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    205-209 George St York, PA 17401

    Sponsored
    For Sale
    $995,000

    Historic building, 26,514 SF, vacant

    Property size:
    26,514 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This historic three-story building, originally the Alcazar Ballroom, boasts 26,514 square feet of space in York, Pennsylvania's vibrant Central Business District (CBD). Built in 1900, it features grand, open spaces with high ceilings, a full commercial kitchen, and multiple bars. A balcony provides additional seating options. The property sits on a 0.28-acre lot at 205-209 S. George St., zip code 17401. Significant unfinished space on the third floor offers considerable expansion potential. The building is currently vacant and available for sale, lease, or build-to-suit. A liquor license is available for separate purchase. Its adaptable layout is ideal for various uses, including restaurants, bars, event spaces, music venues, brewpubs, or dinner theaters. The asking price is $995,000, with a price per square foot of $37.53. The property's rich history and prime location make it a compelling investment opportunity. Price is subject to the final condition of the property upon delivery.

    Property Features for 205-209 George St

    General Information

    Property type
    Restaurants
    Square Feet
    26,514 SF
    Lot Size
    12,197 SF

    Building Details

    Year Built
    1900
    Stories
    3

    HighLights

    • $995,000 asking price for this 26,514 square foot retail property.
    • Includes a full commercial kitchen.
    • Liquor license available for separate purchase.
    • Features grand, open spaces with high ceilings.
    • Offers additional unfinished space on the third floor for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.726139492029
    Latitude
    39.959510832996

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    FAQs

    What type of property is this?
    Restaurant - Historic building, 26,514 SF, vacant
    Where is this restaurant located?
    The property is located at 205-209 George St York, PA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: $995,000 asking price for this 26,514 square foot retail property.; Includes a full commercial kitchen.; Liquor license available for separate purchase.
    Request Owner's contact information
    205-209 George St York, PA 17401
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    York, PA 17401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205-209 George St York, PA 17401
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