Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Confidential
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a thriving, established cafe in Lancaster, Pennsylvania. Priced at $595,000, this 1,450 square foot restaurant boasts a strong, loyal customer base and a triple-net (NNN) lease with 10 years remaining. The property is currently 100% occupied, offering immediate cash flow and a secure investment. The cafe operates within a multi-tenant building, sharing the property with two additional tenants. Annual property taxes are $8,549. The attractive price-per-square-foot of $410.34 reflects the strong value proposition of this turnkey operation. Utilities are the responsibility of the tenants, minimizing operational expenses for the owner. This is an ideal opportunity for an investor seeking a stable, high-performing asset in a desirable location. The confidential address in Lancaster, PA 17603 provides a prime location within the Lancaster County market. This well-established cafe offers a proven business model and significant potential for continued growth and profitability. The sale includes the established business and the underlying real estate, providing a comprehensive and lucrative investment package. Don't miss this chance to acquire a highly profitable and stable commercial property.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.329
- Latitude
- 40.0145
