116 Auction Road

Manheim, PA 17545

$500,000
Price
4
Beds
2
Baths
2,260 Sq. Ft.
$221 / Sq. Ft.
2,260
Sq. Ft.
$221
per Sq. Ft.

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.
  1. Listed by Nichole Lynn Shultz • Iron Valley Real Estate
    P: 7174507329 nicholeshultz@nicholeshultzrealestate.com

Property Details for 116 Auction Road

Tax ID Number
500-68774-0-0000
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Other
Levels/Stories
2
Waterfront
No

Location

Listing Courtesy of Iron Valley Real Estate
Add your commute
LISTING UPDATED: 04/12/2024 04:04 PM

Property Details for 116 Auction Road

StatusActive
MLS #PALA2049518
Days on Market18
Taxes$3,608 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1954
Lot Size0.25 AC / 10,890 SF
CountyLancaster County

Location

Listing Courtesy of Iron Valley Real Estate
Add your commute

Building Information for 116 Auction Road

Stories2Year Built1954Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$3,029 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$301

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 Auction Road

Location
Location
  • School District Name: MANHEIM CENTRAL
  • School District County ID: 300200397379
  • SchoolDistrictSource: Listing Agent
  • County: LANCASTER
  • MLS Area: Penn Twp (10550)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $177,000
  • Year Assessed: 2023
  • County Tax: $515
  • Improvement Assessed Value: $140,500
  • City Town Tax: $253
  • Land Assessed Value: $36,500
  • Clean Green Assessed: No
  • Land Use Code: 113
  • Zoning: D-1 LTD COMM
  • Zoning Dscrp: Mixed Use, Residential, Limited Commercial, and has special acceptance for car dealership in office space.
  • School Tax: $2,839
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 1
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 1
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Rooms
  • Stories: Main, Upper 1
Building Info
Building Info
  • Total Finished SQFT: 2,260.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 4127671
Parking
Parking
  • Type Of Parking: Driveway, Parking Lot
  • Driveway - # of Spaces: 1
  • Parking Lot - # of Spaces: 40
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Oil
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office

Property History for 116 Auction Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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116 Auction Road is a single family home for sale in Manheim, PA 17545. This property was listed for sale on April 12, 2024 by Iron Valley Real Estate, it's currently listed at $500,000. This listing's school district is Manheim Central School District. Nearby schools include Burgard El School, Manheim Central Middle School and Manheim Central Senior High School. 116 Auction Road is a 4-bed, 2-bath, 2,260 sqft single family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Iron Valley Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.