105 High St Manheim, PA 17545
- Schools
- 1.27 lot acres
Current Use by Public Records
- Schools
Property Details for 105 High St
- Lot size
- 1.27 lot acres
- Property type
- Schools
Description
This exceptional 1.27-acre property, located at 105 E High St in Lancaster County, presents a unique redevelopment opportunity. The former Stiegel Elementary School, a single-tenant building with a footprint ranging from 60,000 to 80,000 square feet, is zoned residential. Previously approved for multifamily development, the property boasts complete and readily available documentation including zoning plans and building permits, significantly streamlining the redevelopment process. While initial approvals have expired due to project delays stemming from the onset of the COVID-19 pandemic, the existing paperwork should expedite the re-approval process, minimizing costs and time. The potential for 34-36 apartment units makes this a highly attractive investment in a desirable Manheim, PA location. This is a chance to capitalize on a pre-approved project, leveraging existing plans and documentation to create a significant multifamily development. The property's size and location offer substantial potential for a developer seeking a streamlined path to a profitable project. The existing building's substantial size provides ample space for a large-scale development. This is a rare opportunity to acquire a property with a significant head start on the development process.
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
- -76.3928006
- Latitude
- 40.1647472
