Schools and Properties Nearby

118 N GEORGE ST, York, PA 17401
118 N GEORGE ST, York, PA 17401
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GEORGE WOODS

GEORGE WOODS

+1(717) 324-2500
Listed by Spencer Blake • Renaissance Realty Sales, LLC
$ 699,900
Est. payment | /mo

4,321 Sqft Lot

Save
$ 699,900
Est. payment | /mo
Save

4,321 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID PAYK2109074

Year Built 1900

Available Date 2026-08-05

Annual Tax Amount $11,494

Tax Year 2026

Lot Size 4,321 Sqft

Acres 0.1

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Welcome to 116-118 N George St, a rare six-unit mixed-use investment opportunity in the heart of Downtown York's Restaurant Row. Whether you're looking to expand your portfolio or acquire a property with significant upside, this prime location puts you in the center of one of York's most vibrant and walkable districts. Surrounded by popular restaurants, breweries, coffee shops, boutiques, nightlife, and just minutes from the York Revolution stadium, Appell Center for the Performing Arts, Central Market, WellSpan Park, and countless local businesses, this is a location tenants and business owners actively seek out. The property features two commercial storefronts leased to the same long-term tenant for $3,095 per month on a lease running through November 2028, complete with annual rent increases for built-in income growth. The residential portion includes four apartments, with one of the two bedroom units currently rented month-to-month for $900 per month and three vacant units ready for lease-up. Projected market rents are $500-$700 per month for the efficiency apartment and $1,250 per month for each two-bedroom unit, bringing the property to a projected gross monthly income of $6,995 or $83,940 annually once fully stabilized. With annual operating expenses of approximately $5,000 for insurance and $5,000 for utilities, this property offers investors the opportunity to capitalize on York's continued downtown revitalization while increasing cash flow through leasing the remaining vacant units. Opportunities like this in such a highly desirable downtown location don't come around often. Professional photos will be uploaded Wednesday. Call today to schedule your private tour before it's gone!

Location

State PA

County York

Area York City (15201)

Zoning CBD

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C, Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District York City

Others

Tax ID 03-041-01-0024-00-00000

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Learn More About LPT Realty

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118 N GEORGE ST