551 W KING ST
LANCASTER, PA 17603
$1,900,000
Sq. Ft.: N/A
Type: Commercial
Listing #pala2081314
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. Licensed PA Realtor is also part owner, Agent related to owner(s).
Listing Courtesy of: Keller Williams Elite (717) 553-2500
Property Features
County: LANCASTER-PA
Municipality: LANCASTER CITY
Latitude: 40.03749
Longitude: -76.31638
MLS Area: Lancaster City (10533)
Directions: Columbia Avenue eastbound, turns into West King Street, property is on the left at the intersection of W King and N Pine
Heating: Baseboard - Electric, Central, Heat Pump(s)
Heating Fuel: Natural Gas, Electric
Cooling: Central A/C, Ceiling Fan(s), Window Unit(s), Electric
Floors: Tile/Brick
Water Heater: Natural Gas, Instant Hot Water, Tankless, 60+ Gallon
Accessibility: 2+ Access Exits, 32"+ wide Doors, 36"+ wide Halls, Gr
Is New Construction: No
Construction: Brick, Mixed, Other
Foundation: Block, Stone
Roof: Rubber, Shingle
Septic or Sewer: Public Sewer
Security Features: CarbonMonoxideDetectors, 24 hour security, Electric
Has Garage: No
Parking Spaces: 10
Lot Features: Additional Lot(s)
Lot Size in Acres: 0.13
Lot Size in Sq. Ft.: 5,663
Zoning: R4
Condition: Very Good
Building Total Area (Sq. Ft.): 11,000
Transportation: Bus Stop less than 1 mile
Has Waterfront: No
Has Water Access: No
School District: SCHOOL DISTRICT OF LANCASTER
ListDate: 2026-02-01 00:00:00.0
Possession: Settlement
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1900
Status: Active
Tax Year: 2025
Tax Amount: $16,927
Ownership Interest: Fee Simple
Inclusions: FF&E, R Liquor License
Exclusions: Residential Tenant's Personal Property, Inventory (purchased separately)
Business Type: Restaurant/Bar
$ per month
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at February 1, 2026, 11:34 PM ET
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