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Carol Shugars
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New Holland PA Real Estate & Commercial for Sale


Showing Homes Nearby New Holland, PA
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PALA2044928
Type:
Office, Business Opportunities
Year built:
1965
A broker reciprocity listing Courtesy: High Associates Ltd. ; Phone: 7172934477
View additional info

1,035 SF medical office condo in an established medical office building. Seller operates the eye care practice and will deliver the property vacant. Call to schedule a tour.

Beds:
n/a
Baths:
Sq.Ft.:
22,550
Status:
Active
MLS#:
PACT2059964
Type:
Industrial, Business Opportunities
Lot size:
3.6 Acres
Year built:
1967
A broker reciprocity listing Courtesy: Beiler-Campbell Realtors-Kennett Square ; Phone: 6104447600
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Spacious Warehouse for Sale in the heart of Parkesburg Borough just a walk from the Amtrak Station and adjacent to PA Route 10. This building features a layout that would accommodate various business operations. This 22,500 sf +/- building is equipped with 16-foot ceilings, 14-foot clear ceilings (steel girders), and is seated on 3.6 acres (two parcels included). There are two grade level roll-up doors (10x12) and one truck dock door (8x10). Painted block walls. 3-phase, 1400-amp electric service (1 sub-transformer west side). The office area (20x33) has Central AC. This location is 1 hour from Philadelphia International, half hour to Newark, DE, 45 minutes from Lancaster and just over an hour to Harrisburg. Only 30 minutes to I-76 interchange. This sale includes PA Parcel #08-04-0063.0300 and #08-04-0063.02A0.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PABK2031376
Type:
Mixed Use, Business Opportunities
Lot size:
2.75 Acres
Year built:
1970
A broker reciprocity listing Courtesy: Keller Williams Platinum Realty ; Phone: 6108981441
View additional info

Opportunity! 2.75 acres of private land that could be used for a secluded home with space for a ton of amenities. Or the seller has gone through the process to get plans for 8 single home lots. Plans can be provided upon request. Schedule your appointment today.

Beds:
n/a
Baths:
Sq.Ft.:
22,237
Status:
Active
MLS#:
PALA2036162
Type:
Industrial, Business Opportunities
Lot size:
1.37 Acres
Year built:
2010
A broker reciprocity listing Courtesy: Berkshire Hathaway HomeServices Homesale Realty ; Phone: 7173930100
View additional info

Come take a look at this well-built industrial/office building just outside of Willow Street and Lancaster City! Built from the ground up in 2010! As currently configured, the 22,237 sq ft. building is split between front office space, and rear industrial shop space. The office space provides a large first floor reception area, 4 existing private offices, 2 -bathrooms, and small kitchenette. Heading up to the 2nd floor mezzanine, you will find a large showcase room, with 5-private office spaces, a conference room, 2-bathrooms, and a kitchenette. Additional 2nd floor storage space exists down the hall, with the possibility of additional office space. Floorboards were salvaged from the construction of Urban Place in Lancaster City. Down in the open warehouse you will find a open floor plan to work upon, with 24' ceiling heights, great lighting, and many egress options. 1-grade garage door, and one back-in loading dock for deliveries. Rear of the building contains a wood shop with exhaust systems, and custom paint room. Additionally a 1-bedroom, 2-bathroom residential apartment is located on the 2nd floor rear, with it's own separate entrance. Full kitchen with granite island, large windows for natural light, and washer/dryer in the unit. Plenty of employee parking options on the exterior. In the rear right of the building, cement pylons exist for the construction of a 30' x 70" storage shed. Standing seam metal roof, dbl-poured concrete block, and insulated space for peace of mind for the new owner. Come take a look at this exciting offering today, joining other local businesses in the Willow Street area. Easy access to southern shipping routes, 15 minutes back to RT 30 and RT 283, and 10 minutes away from Lancaster City and Millersville University. Bring your company and your vision to Lancaster County today!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PALA2049874
Type:
Land, Business Opportunities
Lot size:
4.2 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Berkshire Hathaway HomeServices Homesale Realty ; Phone: 7173930100
View additional info

