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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
25
Photos
4
beds
2
baths
2,260
sqft
Built in
1954
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 & Amenities
Interior
- Basement:
- Full
- A/C:
- None
- Heating:
- Y, Hot Water, Oil
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Other
Construction
- General:
- Frame, 2, Concrete Perimeter
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- MANHEIM CENTRAL
- County:
- LANCASTER
Lot
- Zoning:
- D-1 LTD COMM, 500-68774-0-0000
- Current Use:
- 113
Utilities
- Water:
- Public
- Sewer:
- On Site Septic
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Iron Valley Real Estate, Nichole Lynn Shultz
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Manheim, PA
Housing
- Number of Units
- 10,392
- Median Home Value
- $215,605
- Median Rent
- $897
18.55% of housing units are renter occupied.
6.59% are vacant.
Commute
- Car
-
79.08%
- Public Transportation
-
0.55%
- Walk to Work
-
1.84%
- Work from Home
-
18.30%
- Other
-
0.22%
The median travel time to work is 20 minutes.
People
- Population
- 24,403
- Median Age
- 42.60
- Median Household Size
- 2.65
Education
- High School
-
37.47%
- Associate’s Degree
-
8.79%
- Bachelor’s Degree
-
17.60%
- Graduate Degree
-
10.10%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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