Lancaster, PA 17601,1264-1266 MANHEIM PIKE
Lancaster, PA 17601,1264-1266 MANHEIM PIKE
Lancaster, PA 17601,1264-1266 MANHEIM PIKE
30
Listed by Thomas M McDermott • NAI Commercial Partners, Inc.
Bought with Curvin Horning • Kingsway Realty
$1,625,000
$1,615,000
0.6%
Est.Price: ?

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13,750 SqFt

1264-1266 MANHEIM PIKE Lancaster, PA 17601

Est. payment /mo
SOLD DATE : 01/30/2024

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Annie & Nikki The Busy Blondes

Annie & Nikki The Busy Blondes

+1(202) 841-7601

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,625,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 13,750 sqft

Price per Sqft $118

MLS Listing ID PALA2044528

Sold Date 01/30/24

Year Built 1949

Annual Tax Amount $15,336

Tax Year 2022

Lot Size 0.930 Acres

Acres 0.93

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

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.

Location

State PA

County Lancaster

Area Manheim Twp (10539)

Zoning BUSINESS DISTRICT B-4

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Concrete

Heat Source Natural Gas

Exterior

Garage Spaces 38.0

Utilities Available Natural Gas Available, Cable TV Available, Phone Available, Sewer Available, Water Available, Electric Available

Water Access N

Roof Type Flat,Rubber

Accessibility No Stairs

Total Parking Spaces 38

Garage N

Building

Lot Description Corner, Flood Plain, Level, Road Frontage

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Manheim Township

Others

Tax ID 390-66706-0-0000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Annie & Nikki The Busy Blondes

Agent | License ID: 0225062488

+1(202) 841-7601

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