T
he Lebanon County real estate market is off to a slow start in 2025, with high interest rates and limited inventory hindering home sales. However, commercial real estate experts remain optimistic about the year ahead. Here's a snapshot of six notable properties currently on the market:
Majik Rental Building: Listed for $2,095,000, this 19,547-square-foot building in downtown Lebanon has office space and potential for significant rental income.
A mystery bar/restaurant: Priced at $1,200,000, this turnkey business sits on a corner lot in Lebanon city and boasts a loyal customer base and positive reputation. Further details are available upon signing a non-disclosure agreement.
Simon S. Kettering & Sons Inc.: This 11,694-square-foot garage in Lebanon city is listed for $1,200,000 and offers general commercial zoning with numerous potential uses.
North Cornwall equestrian estate: Priced at $1,800,000, this 12.34-acre property features a 6,611-square-foot mansion, indoor riding arena, and equestrian facilities.
The Franklin House: Listed for $799,000, this historic stone building in Schaefferstown has served as a tavern for over a century and includes a liquor license, equipment, inventory, and goodwill.
Lebanon Merchandiser Building: Priced at $1,595,000, this 26,000-square-foot property on Cumberland Street is "a developer's dream" with potential for various uses, including multifamily conversion or retail.
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