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    Property profile & analytics

    35 Main St Annville, PA 17003-1319

    • Turn key restaurants
    • 2,578 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    Jan 29, 2025
    $500,000
    Location Intelligence
    Property ID
    US73-3058984
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 35 Main St

    Year built
    1960
    Lot size
    0.15 lot acres
    Property size
    2,578 SF
    Property type
    Turn key restaurants
    APN
    18-2312354-365237-0000
    APU
    1823123543652370000

    Description

    This exceptional 5,400-square-foot restaurant space, located at 35 W Main St in Annville, PA, is now available for sale or lease. Situated in the heart of the Annville Historic District and directly on Route 422/Main St, this Class A property boasts prime road frontage and exceptional visibility on a highly trafficked corridor between Hershey and Lebanon, seeing approximately 20,000 vehicles daily. The property features a single-story building, renovated in 2023, with ample parking. A large municipal lot provides 60 spaces, supplemented by on-street parking and 3 private spaces, totaling 65 parking spaces. The 0.15-acre lot is zoned Town Center (Lebanon County). The interior includes a fully equipped commercial kitchen with less-than-a-year-old equipment, a walk-in cooler and freezer, and all new mechanical systems. An Eating Place (E) liquor license is available for purchase or lease separately. This turnkey opportunity is ideal for restaurant or retail operators seeking a high-visibility location with convenient parking and modern amenities. The property is conveniently located near Lebanon Valley College.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $385,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $480,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $360,000
      Mixed-Use
      $395,000
      Hospitality
      $400,000
      Educational
      $425,000
      Residential Income
      $465,000
      Energy
      $365,000
      Income-Based Land
      $345,000
      Food Service
      $430,000

    Location Insight

    • Map
    • Local Demand
    City
    Annville
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.5167
    Latitude
    40.3295
    CBSA code
    30140
    CBSA name
    LEBANON, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,875
    $39,200
    $207,500
    $246,700
    -
    $40,246
    $213,039
    $253,285

    Comparable in this City

    • Value Estimation
      $325,000
      5,200 SF

      344 Main St

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      344 Main St, Annville, PA 17003-1507
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    • Value Estimation by Request
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      Londonderry Sq, Annville, PA 17003
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      31 Main St

      RESTAURANT • 4,200 SF
      31 Main St, Annville, PA 17003-1345
      View Details
    • Value Estimation by Request
      9,304 SF

      1235 Main St

      RESTAURANT • 9,304 SF
      1235 Main St, Annville, PA 17003-1610
      View Details
    • Value Estimation
      $405,000
      2,836 SF

      31 Landings Dr

      RESTAURANT • 2,836 SF
      31 Landings Dr, Annville, PA 17003-8878
      View Details
    • Value Estimation
      $490,000
      2,768 SF

      1405 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,768 SF
      1405 Main St, Annville, PA 17003-1614
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    35 Main St
    Annville, PA 17003-1319
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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