For Sale
1 / 16
Property summary
This exceptional turnkey restaurant opportunity presents a rare chance to acquire a well-established Lancaster Village business, operating successfully for over 11 years. The 4,095 square foot building sits on a 0.4-acre lot and is priced at $1,800,000. Extensive renovations within the last five years have resulted in a completely modernized property. Improvements include a new tear-off arch roof, furnace, five AC units, two hot water tanks, and a maintenance-free exterior. The property also boasts an 8-foot privacy fence, a new front entrance door, and attractive perimeter gardens surrounding the parking lot, which includes additional patio seating. Inside, the restaurant features a state-of-the-art sound system, eight televisions, and a completely remodeled bar with leathered granite countertops. Both bathrooms have been updated, and the kitchen is equipped with an automatic glass washer, a glass freezer, and ample walk-in coolers and freezers. The chef's prep area even includes its own air conditioning. A unique feature is a second-story loft area perfect for private events, complete with a small rooftop garden. High-end kitchen equipment includes a brick oven for pizza and a 20,000-dollar dough mixer imported from Italy. The property offers parking for 30 vehicles, and long-standing neighborhood compliance allows for overflow parking, a significant advantage for this one-of-a-kind neighborhood restaurant. Financial records are available upon request, showcasing the strong profitability of this established business.
Property profile
VerifiedCap rate & NOI
Current use
-
Bar & Pub Restaurant
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lancaster market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.