Great opportunity to own 4.2 acres in Pequea Township, and close to downtown Willow Street, PA. This level lot affords many business opportunities with the Industrial Zoning distinction. Join established business in the development such as Clark Food Service Distribution, SA-fe-Manufacturing, and JK Mechanical. Level lot is located at the end of the cu-de-sac, with farmland views in the rear section. Professional drawings and survey completed by Sanchez and Associates, and available in the Documents section to review. Come take a look at this exciting offering today, joining other local businesses in the Willow Street area. Easy access to southern shipping routes, 15 minutes back to RT 30 and RT 283, and 10 minutes away from Lancaster City and Millersville University. Bring your company and your vision to Lancaster County today!

Beds:
n/a
Baths:
Sq.Ft.:
23,270
Status:
Active
MLS#:
PALA2035448
Type:
Industrial, Business Opportunities
Lot size:
1.1 Acres
Year built:
1978
A broker reciprocity listing Courtesy: U.S. Commercial Realty ; Phone: 7177356000
View additional info

Rare opportunity for cooler and freezer warehousing. Equipped for food processing. Renovated in 2017. Tenant occupied through September 30, 2027 with average annual rent of $210,000. Lancaster County Location with less than 2 mile access to Rt. 283 and Rt. 30.

Beds:
n/a
Baths:
Sq.Ft.:
14,580
Status:
Active
MLS#:
PABK2035060
Type:
Business Opportunities
Lot size:
1.34 Acres
Year built:
1970
A broker reciprocity listing Courtesy: Keller Williams Elite ; Phone: 7175532500
View additional info

A great opportunity awaits - seize your chance to secure a profitable investment in this income-generating industrial property. Presently, the property is leased to three well-established tenants, each with written leases in place. These leases come with varying terms, ranging from 1 to 3 years, and will transfer to the new owner. Encompassing an impressive 14,000 square feet of versatile space, this property offers an abundance of room for your business operations or the option to continue reaping the rewards of multiple tenancies. Ample parking facilities are at your disposal, alongside a prime location boasting over 200 feet of road frontage, ensuring exceptional visibility and an ideal environment for your business endeavors. Don't miss out on this unique investment opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PALA2047896
Type:
Mixed Use, Business Opportunities
Lot size:
0.22 Acres
Year built:
1900
Courtesy: A' La Carte Real Estate Svcs
View additional info

Location. Location. Selling location not necessarily income. Real estate with 3 rental units and 3-car garage. Being sold as is. Furniture, equipment, and fixtures included. In business for 45 years, owner retiring. Pizzaeria is in a very busy location: 13,000 traffic count on Rte. 72 (Main St.) and 12,000 traffic count on State Street. Confidential. Non-Disclosure required. Buyer's agent to verify square feet.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PABK2038610
Type:
Business Opportunities
Subdivision:
GREEN HILLS
Lot size:
1.04 Acres
Year built:
1980
A broker reciprocity listing Courtesy: BHHS Homesale Realty- Reading Berks ; Phone: 6103723200
View additional info

Fully Rented out 6 Unit, with additional income through storage! leases and more information upon request

Beds:
n/a
Baths:
Sq.Ft.:
10,500
Status:
Active
MLS#:
PALA2047788
Type:
Office, Business Opportunities
Subdivision:
HEMPFIELD
Year built:
2005
A broker reciprocity listing Courtesy: U.S. Commercial Realty ; Phone: 7177356000
View additional info

Investment opportunity to purchase building leased to Chesterbrook Academy. Tenant just signed a 10 year lease renewal effective March 1, 2024. Price reflects a 7.0% cap rate. Also See MLS #PALA2022002 for adjoining property sale information. Both properties can be purchased for $4,395,000.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PALA2042956
Type:
Business Opportunities
Lot size:
3.2 Acres
Year built:
1994
A broker reciprocity listing Courtesy: PPM Real Estate, Inc. ; Phone: 7173943374
View additional info

