Technical
Financial
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Property profile

100 Memory Ln York, PA 17402

FOR SALE
Turn key restaurants
Property ID
US73-2825077
4,133 SF 0.87 ac lot Built 1965
Entity Owned 5-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 4,133 SF
100 Memory Ln, York, PA 17402
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Property summary

AI-generated overview

This exceptional investment opportunity comprises three freestanding retail buildings totaling 4,133 square feet situated on a 0.94-acre lot in York, Pennsylvania. Located at 100 Memory Ln, York, PA 17402, these properties are zoned MU (Mixed Use) and boast ample parking, high visibility, and strong traffic counts. Previously licensed as cannabis dispensaries (licenses not included), each building has undergone recent renovations, making them immediately ready for occupancy. The versatile nature of these properties allows for a wide range of uses, including traditional retail storefronts or restaurants. Their prime locations and modern updates present a compelling opportunity for investors seeking a high-return portfolio in a thriving market. The sale does not include the previous cannabis dispensary licenses; however, the properties are compliant locations for future licensing applications or relocation of existing licenses. This is a rare chance to acquire a well-maintained, multi-use property portfolio in a desirable location. The properties are situated in York County, Pennsylvania, offering easy access to major transportation routes and a strong local economy. This portfolio presents a unique opportunity for both experienced and emerging investors.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Total area 4,133 SF
Lot 0.87 ac (37,984 SF)
Zoning code M-U
APN 46-000-02-0035.A0-00000
UPID US73-2825077

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

100 Memory Ln York, PA 17402
York metro Census 10210 YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.59M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.47M

Owner & transaction history

since 2021
Last sale
$1.5M
4 recorded transactions
2021
$1.5M
2021
$1.0M
2017
Price N/A
2013
Price N/A

Zoning & alternative use

M-U · York, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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