1507 Willow Street Lebanon, PA $ 2,200,000
1507 Willow Street
$ 2,200,000
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1507 Willow Street

Lebanon, PA, 17046
$ 2,200,000
Bedrooms-- Baths-- Sq 57,552

Monthly Estimate*

$ 13,725

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Commercial Property for sale in Lebanon, PA

for $2,200,000. This 57,552 square foot building was built in 1950 on a lot size of 5.97.

Warehouse complex for sale on 5.97 acres, ideal to cashflow or use as a company headquarters. Located in a "general industrial commercial" GIC zoned 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 divided as follows: 38,112 sq. ft base structure, 2,832 1st floor office area, 7,200 sq. ft second level mezzanine, 7,160 sq. ft second floor office area. The new owner will likely demo the exiting offices and mezzanine to open up the clear span, or renovate the offices. The main building features multiple loading docks with open span areas and 20 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 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.

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Commercial Contingent

Price

$ 2,200,000

Property Type

Commercial

Taxes

$ 11,949

Style

Manufacturing

Lot Size

5.97

Year Built

1950

Town/City

Lebanon

County/Region

Lebanon

MLS | Web ID

PALN2022598

Features
Interior
Heating Fuel Natural Gas
Flooring Concrete
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Zoned Forced Air
Cooling Central A/C
Possession Settlement
Roof Flat
Zoning GIC
Construction Materials Mixed
Year Built 1950
Electric 440 Volts 3 Phases
Property Subtype Industrial
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality LEBANON CITY
Business Type Manufacturing
Accessibility >84 Garage Door
County LEBANON
New Construction N
Property Type Commercial Sale
Possible Use Industrial Manufacturing Office Storage Yard Warehouse
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions Located on Willow Street between 16th Street and 12th Street next to Murray's manufacturing
City LEBANON
Disclosures Agent Related to Owner
Number Of Units Total 2
MLS Area Lebanon City (13201)
Lot Size Units Square Feet
Lot Size Square Feet 260053.00
Tax Annual Amount 11949.0
Property Condition Average
Price Per Sq Ft Total AG 35.44
Acceptable Financing Exchange Conventional Cash Private
Historic Y/N N
Lease Considered Y/N Y
Vacation Rental Y/N N
Virtual Tour https://youtube.com/shorts/OTGre2s4RGI?si=QWVyBTEE85aWfuvw
Location Type Business District
Standard Status Active Under Contract
Year Built Source Estimated
Total Actual Rent 42000.00
Association Recreation Fee N
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Exterior
Parking Features Fenced Paved Parking Surface Unassigned
Lot Features SideYard(s) Cleared
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 62072.00
Lot Size Acres 5.97
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 217300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1507
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* Excluded Features
List By
Guerilla Realty Llc

Broker

rachel@go-guerilla.com

Email

Affordability Calculator

$14,721
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,725
Monthly Property Taxes
$996
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2025$2,200,000 Listed Price

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1507 Willow Street, Lebanon, PA, 17046 is a Commercial Property for sale at $2,200,000 with 57,552 sqft and a lot size of 5.97. 1507 Willow Street was built in 1950. The property's zip code is 17046 which is in Lebanon, PA