116 Auction Road Manheim, PA $ 475,000
116 Auction Road
$ 475,000
Share Save

116 Auction Road

Manheim, PA, 17545
$ 475,000
Baths0.0 Sq 3,248

Monthly Estimate*

$ 3,157

116 Auction Road, Manheim, PA 17545 - Image 1
116 Auction Road, Manheim, PA 17545 - Image 2
116 Auction Road, Manheim, PA 17545 - Image 3
116 Auction Road, Manheim, PA 17545 - Image 4
116 Auction Road, Manheim, PA 17545 - Image 5
116 Auction Road, Manheim, PA 17545 - Image 6
116 Auction Road, Manheim, PA 17545 - Image 7
116 Auction Road, Manheim, PA 17545 - Image 8
116 Auction Road, Manheim, PA 17545 - Image 9
116 Auction Road, Manheim, PA 17545 - Image 10
116 Auction Road, Manheim, PA 17545 - Image 11
116 Auction Road, Manheim, PA 17545 - Image 12
116 Auction Road, Manheim, PA 17545 - Image 13
116 Auction Road, Manheim, PA 17545 - Image 14
116 Auction Road, Manheim, PA 17545 - Image 15
116 Auction Road, Manheim, PA 17545 - Image 16
116 Auction Road, Manheim, PA 17545 - Image 17
116 Auction Road, Manheim, PA 17545 - Image 18
116 Auction Road, Manheim, PA 17545 - Image 19
116 Auction Road, Manheim, PA 17545 - Image 20
116 Auction Road, Manheim, PA 17545 - Image 21
116 Auction Road, Manheim, PA 17545 - Image 22
116 Auction Road, Manheim, PA 17545 - Image 23
Studio

Commercial Property for sale in Manheim, PA

for $475,000. This 3,248 square foot building was built in 1954 on a lot size of 0.25.

New Price Adjustment** - $475,000 for the entire property with both parcels OR - $290,000 for Parcel (116 Auction Rd) with the Building and $185,000 for Empty Lot Parcel (104 Auction Rd) Welcome to Auction Rd, where the prime location meets great investment opportunities! This commercial property is a savvy investor's dream, boasting multiple income streams and a strategic location near the Manheim Auto Auction. There is an upstairs 1-bedroom 1-bath unit rented out, then downstairs there is a 3-bedroom 1-bath unit, and finally the office space, complete with a working wood-burning fireplace and its own. 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 seller 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.

See more

Commercial Active

Price

$ 475,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,608

Style

Auto Related

Lot Size

0.25

Year Built

1954

Town/City

Manheim

County/Region

Lancaster

MLS | Web ID

PALA2047096

Features
Interior
Heating Fuel Oil
Hot Water Electric
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N N
See more
General
Sewer On Site Septic
Heating Baseboard - Electric Baseboard - Hot Water
Cooling Window Unit(s)
Possession Settlement
Zoning LIMITED COMMERCIAL
Construction Materials Frame
Year Built 1954
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PENN TWP
Business Type Auto Related
Accessibility None
County LANCASTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From Lancaster north on Manheim Pike (Route 72) turn right on Auction Rd. ( at Manheim Auto Auction) properties on the right.
City MANHEIM
Buyer Agent Compensation 2.5
MLS Area Penn Twp (10550)
Lot Size Units Square Feet
Lot Size Square Feet 10890.00
Waterfront Y/N N
Street Name AUCTION
Tax Annual Amount 3608.0
Price Per Sq Ft Total 146.24
Vacation Rental Y/N N
Days on Market 104
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
See more
Exterior
Water Source Public
Type of Parking Driveway Parking Lot
Water View Y/N N
Building Area Total 3248.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.25
Lot Size Source Assessor
Land Assessed Value 36500.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 116
See more
* Excluded Features
List By
Iron Valley Real Estate

Broker

nicholeshultz@nicholeshultzrealestate.com

Email

Affordability Calculator

$3,458
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,157
Monthly Property Taxes
$301
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/3/2024$475,000 -5.00% Price Down
2/16/2024$500,000 Listed Price

Map


See all

116 Auction Road, Manheim, PA, 17545 is a Commercial Property for sale at $475,000 with 3,248 sqft and a lot size of 0.25. 116 Auction Road is a studio with 0.0 baths and was built in 1954. The property's zip code is 17545 which is in Manheim, PA