Historic Mixed-Use Building with
125 N George Street York, PA 17401
125 N George Street, York, PA, 17401
$1,290,000
For Sale
$1,290,000
Fully leased mixed-use property with four residential units and a ground-floor bar/restaurant space.
Property Size12,500 SF
Price / SF$103.20
Days on Market106
Property Features for 125 N George Street
General Information
- Standard status
- Active
- Size
- 12,500 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1912
Listing agency
Coldwell Banker Realty
(717) 434-2158
Listed by
Jessica Pare
(717) 434-2158
Source
Xome
Added: Apr 7 Updated: Jul 21 at 1:09PM Checked: Jul 21 at 1:09PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This fully leased historic mixed-use building combines four residential units with one ground-floor commercial retail/restaurant space. The residential layout includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, with existing lease terms noted in the annual rent roll. The commercial component is fully renovated and operating as a turnkey bar, supported by an active Certificate of Occupancy and “Brew Pub” zoning.
The building has undergone an extensive renovation, including upgraded electrical systems and panels with LED lighting throughout, upgraded plumbing, and upgraded HVAC. Additional improvements include new kitchens with stainless steel appliances, new bathrooms, and commercial-grade LVP 20-mil flooring for the residential areas. The bar/restaurant space received new bar tap and refrigeration systems, plumbing and drain line updates, a custom walk-in cooler under the bar, a glycol system, deep freeze freezers, and a new commercial smokeless oven system.
Commercial finishes and systems have also been refreshed with new floors, paint, decor, and a dedicated commercial bathroom in the retail space. The property is located in downtown York on “Restaurant Row.”
The building has undergone an extensive renovation, including upgraded electrical systems and panels with LED lighting throughout, upgraded plumbing, and upgraded HVAC. Additional improvements include new kitchens with stainless steel appliances, new bathrooms, and commercial-grade LVP 20-mil flooring for the residential areas. The bar/restaurant space received new bar tap and refrigeration systems, plumbing and drain line updates, a custom walk-in cooler under the bar, a glycol system, deep freeze freezers, and a new commercial smokeless oven system.
Commercial finishes and systems have also been refreshed with new floors, paint, decor, and a dedicated commercial bathroom in the retail space. The property is located in downtown York on “Restaurant Row.”
Key Highlights
- Fully leased mixed‑use building with 4 residential units and 1 ground‑floor commercial retail/restaurant space
- Annual rent roll of $139,200 with rolling 12‑month expenses of $42,962 for NOI of $96,238
- Historic 1912 building in Downtown York on “Restaurant Row” with a corner lot and on‑street parking
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.5k | $17.64 |
| − Vacancy | −$11.0k | −$0.88 |
| EGI | $209.5k | $16.76 |
| − OpEx | −$94.3k | −$7.54 |
| NOI | $115.2k | $9.22 |
12,500 SF · lease $17.64/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Mixed Use
$1.85M
$1.62M – $2.16M
NOI $129,375 @ 7.0% cap · market cap 10.03%
Second Best
Multifamily LT 5
$1.77M
$1.55M – $2.07M
NOI $124,031 @ 7.0% cap · market cap 9.61%
Theoretical Best
Office A
$3.62M
$3.17M – $4.22M
NOI $253,343 @ 7.0% cap · market cap 19.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
George Street Brewing ...
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use property with four residential units and a ground-floor bar/restaurant space.
Where is this mixed-use property located?
The property is located at 125 N George Street York, PA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Fully leased mixed‑use building with 4 residential units and 1 ground‑floor commercial retail/restaurant space; Annual rent roll of $139,200 with rolling 12‑month expenses of $42,962 for NOI of $96,238; Historic 1912 building in Downtown York on “Restaurant Row” with a corner lot and on‑street parking
