Entity Owned Property summary
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.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 8 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
No off-street parking spaces are required for nonresidential uses within the CBD Zone. Where off-street parking is provided, however, it shall meet all applicable provisions of this subsection. Required off-street loadin…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
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- Alternative use
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- Full Property Data
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
