1201 Memory Lane Ext - Restaurant FOR SALE


York, PA 17402
$2,200,000 USD
717-854-5357
1201 Memory Lane Ext, York, PA for Sale
$2,200,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

1201 Memory Lane Ext
York, PA 17402


HIGHLIGHTS

  • Located at a signalized intersection with Route 30 visibility
  • Recently renovated exterior and roof under new ownership
  • Strong demographics with over 141,000 residents nearby
  • Subdivided parcel offers redevelopment flexibility
  • Surrounded by national retailers and medical offices

OVERVIEW

Memory Lane Plaza presents a rare opportunity to acquire a highly visible retail asset in York, Pennsylvania. Situated at the signalized intersection of Whiteford Road and Memory Lane, the property benefits from exceptional exposure to over 50,000 vehicles per day via Route 30. The center spans 1.24 acres and includes a recently renovated façade and new roof, reflecting its transition to new ownership. Built in 1973, the single-story structure with partial mezzanine offers 12,560 square feet of gross leasable area and is served by public utilities, gas-forced hot air heating, central air, and 200A single-phase power. The surrounding area is a vibrant mix of national retailers, medical offices, and professional services, making this an ideal location for continued retail or mixed-use development. Demographics within a 5-mile radius include over 141,000 residents and an average household income exceeding $96,000, supporting strong consumer demand. The property also includes a subdivided parcel formerly known as 1201 Memory Lane, enhancing flexibility for future redevelopment or resale. With its strategic location, solid infrastructure, and strong market fundamentals, Memory Lane Plaza is well-positioned for investors seeking a stabilized retail asset with upside potential.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1955 Whiteford Rd. York, PA 17402

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

3.7 AC

LAND SF

161,172 SF

ZONING

Commercial- Mixed Use

APN/PARCEL ID

46-000-JI-0019.K0-00000

ASK ABOUT THIS PROPERTY

Greg Finkelstein CPA, CCIMRock Commercial Real Estate, LLCMore Info
717-854-5357

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Greg Finkelstein CPA, CCIMRock Commercial Real Estate, LLCMore Info
717-854-5357

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.