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1398 W Main Street Ephrata, PA $ 2,400,000
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1398 W Main Street
$ 2,400,000
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1398 W Main Street

Ephrata, PA, 17522
$ 2,400,000
Baths0.0 Sq 10,896

Monthly Estimate*

$ 16,765

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Studio

Commercial Property for sale in Ephrata, PA

for $2,400,000. This 10,896 square foot building was built in 1890 on a lot size of 0.43.

Historic investment portfolio located in downtown Ephrata including a turnkey restaurant and cash flowing two-unit multifamily property. This corner restaurant (1398 W Main Street) includes a fully furnished kitchen, first and second floor dining areas, three restrooms, and detached bar/event space area with ample outdoor dining. The income producing two-unit mulit-family property (1404 W Main Street) offers 2 bedroom 2 bath first floor unit and second floor unit of 2 bedrooms and 1 bath. Both units have laundry in-unit. And both properties have been extensively updated within the past three years. Price is inclusive of both parcels. R liquor license and all FF&E is included. Please do not contact agent via showing time.

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Commercial Active

Price

$ 2,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,402

Style

Apartment Building,,/General Retail,Restaurant/Bar

Lot Size

0.43

Year Built

1890

Town/City

Ephrata

County/Region

Lancaster

MLS | Web ID

PALA2037106
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Zoning CND
Construction Materials Block Brick Concrete Log Masonry Rock Stone
Year Built 1890
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality EPHRATA BORO
Business Type Apartment Building Other Other/General Retail Restaurant/Bar
Accessibility 2+ Access Exits Doors - Swing In Entry Slope <1' Level Entry - Main Ramp - Main Level
County LANCASTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Take US-222 N and take the Brownstown Exit onto PA-772. Continue on PA-772 for 8 miles and turn left onto Rothsville Rd. where you'll be met with a right onto Rettew Mill Rd. in a short distance. Con
City EPHRATA
Buyer Agent Compensation 3
Total Units 0
MLS Area Ephrata Boro (10526)
Lot Size Square Feet 18731.00
Waterfront Y/N N
Street Name MAIN
Tax Annual Amount 13402.0
Vacation Rental Y/N N
Days on Market 294
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.43
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 96400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1398
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* Excluded Features
List By
High Associates Ltd.

Broker

brobinson@high.net

Email

Affordability Calculator

$17,882
Per Month
94%
6%
0%
Monthly Principal & Interest
$16,765
Monthly Property Taxes
$1,117
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
6/28/2023 $2,400,000 Listed Price

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1398 W Main Street, Ephrata, PA, 17522 is a Commercial Property for sale at $2,400,000 with 10,896 sqft and a lot size of 0.43. 1398 W Main Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 17522 which is in Ephrata, PA

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