Address
116 Auction Road, Manheim, PA
Price
$ 500,000
Property Attributes
- MLS#PALA2049518
- TypeSingle Family
- CountyLANCASTER
- CityManheim
- AreaPenn Twp
- NeighborhoodManheim Auto Auction
- Zip17545
- Style
- Year Built1954
- Taxes$ 3608
- Price$ 500,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2260
- Lot Size0.25 Acres
Data Source:
Bright MLS
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.
| Price History | |
|---|---|
| 4/12/2024 | Listed $500,000 |
General Features
| Sewer | On Site Septic |
|---|---|
| Heating | Hot Water |
| Cooling | None |
| Possession | Settlement |
| Zoning | D-1 LTD COMM |
| Architectural Style | Other |
| Construction Materials | Frame |
| Year Built | 1954 |
| Levels | 2 |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | LANCASTER |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | MANHEIM AUTO AUCTION |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | From Lancaster,north on Manheim Pike (Route 72),turn right on Auction Rd. ( at Manheim Auto Auction),properties on the right. |
| ModificationTimestamp | 2024-05-17T04:26:35 |
| City | MANHEIM |
| Buyer Agent Compensation | 2.5 |
| Senior Community Y/N | No |
| Zoning Description | Mixed Use,Residential,Limited Commercial,and has special acceptance for car dealership in office space. |
| MLS Area | Penn Twp (10550) |
| Lot Size Square Feet | 10890.00 |
| Tax Assessed Value | 177000.0 |
| Waterfront Y/N | No |
| Street Name | AUCTION |
| Tax Annual Amount | 3608.0 |
| Structure Type | Detached |
| Condo/Coop Association Y/N | No |
| Bathrooms Full Main Level | 1 |
| Bathrooms Count Main Level | 1.00 |
| Price Per Sq Ft Total | 260.96 |
| Vacation Rental Y/N | No |
| Total SQFT | 2260 |
| Days on Market | 36 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Basement | Full |
| Hot Water | Electric |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1916 |
| Full Baths | 2 |
| Street Suffix | ROAD |
| Central Air Y/N | No |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 344 |
| Main Level Bedrooms | 3 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT Source | Assessor |
| Below Grade Finished Area Source | Assessor |
| Bedrooms Count All Upper Levels | 1 |
| Bedrooms Count Upper Level 1 | 1 |
| Bathrooms Full Upper Level 1 | 1 |
| Bathrooms Full All Upper Levels | 1 |
| Bathrooms Count Upper Level 1 | 1.00 |
| Bathrooms Count All Upper Levels | 1 |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 41 |
| Type of Parking | Driveway,Parking Lot |
| Land Use Code | 113 |
| Foundation Details | Concrete Perimeter |
| Water View Y/N | No |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 0.25 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 36500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Parking Lot - # of Spaces | 40 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 17545
Price
Taxes
Visits
Year Built
© BRIGHT, All Rights Reserved
