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116 Auction Road,  Manheim PA, 17545

(Active)
$500,000
|
4 beds, 2 Full baths, 2,260 sqft
|
MLS# PALA2049518
Last Updated: 5/8/2024 1:17 PM
Description for 116 Auction Road Manheim, PA 17545
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.
Price
$500,000
MANHEIM AUTO AUCTION
LANCASTER
4
2 Full
2,260 (approx)
PALA2049518
Active
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.
Listing Information
Property Type: Single Family, 2 Story
4 2 Full
0.25 Acres 2,260 (approx) 1954
2 Frame
MANHEIM AUTO AUCTION
Public
Septic Tank
Neighborhood
School Information
District: MANHEIM CENTRAL
Room Information
Bathrooms
2
Interior Features
1,916 Sq. Ft. Above Ground ,344 Sq. Ft. Below Ground
Electric Water Heater
Oil, Hot Water
Full
Exterior / Lot Features
41 Parking Spaces,
Frame
0.00 x 0.00
Mixed Use, Residential, Limited Commercial, and ha
Driving Directions
From Lancaster, north on Manheim Pike (Route 72), turn right on Auction Rd. ( at Manheim Auto Auction), properties on the right.
Financial Considerations
500-68774-0-0000
$3,608
Listing Price History

Manheim Real Estate

Manheim is located in Pennsylvania. Manheim, Pennsylvania 17545 has a population of 4,942.

The median household income in Manheim, Pennsylvania 17545 is $72,364. The median household income for the surrounding county is $68,791 compared to the national median of $66,222. The median age of people living in Manheim 17545 is 40 years.

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Courtesy: Iron Valley Real Estate
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/8/2024 1:17 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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