$500,000
Active
23 Days Online
4 Beds2 Baths2,260 SQFT
Active

116 Auction Road Manheim, PA 17545

View all 25 Photos
Static map
Map

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.

  • Property TypeSingle Family Home
  • NeighborhoodManheim Auto Auction
  • CountyLancaster
  • Taxes$3,608
  • HOA/Condo/Coop Fees$0
  • Days on Site23 Days
  • MLS StatusActive
  • MLS ID NumberPALA2049518
  • Home Size Source Assessor
  • Year Built1954
  • Lot Size0.25 Acres
  • Full Baths2
  • Partial BathsN/A

Sell your house quickly!

Get multiple potential cash offers for your home. Fast and hassle-free!

Learn More

Recent Activity For 116 Auction Road Manheim, PA 17545

3 weeks ago
3 weeks ago

Don't miss a thing!

Get updates on new activity for this listing

General Features

  • Style Other
  • Construction Frame
  • Parking DrivewayParking Lot
  • Sewer Septic Tank
  • Basement Full
  • Number of Stories 2
  • Acreage 0.25
  • Water Public
  • Zoning D-1 LTD COMM
  • Property Sub Type Single Family Residence
  • Attached Garage No
  • Foundation Concrete Perimeter

Interior Features

  • Cooling None
  • Heating Hot WaterOil
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • Senior Community No
  • MLS Area Penn Twp (10550)

Schools

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

Mortgage Calculator

Monthly Payment (Est.)

$2,721
Copyright ©2024 Information is deemed reliable but not guaranteed.

Listings Nearby 116 Auction Road Manheim, PA 17545