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773 Manor Street

LANCASTER, PA 17603
  • $895,000
  • STATUS: Active
  • ON SITE: 88 Days
  • ID#: PALA2045832
UPDATED: 117 min ago
$895,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1952
County:

School Ratings & Info

School District:

Description

Fantastic opportunity to own an income producing building with two possible rental units zoned C-2. There are two parcels included in the sale. 773 Manor St. (338-02483-0-0000) and 774 Crystal St. (338-98651-0-0000) The front unit has been rented to a national pizza chain for about 35 years. The lease is for $3027.77 per month. The tenant is also responsible for all utilities, taxes and repairs. The rear unit was rented to a daycare for $1500 until a few years ago. This figure was used in the total income that is listed. The front unit's lease will go month to month when it expires 4/30/24. Monthly payment will increase by 10% at that time. No sign on Property!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-21T02:16:38.367.
www.yorkhomes.net/homes/146853609
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773 Manor Street LANCASTER, PA 17603

  • Price: $895,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 117 min ago
  • ID#: PALA2045832
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1952
Built
Neighborhood:
Lancaster City (10533)
County:
Lancaster
Area:
Lancaster City (10533)
School District:
School District Of Lancaster
Property Description
Fantastic opportunity to own an income producing building with two possible rental units zoned C-2. There are two parcels included in the sale. 773 Manor St. (338-02483-0-0000) and 774 Crystal St. (338-98651-0-0000) The front unit has been rented to a national pizza chain for about 35 years. The lease is for $3027.77 per month. The tenant is also responsible for all utilities, taxes and repairs. The rear unit was rented to a daycare for $1500 until a few years ago. This figure was used in the total income that is listed. The front unit's lease will go month to month when it expires 4/30/24. Monthly payment will increase by 10% at that time. No sign on Property!
Exterior Features

Construction Materials Block Garage YN No Location Type Urban Parking Features Paved Parking Parking Types Parking Lot Property Condition Very Good Roof FlatRubber Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3056.00 Cooling Central A/C Exclusions All business owned equipment Heating Forced Air Heating YN Yes Net Square Feet 3056.00

Property Features

Acceptable Financing CashBank PortfolioConventional Accessibility Features 32"+ wide Doors Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Historic YN No Hot Water Electric Insurance Expense 1135.00 Municipality LANCASTER CITY Navigable Water YN N Net Operating Income 51651.00 New Construction YN No Number Of Units Total 0 Operating Expense Includes Insurance Original MLSNumber 802818123636 Owner Pays Insurance Ownership Interest Fee Simple Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 13160.00 Vacation Rental YN No Water Source Public Zoning COMMERCIAL Zoning Description C-2

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-21T02:16:38.367.
 
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Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty
2525 Eastern Blvd.
York PA, 17402