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Property profile & analytics
OFF-MARKET
Turn key restaurants

1521 Oregon Pike Lancaster, PA 17601-4333

3,554 SF 1.05 ac lot Built 1983
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-5744760
Property summary
AI-generated overview

This 3,554 square-foot freestanding building, formerly a Friendly's restaurant, is available for lease. Situated on a 1.05-acre lot in Lancaster, Pennsylvania, it enjoys a high-traffic location on Oregon Pike, a major north-south corridor providing easy access to Lititz Pike and Route 30. The property benefits from its position within a strong retail area, surrounded by established businesses including Giant, Planet Fitness, AutoZone, Primanti Bros., and Monro Auto. The B3 Business District zoning allows for a variety of uses, making it suitable for retail, restaurant, or medical businesses. The building presents an excellent opportunity for a business seeking to establish a presence in this growing market, with options for ground leasing or retrofitting the existing structure. The property's proximity to downtown Lancaster, Franklin and Marshall College, Clipper Magazine Stadium, and a large residential population ensures a substantial customer base. This location offers exceptional visibility and accessibility, making it an ideal choice for businesses seeking a prominent position in a thriving commercial area. The property is located at 1521 Oregon Pike, Lancaster, PA 17601.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1983
Construction BRICK
Total area 3,554 SF
Lot 1.05 ac (45,738 SF)
Zoning code B-3
APN 390-91013-0-0000
UPID US73-5744760
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Friendly's Restaurant
  • I'CChimney&DryerVentCleaning General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Focused Investors LLC · 1 yrs held
Focused Investors LLC
since 2025
Last sale
$1.7M
4 recorded transactions
2025
$1.7M
2024
$995,000
2006
$485,000
2005
$449,270
Zoning & alternative use
B-3 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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