USAPALancaster551 W King St
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$1,900,000

For Sale

3 days ago

551 W King St, Lancaster, PA

House

MLS® PALA2094778

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $16,927
Days Active 3
Lot Size 0.13 Acres
Approx. Age 1900
MLS® Number PALA2094778

Property Address: 551 W King St, LANCASTER, PA, 17603-4321

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberPALA2094778
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayLeased to Off Site, On Street, Parking Lot
Garage Spaces
HeatBaseboard - Electric, Central, Heat Pump(s), Natural Gas, Electric
A/CCentral A/C, Ceiling Fan(s), Window Unit(s), Electric

Extras

FF&E, R Liquor License

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 2, 2026List Date
$1,900,000List Price
-End Date
Not Sold YetSold Price

For Sale

Feb 2, 2026List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
551 W King St, Lancaster, PA

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