4345 Market StYork, PA 17408

  • Retail properties
  • 2,892 SF
For Sale

Property Details for 4345 Market St

Year built
1997
Lot size
1.00 AC
Property size (Sq ft)
2,892 SF
Zone code
RS
Property type
Retail properties
Property subtype
Turn key restaurants
APN
51-000-14-0013.00-00000
APU
510001400130000000

Description

This exceptional turnkey restaurant opportunity in York, Pennsylvania, presents a rare chance to acquire a thriving business and its real estate. Located at 4345 W Market St, this 5,784 square foot, single-story building boasts a prime location directly on Route 30, providing easy access to York City, West York, Spring Grove, and Thomasville. The property, built in 1997 and extensively renovated in 2021 (with a new roof in 2023), features ample on-site parking. The restaurant itself is a well-established, popular local eatery with a loyal customer base, currently operating Monday through Thursday from 7 AM to 2 PM, offering dine-in and takeout service. The current setup includes seating for 74 inside and an additional 20 seats on a patio. The sale includes the real estate, business goodwill, website, phone number, and extensive equipment list. The restaurant enjoys high ratings (4.7 on Google, 5.0 on Facebook), demonstrating its strong reputation and potential for significant revenue growth through expanded hours (evenings and weekends) and the addition of delivery services. The property is zoned Local Commercial (LC) and has APN numbers 67-51-000-14-0013-00-00000 and 67-51-000-14-0012-A0-00000. This is a truly exceptional opportunity for a savvy investor or restaurateur.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $907,029
    6.5%
    $837,258
    7%
    $777,454
  • Comparable approach

    Method
    Valuation
    Relative Method
    $744,359
    Geo Method
    $458,478
  • Alternative Use

    Use
    Valuation
    Residential
    $706,258
    Hospitality
    $646,929
    Educational
    $538,237
    Medical
    $556,748
    Retail
    $837,258
4345 Market St, York, Pennsylvania

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9301
Longitude
-76.8178
CBSA code
49620
CBSA name
YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,700
$217,330
$168,990
$386,320
-
$217,330
$168,990
$386,320

FAQs

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