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    OFF-MARKET
    Retail properties & Spaces

    0 2Nd St, Lancaster, PA 17603

    3,800 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity in Lancaster, Pennsylvania, presents a rare chance to acquire a thriving Asian cuisine establishment. Located on 2nd Street in Lancaster County, this single-story, 3,800 square foot free-standing building is situated in a prime location near significant retail and office developments, ensuring high visibility and foot traffic. The asking price is $625,000, translating to $164.47 per square foot. The sale includes the business, all fixtures, furniture, and equipment (FFE), and importantly, a valuable liquor license. The property operates under a triple net (NNN) lease, with a long-term lease available, minimizing landlord responsibilities. The building is in excellent condition and zoned for commercial use. This is an owner/user investment opportunity, ideal for an experienced restaurateur looking to acquire an established and profitable business with significant upside potential. The property is a single-tenancy building, offering complete control and operational flexibility. This is a truly unique opportunity to step into a successful, established business with a proven track record and a prime location in a thriving area. The sale presents a complete package, eliminating the need for extensive setup and allowing for immediate operation. Don't miss this chance to own a thriving restaurant with a valuable liquor license in a desirable Lancaster location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 3,800 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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