Building Details

Year Built 2013

Listing Agency: Hostetter Realty LLC g***@hostetterrealty.com Show Phone

Listed By: Alexander K Reedy · License #RS295533 Show Phone

Source: Cummingsrealtors

Added: Oct 21 Changed: Oct 25 Last Checked: Oct 24 at 6:30PM

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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 Hostetter Realty LLC

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Investment Insights

Based on property information with market context.

Located within the Best Western Hotel, this restaurant includes a commercial kitchen with two TurboChef ovens, a six-burner gas range with oven, two refrigerators, an 11-by-7-foot walk-in cooler, and a 9-by-5-foot walk-in freezer. The dining room features exposed beams, a gas fireplace, bar seating, and a direct connection to an outdoor patio. The building dates to 2013.

Two parking lots serve the property, with spaces directly outside the restaurant entrance. The restaurant is in Intercourse, Pennsylvania, within Lancaster County, a destination that receives an estimated 500,000 visitors annually.

Key Highlights

• Restaurant space inside the Best Western Hotel
• Commercial kitchen includes two TurboChef ovens and a six‑burner gas range with oven
• Two refrigerators, an 11'X7' walk‑in cooler, and a 9'X5' walk‑in freezer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$18,752

Suggested Prices Based on Cap Rates

Cap Rate 5%

$375,040 $375.0K

Cap Rate 7%

$267,886 $267.9K

Cap Rate 9%

$208,356 $208.4K

What to ask about pricing

Market Conditions

NOI Build-Up for 3,367 SF

Gross rent

$29.0K $8.62/SF

− Vacancy

−$2.2K −$0.66/SF

EGI

$26.8K $7.96/SF

− OpEx

−$8.0K −$2.39/SF

NOI

$18.8K $5.57/SF

Area

Lancaster County, PA

Vacancy

7.70%

Lease Rate

$8.62 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$375,040

Cap Rate 7%

$267,886

Cap Rate 9%

$208,356

Alternative Uses

Best Use

Specialty Retail

$877.4K

$767.7K – $1.02M (±1% cap)

NOI $61,418 @ 7.0% cap · market cap 1,822.49%

Second Best

Industrial

$267.9K

$234.4K – $312.5K (±1% cap)

NOI $18,752 @ 7.0% cap · market cap 556.44%

Theoretical Best

Office A

$1.13M

$987.3K – $1.32M (±1% cap)

NOI $78,981 @ 7.0% cap · market cap 2,343.65%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Plumbing Service Pharmacy Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

299

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 17534, PA

116

Population

17

Households

6.8

Avg Household Size

51

Median Age

0.3 sq mi

ZIP Area

387

Density / Sq Mi

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Conventional restaurant - A fitted commercial kitchen and dining room are part of this restaurant inside the Best Western Hotel.

Where is this conventional restaurant located?

The property is located at 3610 E NEWPORT ROAD Intercourse, PA.

What are key features of this property?

This property features: Restaurant space inside the Best Western Hotel; Commercial kitchen includes two TurboChef ovens and a six‑burner gas range with oven; Two refrigerators, an 11'X7' walk‑in cooler, and a 9'X5' walk‑in freezer