Excellent property in an ideal location currently leased to a quality tenant, River Rock Academy, on a triple net lease through 6/30/2030 + Tenant has one 5-year option. Price reflects a 6% cap rate (Est. NOI of $196,303.45). Lease includes annual CPI increases to base rent. | The 15,277sf single story building is situated on a 3.2 acre, mostly impervious, site, with 192 parking spaces. Well maintained, fully sprinklered, gas heat and central air, covered outside patio area in the rear, 3 glass door entrances, nicely finished, windows in all perimeter walls and several interior rooms with glass and sidelights. NO SIGN ON THE PROPERTY. TENANT IS AN OPERATING SCHOOL WITH STUDENTS PRESENT DURING THE DAY. DO NOT VISIT THE PROPERTY DURING SCHOOL HOURS OR SPEAK WITH ANY STAFF. SHOWINGS MAY OCCUR MON-THURS STARTING AT 4:45PM.

Beds:
n/a
Baths:
Sq.Ft.:
16,624
Status:
Active
MLS#:
PALA2050618
Type:
Office, Business Opportunities
Subdivision:
EAST HEMPFIELD TWP
Lot size:
2.5 Acres
Year built:
1991
A broker reciprocity listing Courtesy: RE/MAX SmartHub Realty ; Phone: 7172084444
View additional info

Exceptional Opportunity in East Hempfield at Intersection of Running Pump Road and Columbia Avenue with over 17,000 daily vehicle count. This contemporary office/professional/medical building features +/- 16,624 SF with the potential for separate tenant spaces. The first floor features an ample waiting room with welcoming reception, office/exam/counseling rooms, a large bullpen area suitable for workstations or an open work environment, a 1272 SF mezzanine, rest rooms, and a break area. The lower level is at grade with windows on three sides and features an ample waiting area with welcoming reception, office/exam/counseling rooms, open collaboration workspace, and rest rooms. The outdoor space features 65+ illuminated parking spots with entrance/exit from both Columbia Avenue and Running Pump Road, and mature trees/landscaping. Don't Delay, Call and Schedule your Tour Today.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PABK2029476
Type:
Land, Business Opportunities
Lot size:
1.66 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Keller Williams Platinum Realty ; Phone: 6108981441
View additional info

1.66 Acre Lot (Full Block Zoned Town Center) in PRIME LOCATION with 314 Foot Frontage Along U.S. Rt. 422 (16,000 Vehicles per Day) with 2 Traffic Signals and 2 Side Streets (Werner Street & Stitzer Avenue) with Drive-Thru Potential for Fast-Food, Pharmacy, or Other Retail. Ideal for Restaurant, Convenience Food Store, Retail, Office, Residential, or Mixed Uses with Highly Visible Signage Opportunities. Town Center Zoning Allows for 60% Building Lot Coverage with 20-Foot Building Set-Back Off of Penn Avenue (U.S. Rt. 422). LONG-TERM GROUND LEASE AVAILABLE.

Beds:
n/a
Baths:
Sq.Ft.:
8,000
Status:
Active
MLS#:
PABK2017790
Type:
Business Opportunities
Lot size:
0.41 Acres
Year built:
1890
A broker reciprocity listing Courtesy: Pagoda Realty ; Phone: 6109857700
View additional info

42 Unit Historic Rooming House in Wernersville Borough, known as The Penn Werner, including 2 commercial spaces (A Cafe and a Vacant Restaurant / Bar with a full kitchen), 36 parking spaces, 2 parking lots and a Dry Cellar in the lower level. The sale also includes the property and lot across the street at 25 Stitzer Ave. Extremely desirable location. Great cash flowing, turn key investment property as the exterior, common areas and most of the units have been remodeled. Also a package of 5 Berks County Laundromats available for sale individually or in a package deal. Please reach out for additional details. Schedule your showing today! All Offers Are Welcomed!

