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Prime Investment or Owner User Opportunity in the Heart of Manheim's Central Business District. Join the ranks of prominent local businesses like Waltz Vineyard, Spooky Nook, Roots Market, Prussian Street Arcade, and more! This exceptional historic property, formerly the Sentinel Print House, combines charm with modern upgrades. It offers two commercial units in a 6,800+ SF building, located in the Commercial Business District (CBD), zoned industrial for maximum flexibility. In a high-traffic area with 8,000 vehicles passing daily, the property offers exceptional versatility for a wide range of business types and uses. It sits next to the newly opened REO Marketplace, featuring a retail store, bar/pub, ice cream shop, wine tasting room, and coffee shop. Key Features & Improvements: New roof, exterior and interior paint, new furnace/AC in both units, newly installed LVP floors, 20 Kw solar system generating approximately $600/month, with sub-metered units for easy tenant billing, new bay windows in both units, and a loading dock with two garage doors. The rear unit is currently rented to reliable tenants, generating steady income, which can help offset costs while the buyer determines the best use for the front unit. The front unit was originally intended to be an escape room, and the current owner began work on the space but decided to sell before completing it. Additionally, there are ample public spaces for parking in both the front and rear, making it easily accessible for both customers and staff. With its prime location, this property provides an excellent opportunity for a variety of business types, ideal for investors or business owners looking to establish themselves in a thriving community. Priced to sell quickly"”don't miss out on this opportunity!
FORECLOSURE
This listing may be a bank owned (foreclosed) property.
| DAYS ON MARKET | 136 | LAST UPDATED | 10/21/2024 |
|---|---|---|---|
| TRACT | MANHEIM | YEAR BUILT | 1846 |
| COMMUNITY | Manheim Boro (10540) | COUNTY | LANCASTER |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Oct 19, '24 | $554,900 |
|---|---|
| Oct 19, '24 - Oct 21, '24 | $544,900 |
| Oct 21, '24 - Today | $544,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Manheim Boro (10540) |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 7405 sq ft |
| SEWER | Public Sewer |
| SUBDIVISION | MANHEIM |
| TAXES | 5221 |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Street |
| WATER | Public |
| ZONING | Commercial Business District |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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