1507 WILLOW ST new to site Save Request In-Person Tour Request Virtual Tour
Lebanon,PA 17046
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 260,053 sqft
Price per Sqft $8
MLS Listing ID PALN2022598
Year Built 1950
Annual Tax Amount $11,949
Tax Year 2025
Lot Size 5.970 Acres
Property Sub-Type Industrial
Property Description
Warehouse complex for sale on 5.97 acres, ideal to cashflow or use as a company headquarters. Located in an industrial area of the City of Lebanon, 1507 Willow Street presents an excellent opportunity for both owner occupants and investors. The main building is comprised of over 52,000 square feet featuring; multiple loading docks with open span areas and 24 foot ceiling heights, 440 v-3 phase electric, a red coded sprinkler system, a yellow coded gas system, and exhaust fans throughout the plant. The main building also includes offices, conference rooms, and rest rooms, all with air conditioning and heating. The former owner was a manufacturing company in the films and plastics business. The current owner has used the building for storage and trailer parking. A secondary "butler steel building" comprising 10,000 square feet was added in 2007. The total site is 5.97 acres including a 3 acre fenced lot ideal for truck parking or trailer storage and 700 feet of railroad siding currently not in use. A portion of the main building is currently leased through September 2026 at a rate of $3,710 per month to a florist-business for warehouse storage. The owner has interest from local businesses in leasing other portions of the building and parking lots. Property is currently underutilized as sale is prompted by retirement. A Phase I and Phase II environmental site analysis was performed in 2010. Located next door to Murray's foods. Close to major transportation routes including Route 422, I-81, 1-78, and the Pennsylvania Turnpike.
Location
State PA
County Lebanon
Area Lebanon City (13201)
Zoning MH
Interior
Hot Water Natural Gas
Heating Zoned,Forced Air
Cooling Central A/C
Flooring Concrete
Exterior
Garage Spaces 50.0
Water Access N
Roof Type Flat
Building
Lot Description SideYard(s),Cleared
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lebanon
Others
Acceptable Financing Exchange,Conventional,Cash,Private
Listing Terms Exchange,Conventional,Cash,Private
Special Listing Condition Standard
Virtual Tour https://youtube.com/shorts/OTGre2s4RGI?si=QWVyBTEE85aWfuvw