Beds:
n/a
Baths:
Sq.Ft.:
4,899
Status:
Active
MLS#:
PALA2050100
Type:
Industrial, Business Opportunities
Lot size:
4.02 Acres
Year built:
1860
A broker reciprocity listing Courtesy: U.S. Commercial Realty ; Phone: 7177356000
View additional info

This unique property is situated in the commercially zoned area of East Hempfield Township, adjacent to new Penn State Health Hospital, across from Kellogg plant. It features a historic house and a large commercial building. The house is modern and well maintained, with a large basement and ground floor walkout, as well as a loft apartment over the garage. The commercial building features a 3-story finished office space, large garages with roll-up doors and loading access, and a large barn for storage or warehousing. Perfect for an investor or home business

Beds:
n/a
Baths:
Sq.Ft.:
8,430
Status:
NEW LISTING
MLS#:
PALA2050962
Type:
Office, Business Opportunities
Lot size:
2.55 Acres
Year built:
1978
A broker reciprocity listing Courtesy: PPM Real Estate, Inc. ; Phone: 7173943374
View additional info

Commercial property close to Millersville University & Penn Manor High School: 8,430+/- sq. ft. single story building on 2.55 acres. Currently occupied by the Seller, Lancaster Emergency Services, the building offers office and garage/warehouse space. Office areas include full residential kitchen, 2 restrooms with showers, large open areas, training room, plenty of storage and admin space. The garage/warehouse features 4 automatic garage doors, floor drains, gas heat and sprinkler system. 28 parking spaces in the onsite paved parking lot. Plenty of electric - 400 amps (single phase) and a back-up generator (gas). Seller is relocating in January 2025 and is open to sale/leaseback or hold settlement upon move-out. Zoned R1 Low Density, current use is non-confirming. Seller will be adding a deed restriction prohibiting emergency services at this address. Sale includes two parcels (440-30740-0-0000 & 440-37924-0-0000) for a total of 2.55 acres. See documents for brochure and commercial information sheet.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PABK2035494
Type:
Land, Business Opportunities
Subdivision:
WEST LAWN
A broker reciprocity listing Courtesy: RE/MAX Of Reading ; Phone: 6106702770
View additional info

State highway exposure is available along Penn Avenue in Spring Township, West Lawn PA. This 1/2 plus acre lot is offered FOR SALE as well as a ground lease to allow funding a users custom improvements for this rarely available spot with great rooftop numbers and demographics. Join, Wawa, Domino's, Redner's, Wells Fargo Bank, New York Bagelry, Papa Johns, and many many more established businesses along Penn Avenue in West Lawn. With 150 of frontage and a good clear sight from the lots front, this location has both visibility and accessibility. Uses by right in the Penn Avenue Commercial District in Spring Township include: Adult day care, Ambulatory surgical center, Animal hospital, Art and Photography studio, Beverage Distributor, Bakery, Catering establishment, Community center, Construction company, Convenience store, Copy center, Cultural center, Financial establishment, Food stand, Funeral Home, Health club , Medical center, Indoor club or lodge, Nursery school or day care, Office, Personal service establishment, Petr grooming establishment, Recreation, municipal, Restaurant, fast food, Retail store. Check with Spring township for details on Zoning use and questions. Owner Financing available to qualified buyers, up to 65 percent, LTV. See document attached with details of PPL Right-Of-Way.

Beds:
n/a
Baths:
Sq.Ft.:
3,248
Status:
Active
MLS#:
PALA2047096
Type:
Business Opportunities
Lot size:
0.25 Acres
Year built:
1954
A broker reciprocity listing Courtesy: Iron Valley Real Estate ; Phone: 7177692986
View additional info

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. Currently generating $3,000 per month in rental income, this property consists of three distinct units, each contributing to the incoming cash flow. The upstairs 1-bedroom 1-bath unit rents for $800, the downstairs 3-bedroom 1-bath unit rents for $1,250, and the office space, complete with a working wood-burning fireplace and its own bathroom rents for $950. 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.

