106 Front St New Freedom, PA 17349
- Retail properties
- 9,068 SF
Current Use by Public Records
- Retail properties
Property Details for 106 Front St
- Year built
- 1883
- Property size
- 9,068 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This stunning four-story, 9,068 square foot building in New Freedom, Pennsylvania, presents a unique investment opportunity. Located in the Central Business District, directly across from the Heritage Rail Trail County Park, this property boasts a prime location with high foot traffic. Previously housing the Colonial Hotel & Restaurant and The Hodle Tavern, the building offers immense potential for adaptive reuse. The first floor features existing bar and dining areas, a pool table, and an outdoor patio, ideal for a restaurant or similar venture. The upper two floors currently include a spacious three-bedroom, two-bathroom residential unit, with potential to create three or four additional units, generating significant rental income. Recent updates include a newer roof and windows. The property includes 16 parking spaces and sits on a 9,309 square foot lot. Zoned for commercial use, this 1883 building offers 9,068 square feet of net rentable space. Utilities are separated for the upper floors, and the commercial space features central air. This value-add property is listed at $430,000 and is currently vacant. The thriving local area, including nearby Seven Sports Bar & Grille and local breweries, ensures a strong potential for success. This historic landmark is ready for a new chapter, offering a blend of commercial and residential potential in a vibrant Pennsylvania town.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Freedom
- County
- York
- State
- Pennsylvania
- Longitude
- -76.7011
- Latitude
- 39.7402
