Remarks

Public Auction held on site Monday, December 30, 2024 @ 12 noon - Successful bidder required a 10% non refundable deposit - Settlement within 60 days - List price does not reflect final sales price * Lebanon Farmers Market with approximately 33,000 SF. This outstanding local landmark features a 1st floor market w/22 stands & currently 21 are occupied by vendors. The market is open Thursday-Saturday. 2nd floor consists of a mezzanine with a dining area overlooking the market. Also has 6 stands with 4 occupied. 3rd floor is a state of the art, fully equipped restaurant w/seating for 190 guests. Highlighted by a large & beautiful antique back bar. Also has an event center w/120 person capacity. Attic is equipped with a sprinkler system but has been been developed. The basement is finished with offices, closets & lunchroom. Note: This outstanding historical downtown Lebanon building was completely renovated by a local visionary in 2006. A 6.5 million dollar investment in renovation, outstanding design & mechanicals will be to your benefit. Property is currently netting 160K annually. Sellers have enjoyed their ownership, but have another opportunity & are very motivated to sell. Believe the new owner can take this income producing property to the next level.

Details

MLS#: PALN2017714
Price: $1,300,000

Year Built: 1900

County: LEBANON
Tax Fee: 33824.0