Listed By:
Keller Williams Elite
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
MLS Area Lancaster Twp (10534)
Lot Size Square Feet 61855.00
Waterfront Y/N Yes
Tax Annual Amount 16017.0
Price Per Sq Ft 232.92
Acceptable Financing Cash,Conventional
Historic Y/N No
Vacation Rental Y/N No
Days on Market 349
Location Type Free Standing
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas
Heating Y/N Yes
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
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 Source Assessor
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
AVG $570K
$1.39M
Taxes
AVG $29,441
$16,017
Visits
AVG 209
495
Data Provided by Inside Real Estate®
Year Built
AVG 1942
1741
Walkscore
AVG 74
59
Data Provided by Walkscore® not using MLS data

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