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Oregon Pike

LANCASTER, PA 17601
  • $345,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: PALA2056722
UPDATED: 236 min ago
$345,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
2010
County:

School Ratings & Info

School District:

Description

Have you ever dreamed of owning your own restaurant? Of being the boss of your own kitchen? Of making menu selections and welcoming customers, especially those regulars who arrive on the same day every week because your restaurant is their tradition. Now is your moment. This family-owned restaurant is on the market, looking for new ownership. The restaurant currently leases their 3,070 sq. foot space, with seating for up to 97 customers. The restaurant offers expansive storefront windows that allow for plenty of natural light, creating an open and airy atmosphere for diners. A glass entryway keeps indoor temperatures comfortable year-round, no matter the weather outside. Patrons have the option of eating bistro-style at tables or diner-style at the counter. The warm tile floor and wood accents of the counters beautifully balance the cool color pallet and industrial-style lighting. A stunning stone accent wall with backlighting creates dimension and texture. The tasteful styling of the dining area creates a welcoming atmosphere for everyone. The industrial kitchen provides everything needed to smoothly run your lunch or dinner service. Gas cooktops, grills, woks, fryers, a walk-in fridge and acreage of countertops for every food-prep station imaginable. Plenty of shelving and storage is available to keep your kitchen organized and operating like a well-oiled machine. In addition to the dining area and kitchen, there are 2 bathrooms, an office space, and ample parking for patrons and staff. Over $180,000 in upgrades and improvements have been made in the past several years, and all improvements and supplies are included in the sale of the restaurant. Current weekly sales come in at about $22-$25,000 with the restaurant operating 6 days a week. (Prices have not been raised in the past 18 months, so there is room for weekly sales numbers to grow right away.) The lease runs through 2031. Snow removal and grass mowing are additional lease options. Everything is in place for your restaurateur dreams to come true.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-11T23:51:01.85.
www.amandakrallteam.com/homes/155907085
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Oregon Pike LANCASTER, PA 17601

  • Price: $345,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 236 min ago
  • ID#: PALA2056722
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2010
Built
Neighborhood:
Manheim Twp (10539)
County:
Lancaster
Area:
Manheim Twp (10539)
School District:
Manheim Township
Property Description
Have you ever dreamed of owning your own restaurant? Of being the boss of your own kitchen? Of making menu selections and welcoming customers, especially those regulars who arrive on the same day every week because your restaurant is their tradition. Now is your moment. This family-owned restaurant is on the market, looking for new ownership. The restaurant currently leases their 3,070 sq. foot space, with seating for up to 97 customers. The restaurant offers expansive storefront windows that allow for plenty of natural light, creating an open and airy atmosphere for diners. A glass entryway keeps indoor temperatures comfortable year-round, no matter the weather outside. Patrons have the option of eating bistro-style at tables or diner-style at the counter. The warm tile floor and wood accents of the counters beautifully balance the cool color pallet and industrial-style lighting. A stunning stone accent wall with backlighting creates dimension and texture. The tasteful styling of the dining area creates a welcoming atmosphere for everyone. The industrial kitchen provides everything needed to smoothly run your lunch or dinner service. Gas cooktops, grills, woks, fryers, a walk-in fridge and acreage of countertops for every food-prep station imaginable. Plenty of shelving and storage is available to keep your kitchen organized and operating like a well-oiled machine. In addition to the dining area and kitchen, there are 2 bathrooms, an office space, and ample parking for patrons and staff. Over $180,000 in upgrades and improvements have been made in the past several years, and all improvements and supplies are included in the sale of the restaurant. Current weekly sales come in at about $22-$25,000 with the restaurant operating 6 days a week. (Prices have not been raised in the past 18 months, so there is room for weekly sales numbers to grow right away.) The lease runs through 2031. Snow removal and grass mowing are additional lease options. Everything is in place for your restaurateur dreams to come true.
Exterior Features

Construction Materials MasonryStoneStucco Door Features InsulatedDouble Entry Garage YN No Location Type Business District Parking Features Lighted ParkingPaved ParkingPublic Parking Types Parking Lot Property Condition Excellent Road Surface Type Paved Roof Rubber View Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3070.00 Building Features Exhaust SystemFire AlarmKitchenOfficeOven/Range(s)Public RestroomsRefrigerator(s)Security SystemShelvingSignage AllowedStorageWalk-In BoxReception AreaSprinkler System Cooling Central A/C Flooring Tile/Brick Heating Forced Air Heating YN Yes Inclusions Fixturesfurniture and equipment- List of all the items is included in the documents section. Security Features Carbon Monoxide Detector(s)Fire Detection SystemSprinkler System - IndoorSmoke DetectorSecurity System

Property Features

Acceptable Financing CashConventional Accessibility Features 32"+ wide Doors Central Air YN Yes Cooling Fuel Natural Gas Cross Street Landis Valley Rd Current Use Restaurant Electric 200+ Amp Service Gross Income 980000.00 Heating Fuel Natural Gas Hot Water Electric Insurance Expense 58.90 Municipality MANHEIM TWP Navigable Water YN N Net Operating Income 175000.00 New Construction YN No Number Of Units Leased 1 Number Of Units Vacant 0 Operating Expense 1190.79 Operating Expense Includes LandscapingSnow Removal Original MLSNumber 803343258046 Owner Pays WaterTaxes - Real EstateInsuranceCommon Area Maintenance Ownership Interest Leasehold Property Sub Type Mixed Use Purchase Optional YN No Sale Type Standard Sewer Public Sewer Tax Annual Amount 6975.72 Utilities Electric AvailableCable TV AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning B-3 Zoning Description Business District 3

Listing courtesy of Coldwell Banker Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-11T23:51:01.85.
 
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