For Sale
$795,000

241 Railroad St Hanover, PA 17331

Established Restaurant, 4,733 SF, $795,000

Overview

Added:
Dec 11, 2024
Days on market:
136
This thriving Hanover, PA restaurant presents a unique turnkey opportunity. The Hanover Railside Diner, situated on a 0.55-acre lot at the intersection of N Railroad/Eichelberger Street and North Street (three blocks north of Hanover Square), boasts 4,733 square feet of space. Established for over 12 years, this well-maintained diner operates Monday through Friday and comfortably seats 150+ patrons, with an additional banquet room accommodating 50. Ample parking is available with 50+ on-site spaces. The property includes a second-floor one-bedroom apartment. The sale includes all necessary equipment and furnishings for a seamless transition. Annual real estate taxes are approximately $13,400. The asking price is $795,000, translating to $167.97 per square foot. The property enjoys a prime location, neighboring the Eichelberger Professional Building, Guthrie Memorial Library, and UPMC-Mountainview, ensuring high visibility and accessibility to the entire town. This is an exceptional opportunity to acquire a profitable, established business in a desirable location.

Highlights

  • $795,000 asking price for this established Hanover, PA restaurant.
  • 4,733 square foot retail building on a 0.55-acre lot.
  • Turnkey restaurant operation with seating for 150+ plus a 50-person banquet room.
  • Includes a 1-bedroom apartment on the second floor and 50+ on-site parking spaces.
  • Excellent location near Hanover Square, neighboring prominent businesses and institutions.

Property Details for 241 Railroad St

Property type
Retail properties, Restaurants
Square Feet
4,733 SF

Location Insight

City
Hanover
County
York
State
Pennsylvania
Latitude
39.8048185
Longitude
-76.9856152

FAQs

What type of property is this?
Retail property - Established Restaurant, 4,733 SF, $795,000
Where is the retail property located?
The property is located at 241 Railroad St Hanover, PA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: $795,000 asking price for this established Hanover, PA restaurant.; 4,733 square foot retail building on a 0.55-acre lot.; Turnkey restaurant operation with seating for 150+ plus a 50-person banquet room.
How can I contact the broker?
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241 Railroad St
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