241 Railroad StHanover, PA 17331

For Sale
$795,000

Established Restaurant, 4,733 SF, $795,000

Overview

Added:
Dec 11, 2024
Days on market:
93
This thriving Hanover, PA restaurant presents a unique turnkey opportunity. The Hanover Railside Diner, situated on a 0.55-acre lot at the intersection of N Railroad/Eichelberger Street and North Street (three blocks north of Hanover Square), boasts 4,733 square feet of space. Established for over 12 years, this well-maintained diner operates Monday through Friday and comfortably seats 150+ patrons, with an additional banquet room accommodating 50. Ample parking is available with 50+ on-site spaces. The property includes a second-floor one-bedroom apartment. The sale includes all necessary equipment and furnishings for a seamless transition. Annual real estate taxes are approximately $13,400. The asking price is $795,000, translating to $167.97 per square foot. The property enjoys a prime location, neighboring the Eichelberger Professional Building, Guthrie Memorial Library, and UPMC-Mountainview, ensuring high visibility and accessibility to the entire town. This is an exceptional opportunity to acquire a profitable, established business in a desirable location.

Highlights

  • $795,000 asking price for this established Hanover, PA restaurant.
  • 4,733 square foot retail building on a 0.55-acre lot.
  • Turnkey restaurant operation with seating for 150+ plus a 50-person banquet room.
  • Includes a 1-bedroom apartment on the second floor and 50+ on-site parking spaces.
  • Excellent location near Hanover Square, neighboring prominent businesses and institutions.

Location Insight

City
Hanover
County
York
State
Pennsylvania
Latitude
39.8048185
Longitude
-76.9856152
241 Railroad St, Hanover, Pennsylvania

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241 Railroad St
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