241 Railroad St Hanover, PA 17331
- Commercial land
- 0.23 lot acres
Current Use by Public Records
- Hanover Railside Family Diner / Family Restaurant / Restaurant
Property Details for 241 Railroad St
- Lot size
- 0.23 lot acres
- Zone code
- M
- Property type
- Commercial land
- APN
- 67-000-18-0230.B0-00000
- APU
- 67000180230B000000
Description
This thriving Hanover, PA restaurant presents a unique turnkey opportunity. The Hanover Railside Diner, situated on a 0.55-acre lot at the intersection of N Railroad/Eichelberger Street and North Street (three blocks north of Hanover Square), boasts 4,733 square feet of space. Established for over 12 years, this well-maintained diner operates Monday through Friday and comfortably seats 150+ patrons, with an additional banquet room accommodating 50. Ample parking is available with 50+ on-site spaces. The property includes a second-floor one-bedroom apartment. The sale includes all necessary equipment and furnishings for a seamless transition. Annual real estate taxes are approximately $13,400. The asking price is $795,000, translating to $167.97 per square foot. The property enjoys a prime location, neighboring the Eichelberger Professional Building, Guthrie Memorial Library, and UPMC-Mountainview, ensuring high visibility and accessibility to the entire town. This is an exceptional opportunity to acquire a profitable, established business in a desirable location.
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
- Hanover
- County
- York
- State
- Pennsylvania
- Longitude
- -76.9855
- Latitude
- 39.8046
- CBSA code
- 49620
- CBSA name
- YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
