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5 W Pine Street, Mount Holly Springs, PA 17065
$1,500,000
5 W Pine Street, Mount Holly Springs, PA 17065View this property at 5 W Pine Street, Mount Holly Springs, PA 17065
5 W Pine StreetMount Holly SpringsPA17065
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Property Description
Well Established and Thriving Restaurant & Bar with a total seating capacity of 215, ideally located in South Central PA in the Heart of Mt. Holly Springs situated on 1.18 Acres (3 Parcels) surrounded by Vacation Destinations including Lakes, Hiking Trails & Campgrounds off of Rt. 34 capturing over 12,000 cars daily. Completely Turnkey and Pride of Ownership throughout the entire property provides an extremely inviting atmosphere. Fully Equipped Kitchen, Tavern with large bar w/ 14 taps and 35 barstools & New HVAC unit, Dining Room/Banquet Room, Game Room, Wrap-around Deck & Ample Off-Street Parking. There are 10 Private Hotel Rooms that offer great potential (Possible B & B) for additional income. There is also a detached Barn on the property that could be utilized for numerous possibilities for event space (retirement parties, wedding venue, etc), smokehouse, brewery, music venue, Indoor Cornhole/Horseshoe league, etc. Expanding hours and days of operation is another excellent opportunity to generate more revenue and income for the next Owner. Current hours of operation are: 3:00-8:00PM (Tuesday - Thursday), 12:00- 9:00PM (Friday & Saturday) & 12:00-8:00PM (Sunday). There is certainly a significant opportunity to expand upon. Real Estate, Hotel Liquor License, Equipment and Furniture to be included in the Sale. Inventory, Mirrors and Signs can be sold separately. All Buyers must provide Pre-Qualification Letter & Confidentiality Agreement prior to any showings & Release of Financials.
Full Property Details
Full Property Details for 5 W Pine St
General
- Price: $1,500,000
- Taxes: $13,247 (2024)
- Status: Active
- Type: Business
- MLS ID: PACB2026970
- Updated: 4/19/2024
- Added to Site: 98 day(s) ago
Business
- Business Type: Restaurant/Bar, Hotel/Motel
Parking
- Total Spaces: 50
- Parking Type: Parking Lot
Location
- Area: Mt Holly Springs Boro (14423)
- Municipality: MT HOLLY SPRINGS BORO
- County: Cumberland
- Development Name: Mt Holly Springs
- Subdivision: Mt Holly Springs
- Driving Directions: GPS
School Information
- High School: Carlisle Area
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s), Forced Air
- Heating Fuel: Propane - Leased
- Water Heater: Tankless, Propane
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Stick Built, Frame
- Roof: Rubber, Metal
- Stories/Levels: 0
- Year Built: 1950
- Year Built Source: Estimated
- Property Condition: Good, Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 1.18
- Lot Size (Sq. Ft.): 51,400
- Lot Size Source: Estimated
- Zoning: VILLAGE
Financial Considerations
- Price Per Sq. Ft.: $176.47
- Assessment Year: 2024
- School Tax: $9,741
- City/TownTax: $2,100
- City/TownTax Freq: Annually
- County Tax: $1,405
- County Tax Freq: Annually
- Tax w/Assessment: $595,000
- Tax Amount: $13,247
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Ownership: Fee Simple
- Exclusions: INVENTORY, MIRRORS & SIGNS (TO BE SOLD SEPARATELY)
- Inclusions: HOTEL LIQUOR LICENSE, REAL ESTATE, BUSINESS, GOODWILL, EQUIPMENT & FURNITURE
Listed by Real Estate Excel, JON S COLLINS
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Schools
Schools serving 5 W Pine St
School District:Carlisle Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
110 Mooreland Ave, Mt Holly Spgs, PA 17065 | PK-5 | 0.3 mi | |
777 S Hanover St, Carlisle, PA 17013 | 6-8 | 5.3 mi | |
623 W Penn St, Carlisle, PA 17013 | 9-12 | 6.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 W Pine St
Date
Details
Price
Change
Source
1/22/2024
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5 W Pine St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,859
7%
$595,000
—
2022
$13,009
3%
$595,000
—
2022
$12,614
1%
$595,000
—
2021
$12,432
2%
$595,000
—
2020
$12,166
4%
$595,000
—
2019
$11,729
3%
$595,000
—
2018
$11,396
2%
$595,000
—
2017
$11,160
4%
$595,000
—
2016
$10,687
2%
$595,000
—
2015
$10,503
2%
$595,000
—
2014
$10,267
—
$595,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5 W Pine St
5 W Pine Street, Mount Holly Springs, PA 17065 (MLS# PACB2026970) is a Business property. 5 W Pine Street is currently listed for $1,500,000 and was received on January 22, 2024. Want to learn more about 5 W Pine Street? Do you have questions about finding other Business real estate for sale in Mount Holly Springs? You can browse all Mount Holly Springs real estate or contact a Coldwell Banker agent to request more information.