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116 Auction Road, Manheim, PA 17545-9743 $500,000

Beds/Baths: 4/2
Interior Sq. Ft: 2,260
Acreage: 0.25
Age:70 years
Style:
Other
MLS#: PALA2049518
Subdivision: Manheim Auto Auction
Design/Type:
Detached

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 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.

Taxes: $3,608
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2.5 % Of Gross
Garage: N
Basement: Y
Pool: No Pool
School Dist: Manheim Central
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Utilities
Hot Water Heating, Oil, None, None, Hot Water - Electric, Public Water, On Site Septic

Garage/Parking
Driveway, Parking Lot

Interior
Full Basement

Exterior
Concrete Perimeter Foundation, Frame Exterior

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (8 schools)

School District Grades Place Distance
Baron Elementary School Manheim Central School District Preschool–4 Manheim 1.89 mi
Doe Run Elementary School Manheim Central School District K–4 Manheim 2.5 mi
East Petersburg Elementary School Hempfield School District K–6 East Petersburg 3.47 mi
Reidenbaugh Elementary School Manheim Township School District K–4 Lititz 3.48 mi
Landisville Pri Center Hempfield School District K–3 Landisville 3.95 mi
Lititz Elementary School Warwick School District K–6 Lititz 4.42 mi
Kissel Hill Elementary School Warwick School District Preschool–6 Lititz 4.8 mi
Bucher School Manheim Township School District K–4 Lancaster 4.87 mi

Public Middle (4 schools)

School District Grades Place Distance
Manheim Central Middle School Manheim Central School District 5–8 Manheim 2.42 mi
Warwick Middle School Warwick School District 7–9 Lititz 3.73 mi
Landisville Intrmd Center Hempfield School District 4–6 Landisville 4.07 mi
Landisville Middle School Hempfield School District 7–8 Landisville 4.09 mi

Public High (3 schools)

School District Grades Place Distance
Manheim Central Senior High School Manheim Central School District 9–12 Manheim 2.17 mi
Hempfield Senior High School Hempfield School District 9–12 Landisville 3.65 mi
Warwick Senior High School Warwick School District 9–12 Lititz 3.92 mi

Private (13 schools)

School Grades Place Distance
Sporting Hill Mennonite School Mennonite 1–10 Manheim 1.1 mi
Sporting Valley School Amish 1–8 Manheim 1.43 mi
Sporting Hill Christian School Mennonite 1–10 Manheim 1.7 mi
Manheim Christian Day School Christian (no specific denomination) Preschool–8 Manheim 2.84 mi
Old Line Amish School Amish 1–8 Manheim 2.94 mi
Wee Care Day School Nonsectarian Ungraded East Petersburg 3.24 mi
Clearview Mennonite School Mennonite 1–8 Manheim 3.57 mi
Lime Rock School Amish 1–8 Lititz 3.94 mi
Lititz Christian School Christian (no specific denomination) K–12 Lititz 4.09 mi
Linden Hall Other 6–12 Lititz 4.66 mi
Eby Chiques School Amish 1–8 Mount Joy 4.68 mi
Montessori Academy Of Lancaster Nonsectarian Preschool–6 Lancaster 4.71 mi
Chesterbrook Academy Nonsectarian Preschool–K Lancaster 4.81 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Manheim (17545), Pennsylvania.

Community Quick Facts

  • Average travel time to work for people in this community: 22
  • Average salary of people in this community: $44,480

Community Summary

  • Population Density (ppl / mile): 305
  • Household Size (ppl): 2.64
  • Households w/ Children: 61%

Housing Inventory

  • Owned: 6,487 (76.9%)
  • Rented: 1,676 (19.9%)
  • Vacant: 277 (3.3%)
  • Total: 8,440

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 21,792
Households: 8,163
Median Age: 42.30

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 6.3%
  • Some High School: 7.4%
  • High School Graduate: 42.4%
  • Some College: 12.4%
  • Associate Degree: 8.2%
  • Bachelor's Degree: 15.7%
  • Graduate Degree: 7.6%

Income by dollar range

Median Income: $65,999

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,070
  • One Bedroom: $824
  • Two Bedroom: $896
  • Three Bedroom: $1,135
  • Four Bedroom: $1,114

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Iron Valley Real Estate , (717) 769-2986, contracts@ironvalleyrealestate.com

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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 5/01/2024.

116 Auction Road, Manheim, PA 17545-9743

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