220 Philadelphia St York, PA 17401
- Retail space
- 12,332 SF
- 0.23 lot acres
Current Use by Public Records
- The Loft York / Photography Studio
- Water Way Bar & Grill / Bar & Grill
Property Details for 220 Philadelphia St
- Year built
- 1900
- Lot size
- 0.23 lot acres
- Property size
- 12,332 SF
- Zone code
- CM
- Property type
- Retail space
- APN
- 05-080-03-0036.A0-00000
- APU
- 05080030036A000000
Description
This exceptional restaurant and bar space, totaling over 10,000 square feet, is ideally situated in York, PA's vibrant WeCo District, directly on Philadelphia Street at the Corodus Creek Boat Basin. The property boasts a desirable "R" liquor license (transferable, but not required), offering significant flexibility for prospective operators. The two-story building features a versatile layout, including existing furniture, fixtures, and equipment such as a fully functional hood system with fire suppression, two walk-in coolers, and an inviting outdoor patio complete with a covered dry bar. A dedicated private event space with a smaller service bar and multiple dining areas cater to diverse needs. The first floor offers a spacious, open floor plan, allowing for customized bar and dining room configurations. Ample back-of-house storage and office space are also included. This location benefits from its proximity to the Susquehanna Commerce Center, a significant office campus, and is within walking distance of Central Market, The Appell Center for Performing Arts, and WellSpan Park. The property is zoned for Central Business District use with a HARB overlay. Lease rates are $7,000 per month NNN with the liquor license and $3,500 per month NNN without. A $100,000 tenant improvement allowance is available for qualified tenants. The APN is 05-080-03-0036-A0-00000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $230,000
- 6.5%
- $230,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $205,000
- Mixed-Use
- $255,000
- Hospitality
- $230,000
- Educational
- $215,000
- Residential Income
- $190,000
- Energy
- $260,000
- Income-Based Land
- $220,000
- Food Service
- $195,000
Location Insight
- Map
- Local Demand
- City
- York
- County
- York
- State
- Pennsylvania
- Longitude
- -76.7334
- Latitude
- 39.9621
- CBSA code
- 49620
- CBSA name
- YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