Beds:
n/a
Baths:
Sq.Ft.:
2,783
Status:
Active
MLS#:
PABK2041726
Type:
Business Opportunities
Lot size:
0.48 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Century 21 Gold ; Phone: 6107792500
View additional info

Well established Restaurant and Tavern for over 65 years with "R" Liquor License and its own private rear parking lot which can accommodate 29 vehicles. The restaurant seats approximately 60-65 people. There are also tables and chairs in the bar area in addition to 13 bar stools. The bar is well stocked with everyone's favorite liquor and beers and also has a 6 handle draft system. The dining room consists of several tables and chairs that can be configured for a quiet dinner or rearranged for a private function. There is a gas fireplace in the dining room for additional ambiance. Currently the restaurant is open Thursday-Saturday, but has the potential to be open 7 days a week with an "R" Liquor License. The restaurant boosts a full kitchen with, 6 burner gas stove/oven, broiler. steam table, deep fryer, dishwasher, 2 bay sink, handwashing sink, bain-marie, stand alone refrigerator and freezer, as well as a walk in fridge and walk in freezer. All items will convey with the sale of the real estate as they are owned and not leased. All cookware, dishes, glasses and shelving for storage will also convey with the sale. Patrons can also enjoy their dinner and libations on the outdoor patio. The patio can accommodate another 20-25 people. The second floor is currently being used as a cigar lounge that is open Tuesday-Saturday. It features a well stocked humidor and the opportunity to indulge in a top shelf cocktail while enjoying your premium cigar. There is a full bar upstairs that is covered with the "R" Liquor license as well. It has been rented for private events, meetings, etc. with Wi-Fi availability.Next to the restaurant is a detached 3-4 bedroom home which is on the same deed but has its own tax ID# that is currently rented. There is also an additional free standing, 2 story building/workshop roughly 22' x 28' located in the rear of the parking lot. This building has it's own electric, water/sewer and heat. It would be an ideal location for a contractor, plumber or anyone else in the trades business, as well as a professional business. Currently this building is not rented. Rent alone for these properties has the potential to bring in revenues of $50,000+/year. The taxes, assessed values and acreage reflect both Tax ID #s.

Beds:
n/a
Baths:
Sq.Ft.:
10,165
Status:
NEW LISTING
MLS#:
PACT2065950
Type:
Mixed Use, Business Opportunities
Lot size:
0.1 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Lexington Real Estate Partners, LLC ; Phone: 6104294600
View additional info

For sale is a newly renovated mixed use building in the heart of downtown Coatesville. Situated just off the main intersection and flanked by the new Steel City Brew Pub and Steak and Seafood restaurant on each side. Across the street sits the historic Iron Eagle restaurant , Luken Steel and Presence Bank. 126 E Lincoln Hwy is in the center of the town's best properties.This is a great opportunity to own a piece of history and claim your stake in the revitalized city of Coatesville. The building went through an intense renovation in 2023. Most of the HVAC, plumbing, flooring and fixtures are only months old. The 7 units are fully leased including 6 apartments across the 2nd and 3rd floor and a large 3,000 SF retail unit at the ground level. The property is a great investment not only for the income it produces; but also a great piece to hold onto as the city grows. The new Coatesville train station is being finished with increased lines to Philadelphia and a possible sports complex is on the horizon.

Beds:
n/a
Baths:
Sq.Ft.:
5,728
Status:
Active
MLS#:
PACT2064124
Type:
Retail, Business Opportunities
Subdivision:
NONE AVAILABLE
Lot size:
0.11 Acres
Year built:
1900
A broker reciprocity listing Courtesy: RE/MAX Action Associates ; Phone: 6103632001
View additional info

Commercial Property with 2 Units Side by Side with Off Street Rear Parking and Alley Access!! Great Opportunity in Downtown Coatesville on Business Route 30!! Currently Occupied by Cricket Mobile and Top Notch Repair. The Building Size is 5,728 Square Feet and Low Property Taxes of $1,831. Central Air Heat Pump, Each Unit has a Powder Room and Unfinished Basement for Storage. The Property is Part of the Downtown Coatesville Revitalization Plan. This Plan Works to Preserve and Celebrate the Essence of Coatesville's Rich Heritage while Improving Public Spaces, Enhance Downtown Residential Options and Promote Downtown Amenities and Attractions.

