Property Details for 101 Market St

Year built

1745

Lot size

0.35 lot acres

Property size

4,788 SF

Property type

Turn key restaurants

APN

22-2374634-354814-0000

APU

2223746343548140000

Description

This exceptional turnkey restaurant opportunity presents a rare chance to acquire a thriving business in a prime location. Situated at 101 N Market Street in Schaefferstown, Pennsylvania, this historic building, constructed in 1745, boasts 8,200 square feet of space and sits on a 0.35-acre lot. The property includes a valuable liquor license, all restaurant equipment, existing inventory, and established goodwill, ensuring a smooth transition for the new owner. The restaurant comfortably seats over 160 patrons, with additional seating available outdoors and on a balcony. Recent renovations have meticulously restored the exterior and trim to their original condition, preserving the building's historical charm. Modern updates include new split heating and air conditioning units, an eight-year-old rubber roof, a 200-amp electrical service, propane domestic water heating, a whole-house propane generator, and upgraded oil heating. The original tavern room, complete with its original bar, adds to the property's unique character and historical significance. This well-maintained property benefits from its strategic location on State Routes 419 and 897, just blocks from Route 501, providing easy access to Lancaster, Lebanon, and Berks counties. Commuting times are approximately 14 minutes to Lebanon, 16 minutes to Lititz, 37 minutes to Lancaster, 38 minutes to Reading, and 31 minutes to Hershey. The combination of historical significance, modern amenities, and a strong existing business makes this a truly unique and compelling investment opportunity. The asking price is $799,000.

Location Insight

City

Schaefferstown

County

Lebanon

State

Pennsylvania

Longitude

-76.2939

Latitude

40.2982

CBSA code

30140

CBSA name

LEBANON, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments