Description
Exceptional mixed-use investment opportunity with strong income potential! This fully remodeled property features an updated residential unit and a turn-key restaurant space - perfect for an owner/user or investor. The residential component includes a 1-bedroom apartment, beautifully renovated with modern finishes, and an abundant amount of storage. This unit could be operated as a possible Airbnb or long term rental. This unit offers an open layout, updated kitchen and bath, attractive flooring, and quality fixtures throughout. The ground-floor restaurant space is fully furnished and turn-key ready, equipped with all necessary fixtures, seating, and kitchen infrastructure - ideal for an operator looking to open immediately with minimal upfront investment. Enjoy additional seasonal dining on our patio. Conveniently located in a high-traffic area with strong visibility, this property offers diverse income streams, significant upside, and flexible use potential. Don't miss this rare chance to own a fully repositioned mixed-use asset.
Details
| MLS # | PALA2083402 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1890 |
| Days On Site | 233 |
| Listing Provided By | Howard Hanna Real Estate Services - Lancaster | Phyllis Rothweiler |
Features
| SQ Feet | 1,850 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | MIXED-USE |
| Acreage | 0.03 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric, Forced Air |
| Interior Features | 2nd Kitchen, Attic, Bathroom - Stall Shower, Built-Ins, Ceiling Fan(s), Combination Kitchen/Living, Floor Plan - Open, Kitchen - Table Space, Upgraded Countertops, Wood Floors |
| Appliances | Dishwasher, Dryer - Electric, Dryer - Front Loading, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater, Disposal |
Exterior
| Exterior Features | Awning(s), Street Lights, Exterior Lighting |
|---|---|
| Security Features | Smoke Detector |
| Construction Materials | Brick, Other |
| Foundation Details | Block |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available |
|---|
Taxes
| Tax Annual Amount | 5296 |
|---|
Area Information
| State | PA |
|---|---|
| County | LANCASTER PA |
| City | LANCASTER |
| Zip Code | 17603 |
| Area | Lancaster City (10533) |
| School District | SCHOOL DISTRICT OF LANCASTER |
| Listing VS Median (in 17603) | |
Price: $687,000 low | high Med: $329,000 sqft: 1,850 low | high Med: 1,646 $ / sqft: $371 low | high Med: $208 On site: 233 low | high Med: 26.5 | |
Market Activity 17603
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Learn More About This Property
| State | PA |
|---|---|
| County | LANCASTER PA |
| City | LANCASTER |
| Zip Code | 17603 |
| Area | Lancaster City (10533) |
| School District | SCHOOL DISTRICT OF LANCASTER |
| Listing VS Median (in 17603) | |
Price: $687,000 low | high Med: $329,000 sqft: 1,850 low | high Med: 1,646 $ / sqft: $371 low | high Med: $208 On site: 233 low | high Med: 26.5 | |
