Waterfront
Address
1501 E King Street, Lancaster, PA
Price
$ 1,390,000
Property Attributes
- MLS#PALA2030308
- TypeCommercial
- CountyLANCASTER
- CityLancaster
- AreaLancaster Twp
- NeighborhoodLancaster
- Zip17602
- StyleRestaurant/Bar
- Year Built1741
- Taxes$ 16017
- Price$ 1,390,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6440
- Lot Size1.42 Acres
Data Source:
Bright MLS
Property Description
Lancaster County's long running and extremely successful Inn / Restaurant is ready for a new owner . . . Everything included/Turnkey Operation. Start operating immediately including all licenses (liquor & food service), all equipment and furniture, Top-of-the-line Commercial Kitchen, and good will. Gently tucked away on King Street in Lancaster, this property affords nearly 1.5 acres and scenic views are yours with the lovely creek side views. Many nice updates. Several rooms for cozy Interior Dining; Serving areas include nearly 150 inside & 120 on the exterior deck. , Large Bar Area plus Outdoor Deck Dining. This is a once-in-a-lifetime opportunity to own a piece of Lancaster County history!
| Price History | |
|---|---|
| 2/10/2023 | Listed $1,725,000 |
| 8/28/2023 | 14% - $1,500,000 |
| 2/7/2024 | 8% - $1,390,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Utilities | Cable TV |
| Possession | Negotiable |
| Roof | Shingle,Composite |
| Zoning | LOCAL COMMERCIAL |
| Security Features | Security System,Fire Detection System |
| Construction Materials | Stucco |
| Exclusions | Owner's personal property/Dishwasher. |
| Year Built | 1741 |
| Electric | 200+ Amp Service |
| View | Creek/Stream,Water |
| Property SubType | Services |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Natural Gas |
| Business Type | Restaurant/Bar |
| Accessibility | Grab Bars Mod,Level Entry - Main |
| County | LANCASTER |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | LANCASTER |
| Possible Use | Bar/Tavern/Lounge,Beer/Wine/Liquor,Commercial,Food & Beverage,Restaurant |
| Water Access Y/N | No |
| Property Use | Owner User |
| Status | ACTIVE |
| Directions | From Lancaster Square,head East on Route 462 (King Street)/Property on L |
| ModificationTimestamp | 2024-03-21T09:55:48 |
| City | LANCASTER |
| Buyer Agent Compensation | 3 |
| MLS Area | Lancaster Twp (10534) |
| Lot Size Square Feet | 61855.00 |
| Tax Assessed Value | 555400.0 |
| Waterfront Y/N | Yes |
| Street Name | KING |
| Tax Annual Amount | 16017.0 |
| Price Per Sq Ft | 215.84 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 431 |
| Location Type | Free Standing |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Hardwood |
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Parking Features | Paved Parking |
|---|---|
| Lot Features | Stream/Creek |
| Water Source | Public |
| Total Parking Spaces | 90 |
| Type of Parking | Parking Lot |
| Land Use Code | 523 |
| Water View Y/N | Yes |
| Building Area Total | 6440.00 |
| Lot Size Acres | 1.42 |
| Road Frontage Length | 180 |
| Water Body Type | Creek |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 208000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | Yes |
| Car Parking Spaces | 90 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 17602
Price
Taxes
Visits
Year Built
Walkscore
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