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Fantastic opportunity for investors. 2.5 story brick building has been redone top to bottom with painted brick, new windows, new doors, 2 new heat pumps, new electric(2 services) , new luxury vinyl plank flooring thru out, new paved parking lot, front ramp for handicap entrance. 2 nd floor is a rental with high end finishes and township approval/variance of rental or VRBO and includes 2 Br and 2 Baths ( and could also make a great owners residence or staff apartment as well. Main floor recently rented for a 5 year term with tenant paying pro-rata share of all expenses in addition to rent. Beautiful high end bathroom installed main level. Rear storage area accessed from inside or back entrance. A large rear grass plot has engineering/storm water management complete for an additional 40 x 60 building. Paper work is at the township and you can save the time and cost of that process(approx $15,000.00). The large parking area has 2 entrances/exits which may make a drive thru possible but you will need to verify with Ephrata Township. The zoning allows for a wide variety of uses but all uses will need township approval. This is an amazing location with a high traffic count and amazing visibility in the middle of bustling commercial zone and across from Walmart plus very close to Rt 222 exit. Fantastic location for any business venture you can envision. Your opportunity for great rental income in a quickly growing area.
Property Type(s):
Commercial
| Last Updated | 8/3/2024 | Year Built | 1920 |
|---|---|---|---|
| Community | Ephrata Twp (10527) | County | LANCASTER |
Price History
| Prior to Jun 19, '24 | $895,000 |
|---|---|
| Jun 19, '24 - Aug 3, '24 | $799,500 |
| Aug 3, '24 - Today | $725,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Ephrata Twp (10527) |
| CONSTRUCTION | Brick |
| HEAT | Electric, Forced Air |
| LOT | 0.63 acre(s) |
| LOT DIMENSIONS | 111x280x62x295 |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 5376 |
| UTILITIES | Propane |
| VIEW | Yes |
| VIEW DESCRIPTION | Street |
| WATER | Public |
Location
Listing provided by Berkshire Hathaway HomeServices Homesale Realty
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Data last updated: 1/10/25 1:01 PM PST
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