4345 Market StYork, PA 17408
- Retail properties
- 2,892 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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