875 Main St Ephrata, PA 17522

Property Details for 875 Main St

Year built

1920

Construction

BRICK

Lot size

0.63 lot acres

Property size

2,568 SF

Zone code

C-2

Property type

Turn key restaurants

APN

270-94064-0-0000

APU

2709406400000

Description

This exceptional 3,210 square foot mixed-use property at 875 E Main Street, Ephrata, PA, presents a lucrative investment opportunity. The 2.5-story brick building has undergone a complete renovation, boasting a fresh exterior with painted brick, new windows, and doors. Two new heat pumps and a new electrical system (with two services) ensure efficient operation. Luxury vinyl plank flooring is installed throughout. A newly paved parking lot includes a front ramp for ADA accessibility. The second floor, a high-end two-bedroom, two-bathroom apartment, is currently rented and has township approval for use as a rental or VRBO. This space could also serve as an owner's residence or staff apartment. The main floor is leased on a five-year term, with the tenant responsible for a pro-rata share of expenses. A beautifully renovated main-level bathroom adds to the property's appeal. Convenient rear storage is accessible from both inside and the back entrance. A large rear grassy area, already engineered for stormwater management, offers the potential for a 40 x 60 foot addition (relevant paperwork is available at the township). The ample parking area features two entrances/exits, potentially allowing for drive-thru access (verification with Ephrata Township is recommended). The property's zoning permits a wide range of uses, subject to township approval. Situated in a high-traffic area with excellent visibility across from Walmart and near Route 222, this property offers unparalleled potential for rental income and business ventures in a rapidly growing community. The 0.63-acre lot provides ample space for expansion and development.