Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Freestanding Restaurant with Drive-Thru Title is generated by Realmo AI

    800 LITITZ PIKE, Lititz, PA 17543

    View on Map
    Claim this Listing
    For Sale
    $1,950,000

    Restaurant with drive-thru, indoor/outdoor seating, and ample parking.

    Type:Commercial/Industrial
    Lot size:
    2.30 Acres
    Added:
    Jan 12, 2024
    Days on Market:
    869
    Last Refresh:
    May 20 at 1:37 am

    Property Features for 800 LITITZ PIKE

    General Information

    Standard status
    Active
    Lot size
    2.30 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1988

    We can help!

    Listing Contact
    Dan Berger JR.

    Listing agent Dan Berger JR.

    Listing office U.S. Commercial Realty

    Listing date Jan 12, 2024

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of U.S. Commercial Realty

    HighLights

    • Freestanding restaurant property with drive‑thru.
    • High profile location in Lititz.
    • Indoor and outdoor seating for 200+.
    • On‑site parking for 120+.
    • Includes real estate, furniture, fixtures, and equipment.
    • Bar area and two outdoor patios.

    Overview

    This is a freestanding restaurant property with a drive-thru, situated in a high-profile location in Lititz. The property features both indoor and outdoor seating, accommodating over 200 patrons. It includes a traditional dining room, a bar area, and two outdoor patios. On-site parking is available for 120+ vehicles. The listing encompasses the real estate and all furniture, fixtures, and equipment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lititz
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.303167
    Latitude
    40.139129

    Nearby Similar for Sale

    • $1,745,000
      3,200 SF

      Luxury Residence in Lititz, PA

      Exceptional 3,200 sq ft residence with high-end finishes.
      #48 MEADOWBREEZE Lane, LITITZ, PA 17543
      View Details
    • $2,400,000
      9,200 SF

      Lititz Office/Retail Building For Sale

      9,200 SF office building on 0.96 acres in Lititz, PA.
      743 S BROAD Street, LITITZ, PA 17543
      View Details
    • $995,000
      13,000 SF

      Retail Building Near Lititz Springs

      Freestanding retail building suitable for various commercial uses.
      105 Warwick St, Lititz, PA
      View Details
    • $2,100,000

      Medical Office Building in Lititz

      7,501 SF medical office building for sale or lease.
      640 E OREGON Road, LITITZ, PA 17543
      View Details
    • $2,100,000
      7,501 SF

      Medical Office Building For Sale

      Medical office building with suites available for sale or lease.
      640 E OREGON ROAD, LITITZ, PA 17543
      View Details
    • $1,150,000
      6,800 SF

      Lititz Commercial Property on Route 501

      High-visibility commercial property in Lititz, PA with income potential.
      929 Lititz Pike, Lititz, PA 17543
      View Details
    • $995,000
      13,000 SF

      Prime Commercial Property in Lititz

      Commercial property in Lititz Run Revitalization District, high foot traffic.
      105 Warwick St, Lititz, PA 17543
      View Details
    • $250,000

      Established Rita's Franchise For Sale

      Long-standing Rita's franchise in Giant-anchored Lititz shopping center.
      46 Peters Rd, Lititz, PA
      View Details
    • $229,900

      Land For Sale in Lititz

      Land available in Lititz, Pennsylvania.
      HONEY FARM Road lot: 35, LITITZ, PA 17543
      View Details
    • $229,900

      Land in Lititz, Pennsylvania

      Land available in Lititz, PA.
      BENT CREEK Drive lot: 12, LITITZ, PA 17543
      View Details
    • $229,900

      Land For Sale in Lititz

      Land available for sale in Lititz, Lancaster County, Pennsylvania.
      HONEY FARM Road lot: 34, LITITZ, PA 17543
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Restaurant with drive-thru, indoor/outdoor seating, and ample parking.
    Where is this drive through restaurant located?
    The property is located at 800 LITITZ PIKE Lititz, PA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Freestanding restaurant property with drive‑thru.; High profile location in Lititz.; Indoor and outdoor seating for 200+.
    (717) 735-6000
    We can help!
    Listing Contact
    Dan Berger JR.
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    800 LITITZ PIKE, LITITZ, PA 17543
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!