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… Read More districts. Surrounded by popular restaurants, breweries, coffee shops, boutiques, nightlife, and countless local businesses, the property is also just minutes from WellSpan Park, the Appell Center for the Performing Arts, and Central Market. Annual rents and CAM total $100,140. The property features two commercial storefronts leased to the same long-term tenant for $3,095 per month, with an additional $500 per month in CAM. The lease runs through November 2028 and includes annual rent increases, providing built-in income growth. The residential portion consists of four fully rented apartments, including three two-bedroom units currently leased for $900, $1,500, and $1,500 per month, along with an efficiency unit rented for $850 per month. With annual operating expenses of approximately $5,000 for insurance and $5,000 for utilities, this property offers strong income in a highly desirable downtown location while giving investors the opportunity to capitalize on York's continued revitalization and growth. Opportunities like this in the heart of Downtown York don't come around often. Professional photos will be uploaded Wednesday. Call today to schedule your private tour before it's gone! Read Less
Courtesy of Spencer Blake, Renaissance Realty Sales, LLC 717-881-3037
Listing Snapshot
Days Online
57
Last Updated
Property Type
Other
Lot Size
0.1 Acres
Year Built
1900
MLS Number
PAYK2109094
Additional Details
Basement
Partial
Building
Built in 1900, 3 stories, Construction Materials: Brick
Cooling
Central A/C, Window Unit(s)
Accessibility Features
None
Foundation
Block
Heating
Forced Air
Lot
0.1 acres
Property
Other structures: Above Grade, Below Grade
Sewer
Public Sewer
Taxes
Annual Amount: $11,494, Lot: 0024, Year: 2026, Zoning: CBD, Zoning description: Central Business District
Utilities
Water Source: Public
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