116 Auction Rd, Manheim, PA 17545

$500,000
4
BD
2
BA
1,916
SqFt
List Price
$500,000
Days on Market
36
Status
ACTIVE
MLS#
PALA2049518
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,916
Lot Size (Acres)
0.25
Style
Other
Year Built
1954
County
Lancaster
School District
Manheim Central

Property Description

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.

Additional Information

Area
Penn Twp (10550)
Subdivision
Manheim Auto Auction
Taxes
$3608
School District
Manheim Central
Heating
Hot Water
Heating Fuel
Oil
Cooling
None
Water
Public
Sewer
On Site Septic
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Iron Valley Real Estate. Contact: (717) 769-2986