14 Main St Glen Rock, PA 17327-1112
- Turn key restaurants
- 6,736 SF
- 0.14 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 14 Main St
- Year built
- 1920
- Lot size
- 0.14 lot acres
- Property size
- 6,736 SF
- Zone code
- RS
- Property type
- Turn key restaurants
- APN
- 64-000-03-0024.00-00000
- APU
- 640000300240000000
Description
This exceptional commercial property, located at 14-16 Main St in Glen Rock, Pennsylvania (zip code 17327), presents a prime investment opportunity. The 5,998 square foot building is zoned COMMERCIAL and sits on a 0.14-acre lot. Currently configured as a fully equipped restaurant, it boasts seating for 70 patrons and features an open kitchen and spacious dining area. The asking price is $399,000, translating to a price per square foot of $66.52. This established restaurant offers immediate income potential for a savvy investor. The property's prime location on Main Street in Glen Rock provides excellent visibility and accessibility. Potential buyers are encouraged to independently verify permitted uses with the Glen Rock Borough to explore further development or operational possibilities. This turnkey operation is ready for a new owner to step in and capitalize on its existing success or to reimagine its potential. The property's size and location make it an attractive investment for both experienced restaurateurs and those seeking a profitable commercial venture. Don't miss this chance to acquire a well-established business in a thriving Pennsylvania community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $155,000
- 6.5%
- $175,000
- 7%
- $175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $175,000
- Retail
- $130,000
- Mixed-Use
- $145,000
- Hospitality
- $140,000
- Educational
- $170,000
- Residential Income
- $135,000
- Energy
- $155,000
- Income-Based Land
- $150,000
- Food Service
- $145,000
Location Insight
- Map
- Local Demand
- City
- Glen Rock
- County
- York
- State
- Pennsylvania
- Longitude
- -76.7308
- Latitude
- 39.7934
- CBSA code
- 49620
- CBSA name
- YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA