671 W Market St Hallam, PA 17401
Own this iconic York County landmark, a thriving bar and restaurant with a rich history. Located at a prime corner with high visibility and heavy traffic, this multi-faceted property includes the established business, real estate, and all assets. The sale encompasses a fully equipped bar and restaurant with a large seating capacity, including a wraparound bar, pool room, and a spacious "Back Room" perfect for events, boasting a full stage and separate entrance. The kitchen is well-equipped to handle the volume of customers, featuring an oven, grill, deep fryers, and ample prep space. Behind the scenes, there's extensive storage, including a walk-in freezer and refrigerator. The property also includes a 3-bedroom apartment with a balcony overlooking the outdoor area, and seven additional rental units (four one-bedroom apartments and three single rooms), four of which are currently rented long-term. The large lot provides ample parking for 75 vehicles, easily expandable to 125 for events. The outdoor space features picnic tables, high-tops, an outdoor bar, and a small stage. The property's "R" liquor license, all inventory (wine, beer, spirits), and equipment are included in the sale price of $1,625,000. This fee-simple ownership opportunity presents a unique blend of established business, rental income, and significant real estate potential in a highly desirable location. The two-story, Class B building, constructed in 1930, sits on a 1.41-acre lot and is zoned Commercial/Industrial. This is a rare chance to acquire a piece of York County history and a successful, established business.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CM · Hallam, PAHallam. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.