116 Auction Road
116 Auction Road
$500,000
4
2
2,260
2,260
$221
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...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.
- Listed by Nichole Lynn Shultz • Iron Valley Real EstateP: 7174507329 nicholeshultz@nicholeshultzrealestate.com
Property Details for 116 Auction Road
Tax ID Number
500-68774-0-0000
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeDetached
StyleOther
Levels/Stories2
WaterfrontNo
Location
LISTING UPDATED: 04/12/2024 04:04 PM
Property Details for 116 Auction Road
Status | Active |
---|---|
MLS # | PALA2049518 |
Days on Market | 18 |
Taxes | $3,608 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Fee Simple |
Year Built | 1954 |
Lot Size | 0.25 AC / 10,890 SF |
County | Lancaster County |
Location
Building Information for 116 Auction Road
Stories2Year Built1954Building Size-Lot Size0.25 AC / 10,890 SF
Payment Calculator
$3,029 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 116 Auction Road
Property History for 116 Auction Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 116 Auction Road
Taxable ValueLand$36,500Additions$140,500Total$177,000
Tax Record2024$3,609 ($301 / month)
Home Facts
Beds4Baths1Total Finished SqFt2,260 SqFtAbove Grade Finished SqFt1,916 SqFtFinished Basement SqFt344 SqFtStories1Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1954ZoningHCCountyLANCASTERAPN500-68774-0-0000
Schools near 116 Auction Road
This home is within Manheim Central School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 4 |
Rating | School | Distance |
---|---|---|
Burgard El School PublicPK to 4 | ||
Manheim Central Middle School Public5 to 8 | ||
Manheim Central Senior High School Public9 to 12 | ||
Stiegel El School PublicPK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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