Industrial Flex Warehouse with
885895 S Chiques Road Manheim, PA 17545
885895 S Chiques Road, Manheim, PA, 17545
$4,600,000
For Sale
$4,600,000
Multi-use industrial flex building with showroom, offices, warehouse space, and drive-in access for owner-users or investors.
Property Size30,000 SF
Lot Size9.30 Acres
Price / SF$153.33
Days on Market161
Property Features for 885895 S Chiques Road
General Information
- Standard status
- Active
- Size
- 30,000 SF
- Lot size
- 9.30 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1988
Listing Agency
LPT Realty,LLC
Listed by
R. Ashley Brunner
Source
Deepcreeklake
Added: Feb 9 Updated: Jul 10 at 3:59 pm Checked: Jul 19 at 6:52 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty,LLC
Investment Insights
Based on property information with market context.
This industrial flex property sits on 9.3 acres and totals over 30,000 square feet across two levels. The building is arranged to support a mix of professional office use and warehouse or industrial operations, with a spacious showroom, multiple office suites, and warehouse capabilities. Three drive-in doors support loading and distribution, and the site includes 53 parking spaces with truck and trailer accommodations. Some spaces are currently leased on a month-to-month basis, including a financial advisor, a piano sales business, and a music lesson studio, offering flexibility for an owner-operator or buyer planning to reconfigure.
The facility is positioned in Rapho Township just off Route 283 in Manheim, PA. It includes an outdoor pool and bathhouse, along with geothermal and electric heating, a private well for water, on-site septic, and an elevator for accessibility. The warehouse section is built with durable metal siding and rubber roofing, while the block section has asphalt shingles.
Zoned Industrial, the property is supported by utilities including natural gas and cable, helping it accommodate a range of industrial and office-based tenants. With its functional mix of showroom, office, and warehouse space, it can suit owner-users looking for a combined workplace and distribution layout, as well as investors considering a flexible portfolio entry with current month-to-month tenancy.
The facility is positioned in Rapho Township just off Route 283 in Manheim, PA. It includes an outdoor pool and bathhouse, along with geothermal and electric heating, a private well for water, on-site septic, and an elevator for accessibility. The warehouse section is built with durable metal siding and rubber roofing, while the block section has asphalt shingles.
Zoned Industrial, the property is supported by utilities including natural gas and cable, helping it accommodate a range of industrial and office-based tenants. With its functional mix of showroom, office, and warehouse space, it can suit owner-users looking for a combined workplace and distribution layout, as well as investors considering a flexible portfolio entry with current month-to-month tenancy.
Key Highlights
- 9.3‑acre industrial flex property in Rapho Township just off Route 283, with 30,000+ SF of flexible commercial space.
- 1988‑built building configured for professional offices, showroom, and warehouse/industrial uses with multiple office suites.
- Three drive‑in doors plus 53 total parking spaces, including truck and trailer accommodations.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $258.6k | $8.62 |
| − Vacancy | −$19.9k | −$0.66 |
| EGI | $238.7k | $7.96 |
| − OpEx | −$35.8k | −$1.19 |
| NOI | $202.9k | $6.76 |
30,000 SF · lease $8.62/SF/yr · vacancy 7.70% · expense 15.00%
Alternative Uses
Best Use
Office B
$7.10M
$6.21M – $8.28M
NOI $496,677 @ 7.0% cap · market cap 10.80%
Second Best
Warehouse
$2.90M
$2.54M – $3.38M
NOI $202,885 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$10.05M
$8.80M – $11.73M
NOI $703,722 @ 7.0% cap · market cap 15.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Multi-use industrial flex building with showroom, offices, warehouse space, and drive-in access for owner-users or investors.
Where is this flex space located?
The property is located at 885895 S Chiques Road Manheim, PA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 9.3‑acre industrial flex property in Rapho Township just off Route 283, with 30,000+ SF of flexible commercial space.; 1988‑built building configured for professional offices, showroom, and warehouse/industrial uses with multiple office suites.; Three drive‑in doors plus 53 total parking spaces, including truck and trailer accommodations.
