USAPALebanon327 S Gannon St
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$550,000

Sold

A month ago

327 S Gannon St, Lebanon, PA

House

MLS® PALN2026290

Buyer represented by TONY ZOOK of RE/MAX Pinnacle

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $7,873
Lot Size 0.52 Acres
Approx. Age 2004
MLS® Number PALN2026290

Property Address: 327 S Gannon St, LEBANON, PA, 17042-6096

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity positioned for long-term upside. 48 storage units plus 10 parking spaces. All units in good condition. Currently only one vacancy. 38 of the units were built in 2004 (all sized 10x20) and 10 additional units were constructed in 2018 (3 of these are 10x18 and 7 are 10x15). All units currently rent for $100/month and all parking spaces for $25/month, with potential increases to $115 and $35 respectively. Room to add about 2 to 4 additional parking spaces. Please see documents section for Pro Forma, financials, and additional information. Major operational improvements completed within the past year have transformed this property into a streamlined, professionally-managed asset. Recent upgrades include the installation of new heavy-duty metal signage, rollout of a website equipped for online rentals, auto-pay, automated late fees, and tenant insurance purchasing (additional income source for owner), removal of delinquent tenants, rent increases to market value, execution of updated leases with owner-favorable terms, property cleanup and minor repairs, installation of security cameras and motion lighting, and establishment of Google Verification and Search Engine Optimization (SEO). Buyer will receive the website and company name with the purchase, and can also have the LLC if desired. Visit the website at gannonstreetstorage.com to get a feel for how it operates. Self-storage investment opportunities of this caliber are exceedingly rare. Seize your moment!
MLS® NumberPALN2026290
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2004
Basement
DrivewayParking Lot
Garage Spaces
HeatNone
A/CNone

Extras

Price History

Jun 16, 2026End Date
$550,000Sold Price

Sold

May 19, 2026List Date
$550,000List Price
  • Commute

Commute

Starting Address
Destination Address
327 S Gannon St, Lebanon, PA

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