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773 MANOR ST Lancaster, PA 17603
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Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,056 sqft
Price per Sqft $220
MLS Listing ID PALA2045832
Sold Date 07/31/24
Originating Board BRIGHT
Year Built 1952
Annual Tax Amount $13,160
Tax Year 2022
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 0.00 x 0.00
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!
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 20.0
Waterfront N
Water Access N
Roof Type Flat,Rubber
Accessibility 32\"+ wide Doors
Parking Type Parking Lot
Total Parking Spaces 20
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 338-02483-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Bank Portfolio, Conventional
Listing Terms Cash, Bank Portfolio, Conventional
Financing Cash,Bank Portfolio,Conventional
Special Listing Condition Standard
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Bought with Phil Kuntz • Berkshire Hathaway HomeServices Homesale Realty