27 Main StManheim, PA 17545

  • Industrial properties
  • 6,588 SF
For Sale
$544,000 View listing

Property Details for 27 Main St

Year built
1846
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 AC
Property size (Sq ft)
6,588 SF
Zone code
CBD
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
400-07453-0-0000
APU
4000745300000

Description

This exceptional 7,405 square foot mixed-use property in Manheim, PA's central business district presents a remarkable investment or owner-user opportunity. Located on 0.17 acres at 27 N Main Street, this historic building, formerly the Sentinel Print House, boasts two commercial units within a 6,800+ square foot structure. Zoned industrial, it offers maximum flexibility for a wide array of business types. The high-traffic location sees 8,000 vehicles daily, placing it adjacent to the newly opened REO Marketplace, a vibrant hub including retail, food, and beverage establishments. Significant recent improvements include a new roof, exterior and interior paint, new furnace/AC units in both spaces, newly installed LVP flooring, and new bay windows. A 20 kW solar system generates approximately $600 per month in revenue, with sub-metered units for simplified tenant billing. A loading dock with two garage doors adds to the property's functionality. The rear unit is currently leased, providing immediate income potential. The front unit, previously planned as an escape room, is partially renovated and ready for completion or adaptation to a new use. Ample public parking is available both front and rear. Priced at $544,000, this property offers a compelling blend of history, modern upgrades, and a thriving location, making it ideal for investors or business owners seeking a presence in a dynamic community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,163,911
    Hospitality
    $1,066,136
    Educational
    $887,013
    Medical
    $917,519
    Retail
    $1,379,798
27 Main St, Manheim, Pennsylvania

Location Insight

City
Manheim
County
Lancaster
State
Pennsylvania
Latitude
40.1647
Longitude
-76.3954
CBSA code
29540
CBSA name
LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,221
$47,800
$168,900
$216,700
-
$47,800
$168,900
$216,700

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