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Freestanding Restaurant Buildings

701 Martha Ave, Lancaster, PA 17601

For Lease
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Two separate structures are available, with conceptual plans showing dining, bar, and private-room layouts.

Space Size7,245 SF
Days on Market9

Property Features for 701 Martha Ave

General Information

Standard status Active
Size 7,245 SF
Net Rentable 5,100 SF
Property subtype Retail, Restaurant

Additional Details

Available Space 5,100-7,290 SF
Road Access Yes

Building Details

Construction brick

Spaces For Lease

at 701 Martha Ave Contact us

A Active

Size 7,245 SF
Contact us

C Active

Contact us
Listing Agency: Bennett Williams Commercial
Listed By: Chad Stine · License PA RS223285L
Source: Crexi
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 10 at 8:23AM

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 Bennett Williams Commercial

Rey
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Investment Insights

Based on property information with market context.

Two freestanding buildings are offered for lease at the redeveloped Stehli Silk Mill property: the former Boiler Plant and Mill 21. Conceptual layouts depict restaurant and brewery configurations with dining areas, bar seating, private dining rooms, and outdoor patio space. Historic brick construction, large windows, and industrial details distinguish the buildings; site improvements and on-site parking are also noted.

The property is on Martha Avenue in Lancaster, near Lancaster City, residential neighborhoods, and established retail corridors. Nearby shopping destinations include Park City Mall, Shoppes at Belmont, and Red Rose Commons. The two buildings offer different space configurations within the same mill property.

Key Highlights

  • Former Boiler Plant building: ±5,100 SF
  • Mill 21 building: ±6,815–7,290 SF
  • Conceptual layouts include dining, bar seating, private dining rooms, and an outdoor patio

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Breweries

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Auto Parts Store Storage Facility Dental Office

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

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,416
Businesses Nearby
Under-served
Demand for This Use

Demographics for 17601, PA

55,710
Population
23,126
Households
2.4
Avg Household Size
43
Median Age
48%
College-Educated
94%
High-School Grad
33.5 sq mi
ZIP Area
1,663
Density / Sq Mi
$96,433
Median Household Income
$50,358
Median Earnings
$1,477
Median Rent
$324,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Restaurants in Lancaster County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • Jerry's American Catering Co. — 347 N Plum St, Lancaster, PA 17602
  • Twisted Spoon — 221 E Frederick St, Lancaster, PA 17602
  • Upohar World Kitchen — 800 New Holland Ave Rear, Lancaster, PA 17602
  • Cracked Pepper Catering — 341 E Liberty St, Lancaster, PA 17602
  • Distinctive Affairs Catering — 1040 new holland ave, lancaster, pa 17601

Frequently Asked Questions

What type of property is this?
Restaurant - Two separate structures are available, with conceptual plans showing dining, bar, and private-room layouts.
Where is this restaurant located?
The property is located at 701 Martha Ave Lancaster, PA.
What are key features of this property?
This property features: Former Boiler Plant building: ±5,100 SF; Mill 21 building: ±6,815–7,290 SF; Conceptual layouts include dining, bar seating, private dining rooms, and an outdoor patio
(717) 968-7505 Call to check price and availability
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