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494 W Lincoln Avenue, Myerstown, PA 17067

$450,000 Sale Pending

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  • For Sale
  • Pending
  • Business

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494 W Lincoln Avenue, Myerstown, PA 17067View this property at 494 W Lincoln Avenue, Myerstown, PA 17067
494 W Lincoln AvenueMyerstownPA17067
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Property Description
Owners "retiring". Commercial opportunity i Lebannon County, Pa with R-Type Liquor license After 30 years in business, the owners of this establishment are calling it a day. If you are seeking a location with a strong car count and great exposure, look no further. This opportunity comes complete with well maintained kitchen, full bar with Liquor License, 2 apartment units for additional cash flow and plenty of visibility. Set up your private showing today. (Proof of funds must accompany all offers).

Full Property Details for 494 W Lincoln Ave

General

  • Price: $450,000
  • Taxes: $4,548 (2020)
  • Status: Pending
  • Type: Business
  • MLS ID: PALN109120
  • Updated: 4/13/2021
  • Added: 574 day(s) ago

Business

  • Business Type: Apartment Building, Restaurant/Bar

Interior

  • Flooring: Vinyl

Rooms

Bathrooms

  • Restrooms: 4

Additional Information

  • Security/Safety: Electric Alarm

Parking

  • Total Spaces: 12
  • Parking Features: Paved Parking
  • Parking Type: Parking Lot

Location

  • Area: Jackson Twp (13223)
  • County: Lebanon
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: Washington
  • Driving Directions: 2 miles west of Rte. 422 and 501 intersection. Property sets along left side of Lincoln Ave (Rte 422)
  • Direction Faces: North
  • Traffic Count: 15000-19999
  • Location Details: Highway

Heating & Cooling

  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating Fuel: Electric, Natural Gas, Oil
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Electric Available, Natural Gas Available

Structural Information

  • Construction: Aluminum Siding, Stucco
  • Foundation: Block
  • Roof: Shingle
  • Stories/Levels: 2
  • Year Built: 1982
  • Year Built Source: Assessor
  • Property Condition: Very Good

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2

Unit 1

  • Unit Description: Unit 1

Unit 2

  • Unit Description: Unit 2

Lot Features

  • Property View: Street
  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Size Source: Assessor
  • Street/Road Desc.: Paved
  • Lot Features: Irregular
  • Zoning: COMMERCIAL
  • Lot Description: Irregular

Financial Considerations

  • Price Per Sq. Ft.: $450.45
  • Assessment Year: 2020
  • School Tax: $3,734
  • City/TownTax: $42
  • City/TownTax Freq: Annually
  • County Tax: $772
  • County Tax Freq: Annually
  • Tax w/Assessment: $234,600
  • Tax Amount: $4,548
  • Tax Year: 2020
  • Owner Pays: All Utilities, Common Area Maintenance, Taxes - Real Estate
  • Landlord Pays: All Utilities, Common Area Maintenance, Taxes - Real Estate

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Inclusions: All business related items

Listed by RE/MAX Of Reading, Timothy C Himmelberger

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools

Schools serving 494 W Lincoln Ave

School District:Eastern Lebanon County School District
Rating
Name
Grades
Distance
5
Eastern Lebanon County Senior High School
180 Elco Dr, Myerstown, PA 17067
9-12
2.7 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

Price & Sales History for 494 W Lincoln Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/16/2020
Price Reduced
$450,000
-9.09%
MLS
9/24/2019
Listed
$495,000
—
MLS
Get Price Alerts and Save Property
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 494 W Lincoln Ave

Year
Property Taxes
Change
Tax Assessment
Change
2018
$4,316
5%
$234,600
—
2016
$4,125
8%
$234,600
—
2015
$3,825
3%
$234,600
—
2014
$3,724
537%
$234,600
—
2013
$585
-17%
$234,600
615%
2012
$705
—
$32,800
—
2011
$705
—
$32,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 494 W Lincoln Ave

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Listed by RE/MAX Of Reading, Timothy C Himmelberger

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494 W Lincoln Avenue, Myerstown, PA 17067 (MLS# PALN109120) is a Business property. 494 W Lincoln Avenue is currently listed for $450,000 and was received on September 24, 2019. Want to learn more about 494 W Lincoln Avenue? Do you have questions about finding other Business real estate for sale in Myerstown? You can browse all Myerstown real estate or contact a Coldwell Banker agent to request more information.

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