Beds:
n/a
Baths:
Sq.Ft.:
39,610
Status:
Active
MLS#:
PALA2046294
Type:
Office, Business Opportunities
Lot size:
2.68 Acres
Year built:
1997
A broker reciprocity listing Courtesy: Bennett Williams Realty, Inc. ; Phone: 7178435555
View additional info

Attractive 39,610 S/F 3/4 story Professional Office Building Available For Sale on 2.68 acres. Price, terms, and conditions subject to any renegotiation of master tenants current lease. Master Tenant may shrink current footprint or exit 12/01/2026, allowing for any new buyer/tenant use and occupancy . 2024 Projected NOI $571,570. 145 parking spaces. Owner Financing Available for qualified buyer.

Beds:
n/a
Baths:
Sq.Ft.:
9,730
Status:
Active
MLS#:
PABK2041050
Type:
Retail, Business Opportunities
Lot size:
0.56 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Century 21 Gold ; Phone: 6107792500
View additional info

Welcome to 633 E Lancaster Avenue, a prime commercial property nestled in the heart of the bustling Lancaster Avenue corridor. Boasting a strategic location and an array of desirable features, this investment opportunity presents a lucrative prospect for savvy investors seeking high income-producing assets. Situated on the vibrant Lancaster Avenue corridor, this property enjoys maximum exposure to high traffic flow, ensuring exceptional visibility and accessibility for businesses. Spanning an expansive 9760 square feet, the building offers ample space to accommodate various commercial endeavors. Additionally, the property rests on a generous .56-acre lot, providing substantial room for expansion or development. With over 40 parking spaces available, convenience is prioritized for customers and tenants alike, enhancing the property's appeal and accessibility. Currently leased to a reputable Collision Center, the property benefits from a stable income stream. Furthermore, the tenant assumes responsibility for water, sewer, taxes, and utilities, alleviating the landlord of additional operational costs. This property presents a compelling addition to any investment portfolio, boasting high income-producing potential fueled by its prime location and established tenant. With its strategic location, sizeable footprint, and attractive lease terms, 633 E Lancaster Avenue represents an enticing investment opportunity for discerning investors. Whether seeking to diversify an existing portfolio or capitalize on the thriving commercial landscape of Lancaster Avenue, this property promises enduring value and lucrative returns. Don't miss out on the chance to secure a foothold in one of the region's most coveted commercial corridors. Schedule a viewing today and seize the opportunity to elevate your investment portfolio with this exceptional property.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PABK2031256
Type:
Land, Business Opportunities
Lot size:
0.65 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Century 21 Gold ; Phone: 6107792500
View additional info

Great opportunity to develop this lot that is currently zoned CH (Commercial Highway District). Bring your plans and imagination to this location. Many available uses-(check with zoning)

Beds:
n/a
Baths:
Sq.Ft.:
14,276
Status:
Active
MLS#:
PALA2049778
Type:
Mixed Use, Business Opportunities
Subdivision:
MANHEIM
Lot size:
0.33 Acres
Year built:
1876
A broker reciprocity listing Courtesy: Coldwell Banker Realty ; Phone: 7177358400
View additional info

Amazing investment opportunity in the heart of Manheim! Ability to rent out 28 to 30 units with 10-11% Cap Rate (including fix up cost & debt service).....Formally known as the Summy House, this historic property is comprised of two separate buildings on one parcel. The front building along Rt. 72 features 1 apartment in the basement, 3 commercial spaces on the 1st floor (formally the Sink Restaurant & Bar) and 2 office/studio spaces, the 2nd and 3rd floor was used as a residential boarding house with 19 bedrooms, 3 bathrooms, and 2 kitchens. In addition, a separate apartment built on rear of main building and an additional fully occupied 5-unit apartment building that sits along Wolf St. This is 1 of 2 boarding houses that owners have in Manheim. (See pro-forma of Washington House currently filled) These buildings have been cash cows for them with waiting lists to fill any vacancies. Main building is currently condemned from a fire and needs repaired before renting again to all units. Structural fire damage is contained to 2-3 bedrooms and some smoke damage throughout other parts of 1st and 2nd floor. The 1st floor and 3rd floor was virtually unaffected except for smoke smell. Rear parking lot has 15 parking spaces, with 2 additional spaces in front of the 5-unit building, for a total of 17 spaces. See supporting docs for repair costs, financial analysis, building layouts.....this will not last long, schedule your showing today!

BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.

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