301 Main St Ephrata, PA 17522
- Motels
- 6,206 SF
- 0.32 lot acres
Current Use by Public Records
- Black Forest Brewery / Restaurant / Bar
- 1777 Americana Inn Bed & Breakfast / Brewery / Lodge
Property Details for 301 Main St
- Year built
- 1777
- Construction
- FRAME
- Lot size
- 0.32 lot acres
- Property size
- 6,206 SF
- Zone code
- RHD
- Property type
- Motels
- APN
- 260-78018-0-0000
- APU
- 2607801800000
Description
Exceptional investment opportunity in Ephrata, PA! This mixed-use property, totaling 8,196 square feet, comprises a historic inn, a detached cottage, and a Black Forest-style brewery. Built in 1777, this landmark building boasts a rich history as a stagecoach stop, restaurant, and hotel. Currently operating as the 1777 Americana Inn, it features a separate owner's apartment and multiple outdoor patios. The detached cottage offers 5 guest rooms. The brewery, with seating for 70 (50 indoor, 20 outdoor), presents significant potential for a new business venture or expansion of the existing operation. The property sits on a 0.46-acre lot and includes a separate 0.14-acre parking lot with 16 spaces. Located in the heart of Ephrata's historic village, this property benefits from high foot traffic and proximity to community events. The HDR zoning (with a granted variance for the brewery) allows for a variety of uses. The property features central heating and air conditioning, a stone foundation, shingle roof, and a mix of flooring materials (tile/brick, wood, carpet, vinyl). Public sewer and water are available. Annual property taxes are $20,758 (2024). This unique property offers a blend of historical charm, established business potential, and strong long-term rental prospects. Don't miss this chance to own a piece of Ephrata's history!
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $560,000
- 6.5%
- $630,000
- 7%
- $650,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $665,000
- Geo Method
- $690,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $630,000
- Retail
- $705,000
- Mixed-Use
- $665,000
- Hospitality
- $705,000
- Educational
- $730,000
- Residential Income
- $660,000
- Energy
- $545,000
- Income-Based Land
- $610,000
- Food Service
- $730,000
Location Insight
- Map
- Local Demand
- City
- Ephrata
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.1813
- Latitude
- 40.1814
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
