301 Main StEphrata, PA 17522

Property Details for 301 Main St

Year built

1777

Construction

FRAME

Lot size

0.32 AC

Property size (Sq ft)

6,206 SF

Zone code

RHD

Property type

Motels

APN

260-78018-0-0000

APU

2607801800000

Description

Exceptional investment opportunity in Ephrata, PA! This mixed-use property, totaling 8,196 square feet, comprises a historic inn, a detached cottage, and a Black Forest-style brewery. Built in 1777, this landmark building boasts a rich history as a stagecoach stop, restaurant, and hotel. Currently operating as the 1777 Americana Inn, it features a separate owner's apartment and multiple outdoor patios. The detached cottage offers 5 guest rooms. The brewery, with seating for 70 (50 indoor, 20 outdoor), presents significant potential for a new business venture or expansion of the existing operation. The property sits on a 0.46-acre lot and includes a separate 0.14-acre parking lot with 16 spaces. Located in the heart of Ephrata's historic village, this property benefits from high foot traffic and proximity to community events. The HDR zoning (with a granted variance for the brewery) allows for a variety of uses. The property features central heating and air conditioning, a stone foundation, shingle roof, and a mix of flooring materials (tile/brick, wood, carpet, vinyl). Public sewer and water are available. Annual property taxes are $20,758 (2024). This unique property offers a blend of historical charm, established business potential, and strong long-term rental prospects. Don't miss this chance to own a piece of Ephrata's history!

• CAP approach

  CAP return

  Valuation

  6%

  $1,088,010

  6.5%

  $1,004,317

  7%

  $932,580

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,118,302

  Geo Method

  $1,905,558

• Alternative Use

  Use

  Valuation

  Residential

  $1,096,423

  Hospitality

  $1,004,317

  Educational

  $835,580

  Medical

  $864,317

  Retail

  $1,299,791

Location Insight

City

Ephrata

County

Lancaster

State

Pennsylvania

Latitude

40.1814

Longitude

-76.1813

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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