Listed By:
Compass Real Estate, LLC
Address
3063 Lincoln Highway E, Paradise, PA
Price
$ 96,000
Property Attributes
  • MLS#PALA2044672
  • TypeCommercial
  • CountyLANCASTER
  • CityParadise
  • AreaLeacock Twp
  • Zip17562
  • StyleBanquet Facility/Lodge,Restaurant/Bar
  • Price$ 96,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Bright MLS
Property Description

Historic Revere Tavern, restaurant and banquet facility, is available for lease. Located in the heart of Lancaster Countys tourism area, the Historic Revere Tavern has served Lancaster County and its visitors for generations. Built in 1740 and once owned by President Buchanan, this historic establishment is ready for a new restaurant owner. The tavern is part of a hotel complex which includes a highly rated Best Western motel and renowned Magic and Wonder Theatre. The restaurant facility has a total of 15,073 +/- SF (12,195 +/- SF on the first floor; 1,942 +/- SF on the second floor; partial basement of 2380 +/- SF and attached sandwich shop 936 +/- SF) . The original building, dating to 1740, is two-story with dining and lounge areas. The one-story section to the rear contains a state-of-the-art, spacious commercial kitchen, elegant dining rooms, historic bar areas, spacious banquet rooms (one with a large stage and two dressing rooms), and laundry. The attached coffee/ snack shop is a one-story, self-contained unit. On the west side is the office for the lodging facilities and a laundry that services the entire facility. On the east side is the large dining room. The main kitchen is in the center of the building. The rear section of the building is the main banquet room with a separate bar and two wood-burning fireplaces. A recently remodeled outdoor patio is well-suited for beautiful outdoor dining or a beer garden! There is plenty of on-site parking. Lease Rate: $8,000/month + utilities. Liquor license available at additional cost.

Price History
12/8/2023 Listed $96,000

General Features

Sewer Public Sewer
Heating Heat Pump(s)
Cooling Heat Pump(s)
Zoning COMMERCIAL
Construction Materials Frame,Metal Siding
Year Built 1740
Tenant Pays Utilities - All
Property SubType Retail
Current Use Restaurant
Business Type Banquet Facility/Lodge,Restaurant/Bar
Accessibility Other
County LANCASTER
New Construction No
Property Type Commercial Lease
Water Access Y/N No
Status ACTIVE
Directions East on Lincoln Hwy/Route 30 to property on left.
ModificationTimestamp 2023-12-08T17:51:36
City PARADISE
Buyer Agent Compensation 3
Zoning Description C-2
MLS Area Leacock Twp (10535)
Waterfront Y/N No
Street Name LINCOLN
Ok to Lease Negotiable
Price Per Sq Ft 6.37
Leasable Area 15073
Vacation Rental Y/N No
Availability Date 2024-01-01
Days on Market 131
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Yearly Rent

Interior Features

Heating Fuel Electric
Hot Water Electric
Retail SQFT 15073
Heating Y/N Yes
Street Suffix HIGHWAY
Central Air Y/N No

Exterior Features

Water Source Well
Total Parking Spaces 101
Type of Parking Parking Lot
Water View Y/N No
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 100

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 17562

Price
AVG $100K
$100K
Visits
AVG 73
72
Data Provided by Inside Real Estate®
Year Built
AVG 1740
1740

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