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    Lancaster, PA
    Conventional Restaurant

    Lancaster, PA Conventional Restaurants for Sale

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    Mixed-Use Investment Opportunity in Lancaster
    Updated: May 10
    Mixed-Use Investment Opportunity in Lancaster

    352 E NEW Street, Lancaster, PA 17602

    $675,000
    4,392 sqft 0.07 AC lot
    Mixed‑use property featuring apartments, a laundromat, and a restaurant.
    Turnkey asset with strong income potential.
    Operating laundromat with 14 commercial washers and dryers and ADA bathroom.
    Fully equipped restaurant with stainless steel equipment.
    Apartment units with potential for rent increases.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    352 E NEW Street, LANCASTER, PA 17602

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $55K
      Annual

    • Mortgage

      $200K
      Sep 2016

    • Last Sold

      Sep 2016
      $295K

    • Property Type

      Laundromat (Self-Service)
      Built 1900
    View Property Analytics
    Turnkey Restaurant and Bar
    Updated: Jul 25
    Turnkey Restaurant and Bar

    551 W King St, Lancaster, PA 17603

    $1,900,000
    11,000 sqft
    Well‑known restaurant and bar on high‑traffic West King Street in downtown Lancaster
    Recently renovated and remodeled space with New American menu and strong bar program (24 beers on tap)
    Business includes live entertainment and an additional revenue stream from a residential apartment
    Sale includes one residential apartment plus an extra parking lot parcel at 619‑621 Marietta Ave (Parcel ID 335‑70501‑0‑0000)
    Includes an R liquor license
    View details
    Turnkey Restaurant and Bar with Apartment
    Turnkey Restaurant and Bar with Apartment

    551 W King Street, Lancaster, PA 17603

    $1,900,000
    8,044 sqft

    Recently renovated restaurant and bar with a strong tap selection, plus an included residential apartment and liquor license.

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    Turnkey Downtown Restaurant Space
    Turnkey Downtown Restaurant Space

    58 N PRINCE STREET, Lancaster, PA 17603

    $72,600
    2,420 sqft

    Turnkey restaurant includes first-floor dining plus basement storage and support areas.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Restaurant and Short-Term Rental Property
    Restaurant and Short-Term Rental Property

    5-7 North Duke Street, Lancaster, PA 17602

    Contact for pricing
    7,938 sqft

    Operating restaurant with approved Air BNB use in a CB1 district near Penn Square and the county courthouse.

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    Restaurant Property with Acre Lot
    Restaurant Property with Acre Lot

    1521 OREGON PIKE, Lancaster, PA 17601

    Contact for pricing

    3,554 SF restaurant on an approximately one-acre site, with FF&E included in the sale.

    View details
    Family Restaurant Business Opportunity
    Family Restaurant Business Opportunity

    2222 Main Street, Lancaster County, Lancaster, PA 17520

    Contact for pricing
    2,550 sqft

    Reputable family restaurant for sale in a good location.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Lancaster, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Retail Center
    Three-Unit Retail Center

    720-740 E Main St, Mount Joy, PA 17552

    Contact for pricing
    4.00 AC lot

    Well-maintained three-unit retail center with on-site parking and two long-term leased tenants.

    View details
    Established Restaurant Business for Sale
    Established Restaurant Business for Sale

    201 Hellam St, Wrightsville, PA

    Contact for pricing
    2,184 sqft 0.18 AC lot

    Profitable restaurant business with loyal customer base and equipment.

    View details
    Riverfront Bar & Restaurant with Apartments
    Riverfront Bar & Restaurant with Apartments

    601 South Front Street, Wrightsville, PA 17368

    Contact for pricing

    Tap room and restaurant space with added apartment rental income, one block off the Susquehanna River shores.

    View details
    Mixed-Use Fitness and Retail Property
    Mixed-Use Fitness and Retail Property

    726 W. Main Street & 126 S. Market Street, Mount Joy, PA 17552

    Contact for pricing

    Mixed-use property with a fitness center, retail/restaurant space, and three apartments, plus ample off-street parking.

    View details

    Lancaster, PA Conventional Restaurants Market Trends and Statistics

    Explore 7 conventional restaurants for sale in Lancaster, PA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 36,344 square feet of properties for sale, with an estimated market value of $4,547,600.

    Sale prices for conventional restaurants in Lancaster, PA start at $72,600, averaging $1,136,900, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 13
    Bars & Pubs 9
    Drive through restaurants 6
    Coffee shops 4
    Commercial kitchens 1

    Demographics Overview

    Population 175K
    Population Growth (5Y) +4.0%
    Median Household Income $81,785
    College Educated 18.8%

    High-Yield Neighborhoods for Investment

    Identify Lancaster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    17602 $660.8K
    17603 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.75%
    Property Tax per SF $25.11 per SF
    Tax Rate vs County Average 0.37 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lancaster County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lancaster fall within the 100,000+ square foot range.

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    Popular Searches in Lancaster, PA

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    Most Searched ZIP Codes in Lancaster, PA

    • 17603
    • 17602
    • 17520
    • 17601

    Featured Lancaster Real Estate Agencies

    Realmo connects you with licensed Lancaster CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RE/MAX Associates of Lancaster
    500 Delp Road Lancaster, PA 17601
    Phone: 17175692222
    www.LancasterRMX.com
    Berkshire Hathaway HomeServices Homesale Realty
    215 S. Centerville Road Lancaster, PA 17603
    Phone: 17172869913
    www.homesale.com
    Lusk & Associates
    100 Foxshire Drive Lancaster, PA 17601
    Phone: 17172919101
    www.luskandassociates.com

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