Residual land is 0.65 acres. Owners have made substantial investments in the past few years, including construction of the shop/warehouse/automotive space (2018), new boiler (2016), new Rheem condenser (2020), new water heater, and new 15-car parking lot (2020). New roofs were installed in 2018 and 2020.

Location Map

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