116 AUCTION RD, MANHEIM, PA 17545, photo 1 of 5
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116 AUCTION RD, MANHEIM, PA 17545, photo 2 of 5
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Listed By Iron Valley Real Estate, Nichole Lynn Shultz

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116 AUCTION RD MANHEIM, PA 17545

$500,000

4

Bedrooms

2

Total Baths

2

Full Baths

2,260

Square Feet

0.25

Acres

1954

Year Built

Active

Status

MLS#

PALA2049518

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.

Details for 116 AUCTION RD

Year Built
1954
Parking
41
Price / Sq Ft
$221
HOA
No Info
Cooling
No
Heating
Yes
On Website
22 Days
Acres
0.25

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office Iron Valley Real Estate, 7177692986

MLS# PALA2049518

Updated 11:55AM - 5/3/2024

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2024 Bright MLS. All rights reserved.

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