Thank you
Nichole Lynn Shultz
Iron Valley Real Estate
717-769-2986
Welcome to Auction Rd, where the perfect blend of prime location and lucrative business potential awaits! This commercial property isn't just an investment; it's a golden opportunity for an owner-operator to live and thrive in the heart of Manheim's bustling business district. This is conveniently located, and you would be steps away from your office space. This limited commercial property is in a strategic location near the Manheim Auto Auction. There upstairs 1-bedroom 1-bath unit and there is a downstairs 3-bedroom 1-bath unit, as well as an office space, complete with a working wood-burning fireplace and its own bathroom. All leases are on a month-to-month basis, allowing the new owner the flexibility to adjust arrangements if needed. The limited commercial zoning, with a special exception for a car dealership, adds a layer of versatility to the property, while also being a great option for other various business ventures. Noteworthy is the fact that the property is parceled as two lots. The removal of an old home on lot 104 was necessitated by a collapsing basement wall, presenting the opportunity for new construction if desired on this lot as well. The opportunity to either purchase the entire property and use as one or develop the second plot enhances the investment potential. This is a strategic investment opportunity that guarantees immediate returns with existing tenants while also providing an excellent platform for a business to thrive given the proximity to the auto auction and other local business in the Manheim area. While also being positioned to capitalize on the constant flow of business in the area. Don't miss out on this exceptional opportunity – seize the moment while the sellers has a sudden opportunity out of state. They are selling 104, 116 Auction Rd that are great income properties for him as well as 26 Hart St in Manheim. If you are looking to expand your portfolio currently, don't miss the chance to explore this promising opportunity.
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Total Bedrooms : 4
Master Bedroom Level: 3
Total Bedroom (Upper): 1
Bedroom Upper Level 1: 1
Total Baths: 2
Full Baths: 2
Water Source : Public
Basement Description: Full
Cooling: None
Heating: Hot Water
Cooling Fuel: None
Heating Fuel: Oil
Year Built: 1954
Structure: Detached
New Construction: No
Built: 1954
Construction Material: Frame
Foundation/Basement: Concrete Perimeter
Architecture: Other
Pool/Private: No Pool
Pool: No Pool
Sewer: On Site Septic
Water Heat: Electric
Lot Size: 10,890
Dimensions: 0.00 x 0.00
Lot Size (Acres): 0.25
Architectural Style: Other
Main Square Feet: 10,890
SQ ft: 2,260
SQ ft (Living Area): 2,260
Total Lot SQ ft: 10,890
Subdivision: MANHEIM AUTO AUCTION
Appx. Lot Dimensions: 0.00 x 0.00
Total Acreage: 0.25
New Construction: No
Type: Other
Possession: Settlement
Days Of Market: 2
Annual Tax: $3,608
Tax Year: 2022
Total Taxes Payment Frequency: Annually
Settlement
Taxes Assessment Amount: $177,000
Total Parking Spaces: 41
Parking Lot - # of Spaces: 40
Parking Type: Driveway,Parking Lot
Has Garage: N
Direction: From Lancaster, north on Manheim Pike (Route 72), turn right on Auction Rd. ( at Manheim Auto Auction), properties on the right.
School District: MANHEIM CENTRAL
Water Source: Public
Sewer: On Site Septic
Cooling Fuel: None
Heating Fuel: Oil
Hot Water: Electric
Direction: From Lancaster, north on Manheim Pike (Route 72), turn right on Auction Rd. ( at Manheim Auto Auction), properties on the right.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
45 Jamesfield Place (ho.., Manheim, PA,17545 | $2,835,000 | -- | -- | -- | 122403.6 Sqft |
101 Jamesfield Place (h.., Manheim, PA,17545 | $2,835,000 | -- | -- | -- | 109335.6 Sqft |
119 Jamesfield Place (h.., Manheim, PA,17545 | $2,865,000 | -- | -- | -- | 102801.6 Sqft |
102 Jamesfield Place (h.., Manheim, PA,17545 | $3,125,000 | -- | -- | -- | 88250 Sqft |
78 Jamesfield Place (ho.., Manheim, PA,17545 | $3,125,000 | -- | -- | -- | 111513.6 Sqft |
Auction Road , Manheim, PA,17545 | $500,000 | -- | -- | 435,600 | 435600 Sqft |
Back Run Road , Manheim, PA,17545 | $169,900 | -- | -- | 117,612 | 117612 Sqft |
2856 Zink Road , Manheim, PA,17545 | $365,000 | 2 | 1 | 1,130 | 87120 Sqft |
8 E Doe Run Road , Manheim, PA,17545 | $136,549 | -- | -- | 601,128 | 601128 Sqft |
989 White Oak Road , Manheim, PA,17545 | $370,000 | 3 | 1.0 | 1,668 | 25700 Sqft |
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ByOwner last updated this listing 04/29/2024 @ 19:03
MLS: PALA2049518
LISTED BY: Nichole Lynn Shultz , Iron Valley Real Estate
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.