Address
1049 E King Street Lancaster, PA
Price
$ 989,000
Property Attributes
- MLS#PALA114144
- TypeCommercial
- CountyLANCASTER
- CityLancaster
- AreaLancaster Twp
- NeighborhoodLANCASTER TWP
- Zip17602
- StyleBed and Breakfast
- Year Built1915
- Taxes14060
- Price$ 989,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5128
- Lot Size0.32 Acres
Listing Provided Courtesy Of:
Lusk & Associates Sotheby's International Realty
Property Description
Romantic Luxury B&B Investment Opportunity -For those looking for a business to invest of themselves, this operating and financially viable B&B has a proven history of financial profitability and excellence in service. You can own this Romantic Luxury Inn and financially viable Bed & Breakfast, central to urban Lancaster and PA Dutch country. Recognized as a Distinguished Inns of North America Select Registry member, listed on the National Register of Historic Places, with a 5-star TripAdvisor rating for Romantic and Elegant Getaways. 100+ years young, with architecturally crafted Mission style exterior, the Inn offers 8 luxury rooms with baths, including carriage house suite. A luxurious Dining Room and Parlor seamlessly invite the guest to wander into a sun-drenched Florida-style room, complimenting the Inn's elegance and vitality. Many vintage touches abound, from pedestal and claw-foot tubs to ornate fireplaces, rich hardwood floors and rainbow-colored stained glass, further complimenting the aura of King's Cottage. The Carriage House, meticulously appointed, offers a private suite, tucked away from the main inn, with fetching fragrances drifting by from numerous plantings and flowers. Professionally landscaped, soothing fish pond, gorgeous tile work from steps to foot paths, rounded out with gardens. Private parking, side street entrance, electric car charger enhance the guest experience. Manager quarters on-site. Local adventures into PA Dutch country are within easy access; guests follow the well-trod path known as the Old Philadelphia Pike and its many divergent roads. Urban adventures create foodie fun and the discovery of the craft brewery scene, boutiques, art, music, and historic buildings like Central Market and Wheatland. This romantic getaway appeals to many travellers, from the active enthusiast, to the demure looking for a space to breathe, the Inn's ambience is a beautiful relaxing choice and for those looking for a business they can participate in, King's Cottage is a well established, sound investment.
| Price History | |
|---|---|
| 12/20/2018 | Listed $1,100,000 |
| 1/14/2020 | 11% - $989,000 |
General Features
| Acceptable Financing | Cash, Conventional |
|---|---|
| Accessibility | Grab Bars Mod, Mobility Improvements, Other |
| Business Type | Bed and Breakfast |
| Construction Materials | Masonry, Stucco |
| Cool Fuel | Natural Gas, Electric |
| Cooling | Central A/C |
| County | LANCASTER |
| Days on Market | 765 |
| Electric | 200+ Amp Service |
| Exclusions | Some personal property |
| Flooring | Carpet, Concrete, Hardwood, Tile/Brick |
| Heating | Radiator |
| Historic Y/N | Yes |
| MLS Area | Lancaster Twp (10534) |
| New Construction | No |
| Ownership | Fee Simple |
| Parking Features | Electric Vehicle Charging Station(s) |
| Possession | Settlement |
| Price Per Sq Ft | 192.86 |
| Property SubType | Services |
| Property Type | Commercial Sale |
| PropertyCondition | Good |
| Real Estate Owned Y/N | No |
| Roof | Tile |
| Security Features | Fire Detection System, Smoke Detector |
| Sewer | Public Sewer |
| Subdivision Name | LANCASTER TWP |
| Tax Annual Amount | 14060.12 |
| Tax Year | 2020 |
| Utilities | Cable TV Available |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Zoning | LC-LOCAL COMMERCIAL |
| Zoning Description | B&B, Special exception permitted use |
Interior Features
| Central Air Y/N | Yes |
|---|---|
| Heating Fuel | Electric, Natural Gas |
| Heating Y/N | Yes |
| Hot Water | Multi-tank, Natural Gas |
| Total Restrooms | 10 |
Exterior Features
| Building Area Total | 5128.00 |
|---|---|
| Car Parking Spaces | 8 |
| Fencing Y/n | No |
| Inclusions | Business name, Website, Recipes, Furniture List, Client List, Phone numbers |
| Lot Dimensions | 236x80 |
| Lot Features | Corner, Front Yard, Landscaping, Private, Rear Yard, Road Frontage, SideYard(s), Pond |
| Lot Size Acres | 0.32 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 13939.00 |
| Navigable Water Y/N | No |
| Total Parking Spaces | 8 |
| Type of Parking | Driveway, Parking Lot |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 17602
Price
Taxes
Visits
Year Built
Walkscore
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