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551 W King Street

LANCASTER, PA 17603
  • $1,900,000
  • STATUS: Active
  • ON SITE: 166 Days
  • ID#: PALA2081314
UPDATED: 57 min ago
$1,900,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

Turnkey opportunity to acquire a well-known restaurant and bar in bustling downtown Lancaster. Located on high-traffic West King Street, this recently renovated and remodeled space features a popular New American menu, strong bar program with 24 beers on tap, and reputation for dining, nightlife, and live entertainment. The venue offers multiple revenue streams, high visibility, and an established customer base. Ideal for an owner-operator or investor seeking immediate cash flow with potential for growth through expanded programming, private events, or rebranding. Prime location in a thriving urban market. Sale also includes one residential apartment, an additional parking lot parcel (619-621 Marietta Ave, Parcel ID 335-70501-0-0000) and an R liquor license. Located within Lancaster City's CRIZ (City Revitalization & Improvement Zone), this property may offer valuable redevelopment and investment opportunities while benefiting from its prime downtown location. Buyers should conduct their own due diligence regarding CRIZ eligibility and potential incentives. Licensed PA Realtor is also part owner, Agent related to owner(s). ***Business is still operating, please do not approach management or staff with inquiries.

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©2026 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 The Craig Hartranft Team, Berkshire Hathaway Homesale Realty. 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: 2026-07-18T10:54:57.677.
www.lancasterhome.com/homes/172634279
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551 W King Street LANCASTER, PA 17603

  • Price: $1,900,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 57 min ago
  • ID#: PALA2081314
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1900
Built
Neighborhood:
Lancaster City (10533)
County:
Lancaster
Area:
Lancaster City (10533)
School District:
School District Of Lancaster
Property Description
Turnkey opportunity to acquire a well-known restaurant and bar in bustling downtown Lancaster. Located on high-traffic West King Street, this recently renovated and remodeled space features a popular New American menu, strong bar program with 24 beers on tap, and reputation for dining, nightlife, and live entertainment. The venue offers multiple revenue streams, high visibility, and an established customer base. Ideal for an owner-operator or investor seeking immediate cash flow with potential for growth through expanded programming, private events, or rebranding. Prime location in a thriving urban market. Sale also includes one residential apartment, an additional parking lot parcel (619-621 Marietta Ave, Parcel ID 335-70501-0-0000) and an R liquor license. Located within Lancaster City's CRIZ (City Revitalization & Improvement Zone), this property may offer valuable redevelopment and investment opportunities while benefiting from its prime downtown location. Buyers should conduct their own due diligence regarding CRIZ eligibility and potential incentives. Licensed PA Realtor is also part owner, Agent related to owner(s). ***Business is still operating, please do not approach management or staff with inquiries.
Exterior Features

Construction Materials BrickMixedOther Garage YN No Lot Features Additional Lot(s) Parking Types Leased to Off SiteOn StreetParking Lot Property Condition Very Good Roof RubberShingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 11000.00 Cooling Central A/CCeiling Fan(s)Window Unit(s) Exclusions Residential Tenant's Personal PropertyInventory (purchased separately) Flooring Tile/Brick Heating Baseboard - ElectricCentralHeat Pump(s) Heating YN Yes Inclusions FF&ER Liquor License Net Square Feet 8044.00 Security Features Carbon Monoxide Detector(s)24 hour securityElectric AlarmExterior CamerasFire Detection SystemMain Entrance LockMonitoredMotion DetectorsSecurity SystemSmoke Detector

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access Exits32"+ wide Doors36"+ wide HallsGrab Bars Mod Central Air YN Yes Cooling Fuel Electric Foundation Details BlockStone Heating Fuel Natural GasElectric Historic YN No Hot Water Natural GasInstant Hot WaterTankless60+ Gallon Tank Municipality LANCASTER CITY Navigable Water YN N New Construction YN No Original MLSNumber 804407703528 Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 16927.00 Transportation Bus Stop less than 1 mile Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning R4

Listing courtesy of Keller Williams Elite: .


©2026 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 The Craig Hartranft Team, Berkshire Hathaway Homesale Realty. 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: 2026-07-18T10:54:57.677.
 
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The Craig Hartranft Team, Berkshire Hathaway Homesale Realty
150 North Pointe Blvd.
Lancaster PA, 17601
<-- Client Provided 11/13/24-- >