Property profile

205-209 George St York, PA 17401

OFF-MARKET
Retail properties & Spaces
26,514 SF 0.28 ac lot Built 1900
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1900
Total area 26,514 SF
Lot 0.28 ac (12,197 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

205-209 George St York, PA 17401
York metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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