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    2222 Main St East Petersburg, PA 17520

    Sponsored
    For Sale
    $325,000

    Turnkey Restaurant, Excellent Lease Terms

    Property size:
    2,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving family-style restaurant in East Petersburg, Pennsylvania presents a fantastic investment opportunity. Located at 2222 Main Street, Lancaster County, this 2,550 square foot free-standing building boasts approximately 100 seating capacity. The asking price is $325,000, translating to $127.45 per square foot. The property is a single-tenant retail space operating under a NNN lease. The current lease offers significant flexibility with four 5-year renewal options, providing long-term security for the buyer. The sale includes the established business and all fixtures, furniture, and equipment (FFE). The sale does not include the real estate itself. This is a turnkey operation situated in a desirable location, offering immediate income potential and the benefit of an existing customer base. The property is conveniently located in Lancaster County, Pennsylvania, with the precise address being 2222 Main Street, East Petersburg, PA 17520. This presents a rare chance to acquire a well-established restaurant with a proven track record and favorable lease terms. The restaurant's strong reputation and prime location make this an exceptional opportunity for a savvy investor seeking a profitable venture.

    Property Features for 2222 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    2,550 SF

    Building Details

    Buildings
    1

    HighLights

    • Free‑standing restaurant building in East Petersburg, PA.
    • Approximately 100‑seat capacity.
    • NNN lease with four 5‑year renewal options.
    • Desirable Lancaster County location at 2222 Main Street, East Petersburg, PA 17520.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    East Petersburg
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.3541395
    Latitude
    40.1068693

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, Excellent Lease Terms
    Where is this restaurant located?
    The property is located at 2222 Main St East Petersburg, PA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Free-standing restaurant building in East Petersburg, PA.; Approximately 100-seat capacity.; NNN lease with four 5-year renewal options.
    Request Owner's contact information
    2222 Main St East Petersburg, PA 17520
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    East Petersburg, PA 17520
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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
    2222 Main St East Petersburg, PA 17520
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