199 W Stiegel St - Self-Storage Facilities FOR SALE


Manheim, PA 17545
$2,595,000 USD
717-843-5555
199 W Stiegel St, Manheim, PA for Sale
$2,595,000 USD
Self-Storage Facilities - FOR SALE
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null | Request Cap Rate

199 W Stiegel St
Manheim, PA 17545


HIGHLIGHTS

  • Building 1 ±14,000 square feet industrial/warehouse
  • Building 2 ±4,800 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 4 ±2,472-square-foot, two-story office building.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

I

APN/PARCEL ID

400-42673-0-0000

ASK ABOUT THIS PROPERTY

Joshua MillerBennett Williams CommercialMore Info
717-843-5555

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Joshua MillerBennett Williams CommercialMore Info
717-843-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.