55 Market Sq Manheim, PA 17545
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 55 Market Sq
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 4,273 square foot retail space, ideally suited for a restaurant or cafe, is located in the heart of Manheim, Pennsylvania's vibrant Market Square. Boasting high visibility and ample free parking, this single-tenant property offers a unique blend of historic charm and modern potential. The space features exposed brick and beams, large arched windows, and a sizable patio, providing an abundance of outdoor space. The property is available at a significantly discounted rate, with options for a tenant improvement allowance for a qualified tenant signing a minimum 10-year lease, or a deep discount for a business owner willing to complete their own improvements. The asking rent is $7 per square foot net, net (NN), or $2,500 per month plus an estimated $350 per month in net, net expenses. A tenant improvement allowance of $65 per square foot is available at a lease rate of $17 per square foot NN. In both scenarios, rent includes common area maintenance (CAM). The tenant is responsible for insurance and taxes (estimated at $350 per month, to be finalized upon lease signing), utilities, and the maintenance of their outdoor areas. Subdivision of the space may be possible. Join a thriving community of businesses including Artiface Ales, Waltz Vineyard, Spooky Nook, Roots Market, PA Renaissance Faire, Prussian Street Arcade, and Glasshouse Wineworks. This property presents a remarkable opportunity for a business owner to establish a presence in this growing town.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manheim
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.3965
- Latitude
- 40.1627
