1 Charlotte St Manheim, PA 17545-1801
Property Lookup
Property profile & analytics
1 Charlotte St Manheim, PA 17545-1801
- Retail space
- 11,125 SF
- 0.28 lot acres
Property ID
US73-1771116
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 1 Charlotte St
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.28 lot acres
- Property size
- 11,125 SF
- Zone code
- CBD
- Property type
- Retail space
- APN
- 400-82953-0-0000
- APU
- 4008295300000
Description
This iconic, restored brick building in Manheim's Market Square presents a remarkable mixed-use investment opportunity. Boasting a nearly 12% cap rate, the property features a high-visibility corner lot with 8,000 daily vehicles passing by. The building comprises a large first-floor commercial space (currently available for lease at $2,500/month + NNN, or with a 10-year commitment and a $65/sqft build-out allowance totaling $277,745 + NNN), ideal for a restaurant or cafГ©, and a fully occupied 25-unit boarding house on the second and third floors. The commercial space features large arched windows, a new paver patio perfect for outdoor seating, exposed beams, and brick. The boarding house units, most with updated LVP flooring, rent for $160-$185 per week, with tenants paying all utilities. There's also a separate suite renting for $270 per week with a full kitchen and loft. The property includes 12 parking spaces in the rear lot, plus ample street parking. Significant recent upgrades include new metal and architectural shingle roofs, a new rubber roof, fresh exterior paint, new windows, upgraded electrical and plumbing systems, and a two-year-old HVAC system. A hardwired security system, two gas furnaces, and new central air conditioning are also featured. The 0.28-acre lot and 12,800 square feet of building space offer substantial potential. This property is ready for a new owner to capitalize on its strong income stream and prime location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $825,000
- ML approach
- $910,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,034,000
Market price range: $1.03M - $2.77M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Manheim
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.3963
- Latitude
- 40.1625
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,113
$58,200
$278,500
$336,700
-
$58,200
$278,500
$336,700
