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Long term tenants and excellent location make this property a great investment! Current NOI of $113,000/year substantiates the 7% Cap Rate Offering. Under valued lease rates have growth potential. Easily accessible location in Manheim Township on Rt 72 (Manheim Pike) just minutes from Rt 30 and Rt 283 interchanges. Tenants include a retail furniture store and an automobile / truck garage. Flexible Business District (B-4) zoning permits various uses including retail, service stations and office buildings. Seller is a licensed Real Estate Salesperson in PA.
| DAYS ON MARKET | 58 | LAST UPDATED | 2/1/2024 |
|---|---|---|---|
| YEAR BUILT | 1949 | COMMUNITY | Manheim Twp (10539) |
| COUNTY | LANCASTER | STATUS | Sold |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Manheim Twp (10539) |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.93 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 0.00 x 0.00 |
| SEWER | Public Sewer |
| TAXES | 15336 |
| UTILITIES | Cable Available, Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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