Commercial Real Estate -- ONLINE BIDDING OFFERED

Commercial Real Estate—ONLINE BIDDING OFFERED

Lovely three story, 1890 circa, brick Victorian property with many possibilities.
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This beautiful mansion is located in the heart of the City of Lebanon, Pennsylvania.  It is a lovely 3 story 1890 circa brick Victorian 21 room/ 7 baths mansion with over 5,300 square feet of space. The mansion is on a lot measuring 73 feet wide on Cumberland Street and 104 feet deep along 10th Street in historic downtown .  This exquisite mansion has a multitude of uses including commercial, office, rental, restaurant, café, and residential applications.

This meticulously built property has original ornamental hardwood floors, several fire places, custom molding, pocket doors, original fixtures, stained glass windows, a detailed carved oak staircase, and a library.  The property offers steam heat and central air conditioning.  Next to the mansion is a lovely fenced in court yard patio complete with shrubs, trees, and a mature garden.  In addition, this property is zoned Central Business District (CBD) which is designed solely to enhance the quality of central city.

The interior of level 1 is portioned office space with two discernable office rentals at the front and a restaurant/café in operation at the rear.  The interior of levels 2 and 3 are fitted-out as a residential rental with four to six bedrooms, a custom kitchen, four full and one-half bath and living room, family room, etc.  The interior of the basement is average and reflects the age of the structure with updated electrical, mechanical and HVAC with no evidence of water, settlement or infestation.  The property is serviced by a traditional 200-amp electrical connection and has gas heat throughout the building and spot or non-central air-conditioning to the areas of level one.

The town has much to offer with superb surrounding school districts and colleges, several fine restaurants, and a short commute to Hershey and Harrisburg to the west, Reading to the east, and Lancaster to the south as well as easy access to the PA Turnpike and Interstates 81 and 78.

 

Taxes:

County: $370.45

City: $379.05

School: $2,321.65

Terms of Sale :  The property is being sold subject to contingencies with a 10% deposit down on the day of sale and the balance is due within 60 days.  There will be a 10% buyers premium added to the total sellers price due at settlement.

 

Property will be sold subject to confirmation. 10% deposit due the day of the auction with the balance due in 60 days. there will be a 10% buyers premium added to the final selling price, to be paid by the buyer, due at settlement to Fortna Auctioneers.