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$675,000
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Property Description
Attention Restaurant operators...!!! Classic 1950's stainless steel diner with an iconic neon blade sign prominently displayed on Route 30 For Sale in Lancaster County. Located near Dutch Wonderland Amusement Park, outlet stores and all Lancaster attractions. The property consists of +/-3,100 sf building on 1.57 acre lot with 241 ft frontage on Lincoln Hwy (Route 30). Ample parking for 44+ cars and 17 parking spots for tractor trailers (truckers frequent the diner because of the easy parking). Diner is configured with 64 total seating capacity consisting of 20 counter seats, 36 booth seats and 8 table seats. This turnkey operation currently is a cash only business. Diner features a short order kitchen and a prep Kitchen with Large refrigerator and freezer walk-in boxes Full clean dry basement For Sale offering includes real estate, goodwill, all fixtures, furniture, and equipment (office computer system not included). Currently operates with limited hours. Value added opportunity to expand business hours and includes plans to expand restaurant by 64 seats. Attention Investor Alert..!!! Buy the real estate and owner has a possible tenant to lease the property and operate the business. This property is eligible for 1031 exchange . Ask realtor for details...Equipment list is available to qualified buyers.
Full Property Details
Full Property Details for 2575 Lincoln Hwy E
General
- Sold For: $675,000
- Taxes: $5,010 (2021)
- Status: Closed
- Type: Business
- Source: BrightMLSPhilly
- MLS ID: PALA181126
- Added to Site: 1, 773 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Total Spaces: 61
- Parking Type: Parking Lot
Location
- Area: East Lampeter Twp (10531)
- Municipality: EAST LAMPETER TWP
- County: Lancaster
- Driving Directions: Use GPS
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Propane - Owned
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Well
Structural Information
- Construction: Concrete
- Stories/Levels: 0
- Year Built: 1950
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 1.43
- Lot Size (Sq. Ft.): 62,291
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Frontage Feet: 241
- Street/Road Desc.: Black Top
- Zoning: AGRICULTURAL
Financial Considerations
- Price Per Sq. Ft.: $377
- Assessment Year: 2021
- School Tax: $3,760
- City/TownTax: $494
- City/TownTax Freq: Annually
- County Tax: $756
- County Tax Freq: Annually
- Tax w/Assessment: $259,800
- Tax Amount: $5,010
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
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Schools
Schools serving 2575 Lincoln Hwy E
School District:Conestoga Valley School District
| Name | Grades | Distance |
|---|---|---|
Smoketown El School 2426 Old Philadelphia Pike, Lancaster, PA 17602 | K-6 | 1.7 mi |
Gerald G Huesken Middle School 2114 Horseshoe Road, Lancaster, PA 17601 | 7-8 | 2.9 mi |
Conestoga Valley Senior High School 2110 Horseshoe Road, Lancaster, PA 17601 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2575 Lincoln Hwy E
Date
Details
Price
Change
Source
11/01/2021
Sold
$700,000
-12.5%
MLS
4/24/2021
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2575 Lincoln Hwy E, Ronks, PA 17572 (MLS# PALA181126) is a Business property that was sold at $675,000 on November 01, 2021. This property was listed by Joseph Leone from our Blue Bell Office.Want to learn more about 2575 Lincoln Hwy E? Do you have questions about finding other Business real estate for sale in Ronks? You can browse all Ronks real estate or contact a Coldwell Banker agent to request more information.


