Property profile

27 Main St Manheim, PA 17545

OFF-MARKET
Manufacturing properties
Property ID
US73-5537106
6,588 SF 0.17 ac lot Built 1846
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,405 square foot mixed-use property in Manheim, PA's central business district presents a remarkable investment or owner-user opportunity. Located on 0.17 acres at 27 N Main Street, this historic building, formerly the Sentinel Print House, boasts two commercial units within a 6,800+ square foot structure. Zoned industrial, it offers maximum flexibility for a wide array of business types. The high-traffic location sees 8,000 vehicles daily, placing it adjacent to the newly opened REO Marketplace, a vibrant hub including retail, food, and beverage establishments. Significant recent improvements include a new roof, exterior and interior paint, new furnace/AC units in both spaces, newly installed LVP flooring, and new bay windows. A 20 kW solar system generates approximately $600 per month in revenue, with sub-metered units for simplified tenant billing. A loading dock with two garage doors adds to the property's functionality. The rear unit is currently leased, providing immediate income potential. The front unit, previously planned as an escape room, is partially renovated and ready for completion or adaptation to a new use. Ample public parking is available both front and rear. Priced at $544,000, this property offers a compelling blend of history, modern upgrades, and a thriving location, making it ideal for investors or business owners seeking a presence in a dynamic community.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1846
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,588 SF
Lot 0.17 ac (7,405 SF)
Zoning code CBD
APN 400-07453-0-0000
UPID US73-5537106

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

27 Main St Manheim, PA 17545-1503
Manheim metro Census 10400 LANCASTER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2021
Last sale
$145,000
4 recorded transactions
2022
Price N/A
2021
$145,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CBD · Manheim, PA
Zoning description

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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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