124 Main St, Ephrata, PA 17522-2773
- Office Spaces
- 73,074 SF
- 0.30 lot acres
Current Use by Public Records
- Ephrata Theatres / Theater & Performing Art Venue
- Northern Lancaster County Chamber of Commerce / Business Service Center / Advocacy Group
- FedEx Drop Box / Postal Service / Courier Service
- Brossman Business Complex / Business Service Center / Corporate Office
Property Details for 124 Main St
- Year built
- 1993
- Construction
- BRICK
- Lot size
- 0.30 lot acres
- Zone code
- CB
- Property type
- Office Spaces
- APN
- 260-60091-0-0000
- APU
- 2606009100000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 24, 2022 | $3,500,000 | Brossman Center LLC | Windstream D&e LLC | Deed | $4M · Acnb Bank |
| Jan 24, 2022 | — | Windstream D&e INC | Denver & Ephrata Telephone & Telegr | Correction Deed · related | — |
Description
This exceptional restaurant opportunity is located at 124 East Main Street in Ephrata, Pennsylvania, within the vibrant Brossman Business Center. Boasting approximately 5,000 square feet of usable space, this single-tenant property offers a fully equipped restaurant, bar area, spacious kitchen, ample common area seating, and restrooms. Floor-to-ceiling windows provide breathtaking views, enhancing the dining experience. The property also includes an on-site event venue, presenting a unique opportunity to generate additional revenue through catering and hosting events. Benefit from excellent visibility to over 14,000 vehicles daily, a built-in customer base from neighboring offices and Airbnbs, and convenient free parking for staff and guests in the Brossman lots and on the street. The monthly rent of $5,000 includes real estate taxes, property insurance, common area maintenance (CAM), and existing furniture, fixtures, and equipment (FF&E). Tenant responsibilities include electricity, gas, water/sewer, and the maintenance/repair of kitchen equipment and FF&E. The landlord is willing to acquire a liquor license if desired by the tenant. This is a turnkey operation in a high-traffic area with significant potential for success. Further details are available in a brochure.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,287,000
- AI Estimate
- $4,616,000
Market price range: $9.29M - $28.7MMarket price range: $4.62M - $12.4M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ephrata
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.1749
- Latitude
- 40.1773
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
