For Sale
$285,000

221 Philadelphia StYork, PA 17401

Profitable cafe, leased until 2030.

Overview

Added:
Dec 11, 2024
Days on market:
115
This fully equipped 1,555 square foot restaurant in York, PA's Central Business District is available for purchase. Located in the Susquehanna Commerce Center, this first-floor unit boasts excellent visibility and a direct outside entrance. Currently leased to Maggie's Bistro until January 31, 2030, with a five-year renewal option and 2.5% annual rent increases, this investment offers strong cash flow potential. The property is part of a 260,000 square foot office condominium complex, providing ample on-site parking, including a parking garage and electric car charging stations. The building, constructed in 2002, is a six-story structure within walking distance of the Judicial Center and Central Market, and just one block from the Heritage Rail Trail. This prime location offers easy access to downtown amenities and attracts a high volume of foot traffic. The asking price is $285,000, representing a price per square foot of $183.28. The property is zoned for Central Business District use. This is a rare opportunity to acquire a thriving restaurant business in a highly desirable location.

Highlights

  • Leased to Maggie's Bistro until January 31, 2030, with a five-year renewal option.
  • First-floor retail space with excellent visibility.
  • Features a direct outside entrance.
  • Conveniently located near downtown amenities.
  • Walking distance to the Judicial Center and Central Market.
  • One block from the Heritage Rail Trail.

Property Details for 221 Philadelphia St

Property type
Retail properties, Restaurants
Square Feet
1,555 SF
Year Built
2002
Buildings
1
Stories
6
Units
1

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.962219478856
Longitude
-76.733858442377
221 Philadelphia St, York, Pennsylvania

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221 Philadelphia St
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