1049 E King Street

Lancaster, PA
$ 989,000 Beds 0 Baths 0 Sq 5,128 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Commercial

  • Price
  • $ 989,000
  • Lot Size
  • 0.32 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,128
  • Full Bathrooms
  • 0
  • Year Built
  • 1915
  • Half Bathrooms
  • 0
  • City, Zip
  • Lancaster
  • Taxes
  • $ 14060
  • County
  • LANCASTER
  • Style
  • Bed and Breakfast
  • Area
  • Lancaster Twp
  • MLS#
  • PALA114144
  • Zip
  • 17602
Listing Provided by: Lusk & Associates Sotheby's International Realty
Data Source: Bright MLS

Features

General

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 914
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)
Municipality LANCASTER TWP
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
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
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Blue Bell, PA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

12/20/2018 Listed $1,100,000
1/14/2020 11% - $989,000

Property vs Zip Code Average in 17602

Price
AVG $580K
$990K
Taxes
AVG $15,268
$14,060
Visits
AVG 109
440
Year Built
AVG 1948
1915
Walkscore
AVG 71
51
Data Provided by Walkscore ® not using MLS data

Map

1049 E King Street Lancaster, PA is a Single Family Home for sale at $989000 with 5128 sqft and a lot size of 0.32 Acres Acre(s). 1049 E King Street Lancaster has 0 bedrooms, 0 baths and was built in 1915. The property's zip code is 17602 which is in Lancaster, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.