199 W Stiegel St Manheim, PA 17545
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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