35 Main StAnnville, PA 17003

Property Details for 35 Main St

Year built

1960

Lot size

0.15 AC

Property size (Sq ft)

2,578 SF

Property type

Turn key restaurants

APN

18-2312354-365237-0000

APU

1823123543652370000

Description

This exceptional 5,400-square-foot restaurant space, located at 35 W Main St in Annville, PA, is now available for sale or lease. Situated in the heart of the Annville Historic District and directly on Route 422/Main St, this Class A property boasts prime road frontage and exceptional visibility on a highly trafficked corridor between Hershey and Lebanon, seeing approximately 20,000 vehicles daily. The property features a single-story building, renovated in 2023, with ample parking. A large municipal lot provides 60 spaces, supplemented by on-street parking and 3 private spaces, totaling 65 parking spaces. The 0.15-acre lot is zoned Town Center (Lebanon County). The interior includes a fully equipped commercial kitchen with less-than-a-year-old equipment, a walk-in cooler and freezer, and all new mechanical systems. An Eating Place (E) liquor license is available for purchase or lease separately. This turnkey opportunity is ideal for restaurant or retail operators seeking a high-visibility location with convenient parking and modern amenities. The property is conveniently located near Lebanon Valley College.

• CAP approach

  CAP return

  Valuation

  6%

  $584,934

  6.5%

  $539,939

  7%

  $501,372

• Comparable approach

  Method

  Valuation

  Relative Method

  $498,153

  Geo Method

  $408,699

• Alternative Use

  Use

  Valuation

  Residential

  $455,459

  Hospitality

  $417,198

  Educational

  $347,104

  Medical

  $359,041

  Retail

  $539,939

Location Insight

City

Annville

County

Lebanon

State

Pennsylvania

Latitude

40.3295

Longitude

-76.5167

CBSA code

30140

CBSA name

LEBANON, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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