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Property profile & analytics
FOR SALE
Flex space

199 W Stiegel St Manheim, PA 17545

Entity Owned 2-yr Hold
Property ID
US73-2975326
199 W Stiegel St, Manheim, PA 17545 For Sale
$2,349,000
199 W Stiegel St, Manheim, PA 17545
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Property summary
AI-generated overview

Owner currently occupies the 13, 635 SF building and is willing to vacate or leaseback. This industrial property presents a versatile opportunity with four buildings (three industrial and one 2-story office) totaling 24, 537 square feet on a 1.81-acre site. Property features 7 dock-high doors and 3 drive-ins. The largest building offers +/- 13, 635 square feet of warehouse space and provides flexibility for an owner to occupy all or a portion for their business or lease back to the current owner. The two remaining industrial/auto garage are currently leased with flexible terms, allowing for conversion to NNN, rent increases, or the option for an owner to occupy the space for their own business use. The 2, 472 square foot office building is currently owner occupied but will be vacated before settlement or leased back by the current owner. Building 1 - 14, 000 square feet industrial/warehouse Building 2 - +/- 4, 800 square feet industrial/warehouse Building 3 - 5, 150-square-foot metal-panel industrial building, currently utilized as an automotive repair garage, and a 400-square-foot storage garage. Building 4 - 2, 472-square-foot, two-story office building. With level street-grade access, ample parking, and strong road frontage in Manheim, PA, this property is well-suited for a variety of auto, industrial, warehouse, or manufacturing uses. The combination of owner-occupied and income-generating tenant spaces makes it an attractive option for investors and business owners alike.

Property profile
Verified
Property type Flex space
UPID US73-2975326
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Investment Limited Liability Compan · 2 yrs held
Investment Limited Liability Compan
since 2024
2 recorded transactions
2024
$635,000
2018
$425,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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