Property profile

220 Philadelphia St York, PA 17401

OFF-MARKET
Retail space
Property ID
US73-5568545
12,332 SF 0.23 ac lot Built 1900
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional restaurant and bar space, totaling over 10,000 square feet, is ideally situated in York, PA's vibrant WeCo District, directly on Philadelphia Street at the Corodus Creek Boat Basin. The property boasts a desirable "R" liquor license (transferable, but not required), offering significant flexibility for prospective operators. The two-story building features a versatile layout, including existing furniture, fixtures, and equipment such as a fully functional hood system with fire suppression, two walk-in coolers, and an inviting outdoor patio complete with a covered dry bar. A dedicated private event space with a smaller service bar and multiple dining areas cater to diverse needs. The first floor offers a spacious, open floor plan, allowing for customized bar and dining room configurations. Ample back-of-house storage and office space are also included. This location benefits from its proximity to the Susquehanna Commerce Center, a significant office campus, and is within walking distance of Central Market, The Appell Center for Performing Arts, and WellSpan Park. The property is zoned for Central Business District use with a HARB overlay. Lease rates are $7,000 per month NNN with the liquor license and $3,500 per month NNN without. A $100,000 tenant improvement allowance is available for qualified tenants. The APN is 05-080-03-0036-A0-00000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 12,332 SF
Lot 0.23 ac (10,149 SF)
Zoning code CM
APN 05-080-03-0036.A0-00000
UPID US73-5568545

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Photography Service
  • Bar & Pub Restaurant

Location

220 Philadelphia St York, PA 17401-2940
York metro Census 1600 YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2023
Last sale
$250,000
3 recorded transactions
2023
$250,000
2005
Price N/A
2005
Price N/A

Zoning & alternative use

CM · York, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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