Lititz, PA 17543,2224 FURNACE HILLS PIKE
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Lititz, PA 17543,2224 FURNACE HILLS PIKE
Lititz, PA 17543,2224 FURNACE HILLS PIKE
Lititz, PA 17543,2224 FURNACE HILLS PIKE
Lititz, PA 17543,2224 FURNACE HILLS PIKE

$850,000

Est. payment /mo

$850,000

Est.Price: ?

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2224 FURNACE HILLS PIKE Lititz, PA 17543

2,277 SqFt

SOLD DATE : 01/31/2024

Key Details

Sold Price $850,000

Property Type Commercial

Sub Type Services

Listing Status Sold

Purchase Type For Sale

Square Footage 2,277 sqft

Price per Sqft $373

MLS Listing ID PALA2044186

Year Built 1967

Annual Tax Amount $5,478

Tax Year 2022

Lot Size 5.000 Acres

Property Description

The Pretzel Hut is a genuine landmark. This restaurant (and live animal exhibit) has been successfully operating for 56 good years, and is a beloved staple of the community. The business produces strong income and sits roadside on heavily trafficked Route 501, a main artery connecting Lancaster and Lebanon Counties. The large petting zoo is nestled into the property's 5 wooded acres, and is a main attraction for locals, kids, and animal lovers. The property is in turn-key condition, and has been owned and operated by people who deeply understand the importance of high quality products, proper care and maintenance, efficiency, cleanliness, organization, and employee loyalty. Food items offered include burgers, sandwiches, cheesesteaks, ice cream, soda, and of course pretzels. There are 45 seats inside the restaurant, and another 20 picnic tables surrounding the property. There are approximately 45-50 parking spaces. At any given time the restaurant is packed with patrons. The business has been extremely successful, but there is still room to grow via expansion from 5 to 7 days of operation per week, remaining open in winter months, and increasing prices to fair market value in order to ramp up profit margins. This is a rare opportunity to move right into an established restaurant in a bustling area and get to work immediately.​ Numbers available upon request.​

Location

State PA

County Lancaster

Area Elizabeth Twp (10524)

Zoning VILLAGE COMMERCIAL

Interior

Hot Water Electric

Heating Forced Air

Cooling Wall Unit

Exterior

Garage Spaces 52.0

Water Access N

View Trees/Woods

Building

Foundation Block

Sewer On Site Septic

Water Well

New Construction N

Schools

School District Warwick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Tommy Long • Howard Hanna Krall Real Estate
Bought with Jeffrey D Dieffenbach • RE/MAX Evolved

Jason Gareau

Broker

+1(609) 929-4486

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