1501 E King St, Lancaster, PA – $1,600,000

1501 E King St, Lancaster, PA – $1,600,000
$1,600,000
ID-10074
For Sale
Building Size: 8400 sq ft Lot Size: 1.47 Acres Current Zoning: LC Real Estate Taxes: 13967 / 2019 Property Use: Restaurant

Commercial Real Estate – Restaurant / Bar

8,400 sf Waterfront restaurant / bar For Sale on 1.42 Acres.  Sale includes Land and Building; Furniture Fixtures & Equipment; Liquor License; Business & Business Name. Restaurant features full commercial  kitchen; newer 2 zone heating and air conditioning, mechanicals; 400 amp 3 phase electrical service; 4 handicap bathrooms; security system; fire alarm; inside / outdoor camera system; pole signage.   3 story building with second floor office and third floor storage.  144 total inside seating consisting of 14 seats at bar, 52 seats in lounger area, 12 seats in fireplace room and 68 seats in dining room.  110 additional seating on outdoor patio area.  12 tap glycol system, 90 on site car parking.  Corner property at signalized intersection. 600ft+ scenic river view frontage from patio.    180 ft frontage on E King St.  18,000+ ADTC.  Great 1-3-5 mile demographics.  Centrally located near Routes 30, 462, 222 & 23,  LC zoning permits restaurant as an “as of right use.” Owner financing may be available to buyer with substantial down payment and above average credit.  Property and business may be purchased without liquor license at reduced cost.  Do not speak with employees concerning this sale.

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