220 Philadelphia StYork, PA 17401

Property Details for 220 Philadelphia St

Year built

1900

Lot size

0.23 AC

Property size (Sq ft)

12,332 SF

Zone code

CM

Property type

Retail properties

Property subtype

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.

• CAP approach

  CAP return

  Valuation

  6%

  $3,642,801

  6.5%

  $3,362,586

  7%

  $3,122,401

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,011,944

  Geo Method

  $1,955,031

• Alternative Use

  Use

  Valuation

  Residential

  $2,836,467

  Hospitality

  $2,598,188

  Educational

  $2,161,662

  Medical

  $2,236,005

  Retail

  $3,362,586

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.9621

Longitude

-76.7334

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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