$475,000
Active
81 Days Online
0 Beds0 Baths0 SQFT
Active

116 Auction Road Manheim, PA 17545

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New Price Adjustment** - $475, 000 for the entire property with both parcels – OR - $290, 000 for Parcel (116 Auction Rd) with the Building and $185, 000 for Empty Lot Parcel (104 Auction Rd) Welcome to Auction Rd, where the prime location meets great investment opportunities! This commercial property is a savvy investor's dream, boasting multiple income streams and a strategic location near the Manheim Auto Auction. There is an upstairs 1-bedroom 1-bath unit rented out, then downstairs there is a 3-bedroom 1-bath unit, and finally the office space, complete with a working wood-burning fireplace and its own. 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 seller 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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyLancaster
  • Taxes$3,608
  • HOA/Condo/Coop Fees$0
  • Days on Site81 Days
  • MLS StatusActive
  • MLS ID NumberPALA2047096
  • Home Size Source Assessor
  • Year Built1954
  • Lot Size0.25 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Frame
  • Parking DrivewayParking Lot
  • Sewer Septic Tank
  • Acreage 0.25
  • Water Public
  • Attached Garage No
  • Zoning LIMITED COMMERCIAL

Interior Features

  • Cooling Window Unit(s)Electric
  • Heating Baseboard - ElectricBaseboard - Hot WaterOil

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • MLS Area Penn Twp (10550)

Schools

School District
MANHEIM CENTRAL
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,515
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