14 Main StGlen Rock, PA 17327

Property Details for 14 Main St

Year built

1920

Lot size

0.14 AC

Property size (Sq ft)

6,736 SF

Zone code

RS

Property type

Retail properties

Property subtype

Turn key restaurants

APN

64-000-03-0024.00-00000

APU

640000300240000000

Description

This exceptional commercial property, located at 14-16 Main St in Glen Rock, Pennsylvania (zip code 17327), presents a prime investment opportunity. The 5,998 square foot building is zoned COMMERCIAL and sits on a 0.14-acre lot. Currently configured as a fully equipped restaurant, it boasts seating for 70 patrons and features an open kitchen and spacious dining area. The asking price is $399,000, translating to a price per square foot of $66.52. This established restaurant offers immediate income potential for a savvy investor. The property's prime location on Main Street in Glen Rock provides excellent visibility and accessibility. Potential buyers are encouraged to independently verify permitted uses with the Glen Rock Borough to explore further development or operational possibilities. This turnkey operation is ready for a new owner to step in and capitalize on its existing success or to reimagine its potential. The property's size and location make it an attractive investment for both experienced restaurateurs and those seeking a profitable commercial venture. Don't miss this chance to acquire a well-established business in a thriving Pennsylvania community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,638,863

  6.5%

  $1,512,796

  7%

  $1,404,740

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,385,559

  Geo Method

  $1,067,880

• Alternative Use

  Use

  Valuation

  Residential

  $1,276,100

  Hospitality

  $1,168,901

  Educational

  $972,512

  Medical

  $1,005,958

  Retail

  $1,512,796

Location Insight

City

Glen Rock

County

York

State

Pennsylvania

Latitude

39.7934

Longitude

-76.7308

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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