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Property profile & analytics
OFF-MARKET
Retail space

220 Philadelphia St York, PA 17401-2940

12,332 SF 0.23 ac lot Built 1900
Entity Owned 3-yr Hold Free & Clear
Property ID
US73-5568545
Property summary
AI-generated overview

This exceptional restaurant and bar space, totaling over 10,000 square feet, is ideally situated in York, PA's vibrant WeCo District, directly on Philadelphia Street at the Corodus Creek Boat Basin. The property boasts a desirable "R" liquor license (transferable, but not required), offering significant flexibility for prospective operators. The two-story building features a versatile layout, including existing furniture, fixtures, and equipment such as a fully functional hood system with fire suppression, two walk-in coolers, and an inviting outdoor patio complete with a covered dry bar. A dedicated private event space with a smaller service bar and multiple dining areas cater to diverse needs. The first floor offers a spacious, open floor plan, allowing for customized bar and dining room configurations. Ample back-of-house storage and office space are also included. This location benefits from its proximity to the Susquehanna Commerce Center, a significant office campus, and is within walking distance of Central Market, The Appell Center for Performing Arts, and WellSpan Park. The property is zoned for Central Business District use with a HARB overlay. Lease rates are $7,000 per month NNN with the liquor license and $3,500 per month NNN without. A $100,000 tenant improvement allowance is available for qualified tenants. The APN is 05-080-03-0036-A0-00000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 12,332 SF
Lot 0.23 ac (10,149 SF)
Zoning code CM
APN 05-080-03-0036.A0-00000
UPID US73-5568545
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
  • The Loft York (Bike/Boat/Book/etc) Store Photography Service
  • Water Way Bar & Grill Bar & Pub Restaurant
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
Kroy Properties LLC · 3 yrs held
Kroy Properties LLC
since 2023
Last sale
$250,000
3 recorded transactions
2023
$250,000
2005
Price N/A
2005
Price N/A
Zoning & alternative use
CM · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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