For Sale
$430,000

106 Front StNew Freedom, PA 17349

Historic building, 9,068 sq ft, 3 units

Overview

Added:
Dec 11, 2024
Days on market:
114
This stunning four-story, 9,068 square foot building in New Freedom, Pennsylvania, presents a unique investment opportunity. Located in the Central Business District, directly across from the Heritage Rail Trail County Park, this property boasts a prime location with high foot traffic. Previously housing the Colonial Hotel & Restaurant and The Hodle Tavern, the building offers immense potential for adaptive reuse. The first floor features existing bar and dining areas, a pool table, and an outdoor patio, ideal for a restaurant or similar venture. The upper two floors currently include a spacious three-bedroom, two-bathroom residential unit, with potential to create three or four additional units, generating significant rental income. Recent updates include a newer roof and windows. The property includes 16 parking spaces and sits on a 9,309 square foot lot. Zoned for commercial use, this 1883 building offers 9,068 square feet of net rentable space. Utilities are separated for the upper floors, and the commercial space features central air. This value-add property is listed at $430,000 and is currently vacant. The thriving local area, including nearby Seven Sports Bar & Grille and local breweries, ensures a strong potential for success. This historic landmark is ready for a new chapter, offering a blend of commercial and residential potential in a vibrant Pennsylvania town.

Highlights

  • Prime location in New Freedom, PA's Central Business District, directly across from Heritage Rail Trail County Park, ensuring high foot traffic.
  • Versatile zoning (Local Central Business District) allows for diverse commercial and residential uses, including restaurant, retail, or mixed-use development.
  • Historic charm: Former Colonial Hotel & Restaurant and Hodle Tavern, adding unique appeal.
  • 9,068 square feet of net rentable space on a 0.213-acre lot, offering ample room for customization.
  • Residential income potential: Existing 3-bedroom, 2-bathroom unit; potential for 3-4 additional units.
  • Recent roof and window replacements.

Property Details for 106 Front St

Property type
Retail properties, Restaurants
Square Feet
9,068 SF
Year Built
1883
Buildings
1
Stories
4
Units
3

Location Insight

City
New Freedom
County
York
State
Pennsylvania
Latitude
39.7401619
Longitude
-76.7010696
106 Front St, New Freedom, Pennsylvania

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106 Front St
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