7646 LANCASTER AVENUE Myerstown, PA 17067
Vacant restaurant property with a fully equipped commercial kitchen, multiple access points, and an upstairs rented apartment.
- Added:
- Jun 28, 2026
- Days on Market:
- 15
- Last Refresh:
- Jul 8 at 3:06 am
Property Features for 7646 LANCASTER AVENUE
General Information
- Standard status
- Active
- Size
- 4,960 SF
- Lot size
- 0.83 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1899
Listing office Coldwell Banker Realty (717) 222-4322
Listing date Jun 28, 2026
Source Cummingsrealtors
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.
Located at 7646 Lancaster Avenue in Myerstown, Pennsylvania, the property sits on a 0.83-acre lot and is described as being in an area with a high traffic count. Parking is available with a lot that offers at least 36 spaces. The listing notes that zoning supports many potential uses for an owner who wants to expand or establish a business, and a full list of permitted principal uses is available upon request.
For a buyer or operator, the kitchen infrastructure and on-site apartment can support a range of restaurant and food-service concepts, while the flexible access and sizable parking area help accommodate daily operations and customer arrivals. Because zoning-related details are available upon request, interested parties can review permitted uses before planning any buildout or operational changes.
Key Highlights
- Vacant commercial property built in 1899 with 4,900+ sq ft of space
- 0.83‑acre lot with a parking lot that offers at least 36 parking spaces
- Fully equipped commercial kitchen setup with multiple ovens, fryers, and a walk‑in cooler
Local Financial Insights For Industrial
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 | $43.8k | $8.83 |
| − Vacancy | −$2.5k | −$0.49 |
| EGI | $41.3k | $8.34 |
| − OpEx | −$12.4k | −$2.50 |
| NOI | $28.9k | $5.83 |
