About This Home

This 0-bedroom, 0-bathroom other at 551 W KING Street in Lancaster, PA is listed for $1,900,000. Built in 1900, on a 0.13 acres lot.

Key Features

  • Built in 1900
  • 0.13 acre lot
  • 40 parking spaces

Property Details

40 spaces
1900

Amenities

A/C
Listing Description

Instant Equity! Listing price is based off of 2024 appraised value!! 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.

Monthly Cost Estimate

$10,162/mo

20% down · 6.5% · 30 years

Principal$1,374
Interest$8,233
Insurance$554

Estimates only. Actual payments may vary.

Location

551 W KING Street

Lancaster, PA 17603

Property Details

Construction

Brick Mixed

Parking

On StreetParking LotOffsite

Heating

Electric (Heating)CentralHeat Pump (Heating)Baseboard

Cooling

Central AirWindow Unit(s)Ceiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom other at 551 W KING Street is listed at $1,900,000. The estimated monthly payment is $10,161 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.13 acre lot, 40 parking spaces.

This property is listed by Christen Tribbitt.

CT

Christen Tribbitt

License RS353502

Agent at Keller Williams Elite

Listed by Keller Williams Elite · Broker phone: (717) 553-2500 · Broker website

MLS# PALA2094778· Source: Bright MLS· 60 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

551 W KING Street, Lancaster, PA 17603

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