106 N Front St

Investment Highlights

Historic Commercial Property - former Colonial Hotel & Restaurant Situated in a dense & growing portion of Southern York County. On-site parking

Executive Summary

Space available in downtown New Freedom across from the Heritage Rail Trail County Park. Ideal for a restaurant, taproom, tasting room, or cafe. The property is zoned Local Central Business District, providing many possibilities for adaptive reuse or value-add approaches. It is situated in a dense and growing portion of southern York County with limited competition in the market. New Freedom, a bedroomcommunity to northern Maryland and Baltimore counties, is centrally located between the Shrewsbury and the Freeland Road exits off Interstate-83 (3.5 miles to each).This three-and-one-half-story corner historic commercial property is the former Colonial Hotel & Restaurant built in 1883 and most recently the Hodle Tavern with on-site parking, street parking and a garage. The interior features a historic tavern feel with cozy first floor bar and dining areas, a pool table, and outdoor patio space off the rear. The second-floor front is partially refinished and offers anopportunity to expand seating and increase revenue.It is located near the Franklin Square Development, a new 134-unit mixed use apartment community currently under multi-phased construction, the New Freedom Railroad Station, Seven Sports Bar & Grille, Gunpowder Falls Brewing, and soon to open Vortex Brewing and AleCraft Brewing.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    9,068
• Year Built    1883
• Price    449,000
• Price Per SF    50
• Percent Leased    Vacant
• Tenancy    Multiple
• Building Height    3 Stories
• Building FAR    0.99
• Land Acres    0.21 AC