116 Auction Rd, MANHEIM, PA

$500,000

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4

Beds

2

Baths

2,260

Square feet

0.25

Acres

About 116 Auction Rd

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.

Features of 116 Auction Rd

MLS® # PALA2049518
Price $500,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 2,260
Acres 0.25
Year Built 1954
Type Residential
Sub-Type Detached
Style Other
Status Active

Community Information

Address 116 Auction Rd
Area Penn Twp (10550)
Subdivision MANHEIM AUTO AUCTION
City MANHEIM
County LANCASTER-PA
State PA
Zip Code 17545

Amenities

Is Waterfront No

Interior

Heating Hot Water
Cooling None
Has Basement Yes
Basement Full
Fireplace No
# of Stories 2
Stories 2 Story

Exterior

Exterior Frame
Foundation Concrete Perimeter

School Information

District MANHEIM CENTRAL

Additional Information

Date Listed April 12th, 2024
Days on Market 20
Zoning D-1 LTD COMM
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Listing Agent Nichole Shultz
Listing Office Iron Valley Real Estate
Listing Office Phone 7177692986

Listing Map

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