300 Hershey Rd, Harrisburg, PA 17112-9734
This turnkey restaurant opportunity in Harrisburg, PA, is listed at $999,900. The 6,102 square foot building, constructed in 1960 and extensively renovated in 2023, sits on a 0.92-acre lot with 50 parking spaces. Currently operating as a restaurant, the sale includes the real estate and all fixtures, furniture, and equipment (FF&E). Its prime location, just 10 minutes from Hershey Park and 2 miles from I-81, ensures high visibility and accessibility. A significant advantage is the inclusion of a fully renovated, three-bedroom, two-bathroom apartment with a separate entrance, kitchen, laundry room, and living space located upstairs. This apartment offers excellent potential for owner-occupancy or as a rental income source, adding to the property's overall value. Lease options are negotiable. The property is ideally suited for a restaurant owner-user seeking a well-established business with significant upside potential. The sale price equates to $163.86 per square foot. Serious inquiries only. Do not disturb current business operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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