551 W King Street, Lancaster, PA 17603Asking Price of: $1,900,000

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View full listing details at http://www.homesale.com/lid=184251536

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).

Property Details

Address: 551 W King Street, Lancaster, PA 17603
Bedrooms: 0
Area: LANCASTER CITY
School District: SCHOOL DISTRICT OF LANCASTER
MLS ID: PALA2081314
Status: ACTIVE

Property School Information

School District: SCHOOL DISTRICT OF LANCASTER

Property Features

Taxes: $16,927
Roof Type: Rubber,Shingle
Exterior: Brick,Mixed,Other
Lot Size: 0.13 Acres
Lot Dimensions: 0.13 Acre(S)
Heating: Baseboard - Electric,Central,Heat Pump(s)
Fuel Type: Natural Gas,Electric
Cooling: Central A/C,Ceiling Fan(s),Window Unit(s)
Year Built: 1900
Water: Public
Sewer: Public Sewer
Municipality: LANCASTER CITY
Accessibility: 2+ Access Exits,32"+ wide Doors,36"+ wide Halls,Grab Bars Mod
Lot Description: Additional Lot(s)
Total Garage/Parking Spaces: 10
Flooring: Tile/Brick

Property information as of Monday, May 25, 2026 at 3:25 PM America/New_York

Listed By

Agency Name: Keller Williams Elite
Agency Phone: 7175532500

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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