1398 W Main St

1398 W Main St , Ephrata, Pennsylvania, 17522 | 10,986 sq.f | $ 2,400,000

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About This Restaurant

Investment Highlights

Executive Summary

Historic investment portfolio located in downtown Ephrata including a turnkey restaurant and cash flowing two-unit multifamily property. This corner restaurant (1398 W Main Street) includes a fully furnished kitchen, first and second floor dining areas, three restrooms, and detached bar/event space area with ample outdoor dining. The income producing two-unit mulitfamily property (1404 W Main Street) offers 2 bedroom 2 bath first floor unit and second floor unit of 2 bedrooms and 1 bath. Both units have laundry in-unit. And both properties have been extensively updated within the past three years. Price is inclusive of both parcels. This is a package sale for addresses 1398 W Main Street and 1404 W Main Street, Ephrata. 1404 W Main Street is the 2-unit multi-family building with the associated tax ID number of 260-97069-0-0000. List price reflects both properties. R liquor license and FF&E is included.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    10,986
  • Year Built    1880
  • Price    2,400,000
  • Price Per SF    218
  • Building Height    2 Stories
  • Building FAR    0.45
  • Land Acres    0.56 AC

Property Taxes

Parcel Number 260-03364-0-0000 Improvements Assessment $96,400
Land Assessment $462,500 Total Assessment $558,900
Date Created: 2024-07-16 04:18:12 Last Updated: 2024-07-16 04:18:12
Address: 1398 W Main St , Ephrata, Pennsylvania, 17522