Listed By:
High Associates Ltd.
Address
1398 W Main Street, Ephrata, PA
Price
$ 2,400,000
Property Attributes
  • MLS#PALA2037106
  • TypeCommercial
  • CountyLANCASTER
  • CityEphrata
  • AreaEphrata Boro
  • Zip17522
  • StyleApartment Building,,/General Retail,Restaurant/Bar
  • Year Built1890
  • Taxes$ 13402
  • Price$ 2,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10896
  • Lot Size0.43 Acres
Data Source:
Bright MLS
Property Description

Historic investment portfolio located in downtown Ephrata including a turnkey restaurant and cash flowing two-unit multifamily property. This corner restaurant (1398 W Main Street) includes a fully furnished kitchen, first and second floor dining areas, three restrooms, and detached bar/event space area with ample outdoor dining. The income producing two-unit mulit-family property (1404 W Main Street) offers 2 bedroom 2 bath first floor unit and second floor unit of 2 bedrooms and 1 bath. Both units have laundry in-unit. And both properties have been extensively updated within the past three years. Price is inclusive of both parcels. R liquor license and all FF&E is included. Please do not contact agent via showing time.

Price History
6/28/2023 Listed $2,400,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Zoning CND
Construction Materials Block,Brick,Concrete,Log,Masonry,Rock,Stone
Year Built 1890
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building,Other,Other/General Retail,Restaurant/Bar
Accessibility 2+ Access Exits,Doors - Swing In,Entry Slope
County LANCASTER
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Take US-222 N and take the Brownstown Exit onto PA-772. Continue on PA-772 for 8 miles and turn left onto Rothsville Rd. where you'll be met with a right onto Rettew Mill Rd. in a short distance. Con
ModificationTimestamp 2023-11-11T01:29:24
City EPHRATA
Buyer Agent Compensation 3
MLS Area Ephrata Boro (10526)
Lot Size Square Feet 18731.00
Tax Assessed Value 558900.0
Waterfront Y/N No
Street Name MAIN
Tax Annual Amount 13402.0
Vacation Rental Y/N No
Days on Market 308
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 35
Type of Parking Parking Lot
Land Use Code 523
Water View Y/N No
Building Area Total 0.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.43
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 96400.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 35

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 17522

Price
AVG $880K
$2.4M
Taxes
AVG $30,662
$13,402
Visits
AVG 142
394
Data Provided by Inside Real Estate®
Year Built
AVG 1941
1890
Walkscore
AVG 60
44
Data Provided by Walkscore® not using MLS data

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