35 Main StAnnville, PA 17003
- Retail properties
- 2,578 SF
Property Details for 35 Main St
- Year built
- 1960
- Lot size
- 0.15 AC
- Property size (Sq ft)
- 2,578 SF
- Property type
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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