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199 W Stiegel St 36,000 sq ft Specialist Building Offered at £1,941,138 in Manheim, PA 17545
INVESTMENT HIGHLIGHTS
- Building 1 ±14,000 square feet industrial/warehouse
- Building 3 ±5,150-square-foot metal-panel industrial building, currently utilized as an automotive repair garage, and a 400-square-foot storage garage
- Building 2 ±4,800 square feet industrial/warehouse
- Building 4 ±2,472-square-foot, two-story office building.
EXECUTIVE SUMMARY
This industrial property presents a versatile opportunity with four buildings (three industrial and one 2-story office) totaling 24,537 square feet on a 1.81-acre site. Property features 7 dock-high doors and 3 drive-ins. The largest building offers ±14,000 square feet of warehouse space and provides flexibility for an owner to occupy all or a portion for their business while leasing the remainder, or to lease the entire building as an income-producing investment. The two remaining industrial/auto garage are currently leased with flexible terms, allowing for conversion to NNN, rent increases, or the option for an owner to occupy the space for their own business use. The 2,472 square foot office building is currently owner occupied but will be vacated before settlement.
With level street-grade access, ample parking, and strong road frontage in Manheim, PA, this property is well-suited for a variety of auto, industrial, warehouse, or manufacturing uses. The combination of owner-occupied and income-generating tenant spaces makes it an attractive option for investors and business owners alike.
With level street-grade access, ample parking, and strong road frontage in Manheim, PA, this property is well-suited for a variety of auto, industrial, warehouse, or manufacturing uses. The combination of owner-occupied and income-generating tenant spaces makes it an attractive option for investors and business owners alike.
PROPERTY FACTS
| Price | £1,941,138 | Costar Property Class | C |
| Price per sq ft | £53.92 | Total Plot Size | 1.81 ac |
| Sale Type | Investment | Property Size | 36,000 sq ft |
| Property Type | Specialist | No. Floors | 1 |
| Property Subtype | Self-Storage | Year Built | 1950 |
| Use Class | I - Industrial | ||
| Price | £1,941,138 |
| Price per sq ft | £53.92 |
| Sale Type | Investment |
| Property Type | Specialist |
| Property Subtype | Self-Storage |
| Costar Property Class | C |
| Total Plot Size | 1.81 ac |
| Property Size | 36,000 sq ft |
| No. Floors | 1 |
| Year Built | 1950 |
| Use Class | I - Industrial |
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PROPERTY TAXES
| Parcel Number | 400-42673-0-0000 | Improvements Assessment | £268,618 |
| Land Assessment | £67,996 | Total Assessment | £336,614 |
PROPERTY TAXES
Parcel Number
400-42673-0-0000
Land Assessment
£67,996
Improvements Assessment
£268,618
Total Assessment
£336,614
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199 W Stiegel St
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