Bought with Corinn E. Kirchner • PPM Real Estate, Inc.
$390,000
$565,000
31.0%For more information regarding the value of a property, please contact us for a free consultation.
5,439 SqFt
SOLD DATE : 04/05/2021
Key Details
Sold Price $390,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,439 sqft
Price per Sqft $71
MLS Listing ID PALA174942
Sold Date 04/05/21
HOA Y/N N
Year Built 1870
Annual Tax Amount $11,662
Tax Year 2021
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 0.00 x 0.00
Property Sub-Type Retail
Source BRIGHT
Property Description
For comp purposes the original list price included the business; Final sale was for real estate only. Sale includes real estate and turnkey business. (Business is operating, please do not talk to employees about the sale.) A longtime Lancaster City staple with a strong customer base, "Smiley's Deli" and food market is located at the signaled intersection of Duke & Lemon Streets, just one block from Lancaster General; very walkable to commercial & residential areas. Property offers 8 parking spaces, the first floor commercial space which is about 1,600sf of usable space (footprint of building is over 2,400sf), 2 large apartments above - both are 2 stories (north and south units, each with laundry, sunrooms, and separately metered electric and heat.) a full basement with dumbwaiter to first floor, a loading zone on Lemon Street, cozy side courtyard for outdoor tenant area and space within the property line for tables/outdoor seating along Duke Street. Business: All goodwill, the name, website, fixtures, and equipment are included in the sale. Employees would like to stay on under new ownership. Apartment 1 is occupied by seller; Seller would like to lease back for a few months after the sale and will pay a reasonable rent for such. Apartment 2 is occupied by the store manager on a M2M/no paper lease, at a reduced rent of $600/month. SEE BROCHURE UNDER DOCUMENTS FOR ADDITIONAL DETAILS ON THE BUILDING, ZONING AND EXPENSES. Agents see Agent Remarks.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning R4; HIGH DENSITY
Interior
Hot Water Natural Gas
Heating Central, Baseboard - Electric, Wall Unit
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 8.0
Water Access N
View City
Accessibility 2+ Access Exits, Other
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 336-98308-0-0000
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System,Main Entrance Lock
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "