773 Manor Street, Lancaster, PA 17603 - Photo 1

1/1

$675,000

Sold
Closed
Retail

1/1

Property Description

Fantastic opportunity to own an income producing building with two possible rental units zoned C-2. There are two parcels included in the sale. 773 Manor St. (338-02483-0-0000) and 774 Crystal St. (338-98651-0-0000) The front unit has been rented to a national pizza chain for about 35 years. The lease is for $3027.77 per month. The tenant is also responsible for all utilities, taxes and repairs. The rear unit was rented to a daycare for $1500 until a few years ago. This figure was used in the total income that is listed. The front unit's lease will go month to month when it expires 4/30/24. Monthly payment will increase by 10% at that time. No sign on Property!

Full Property Details

Full Property Details for 773 Manor St

General

Sold For: $675,000
Taxes: $13,160 (2022)
Status: Closed
Type: Retail
Source: BrightMLSPhilly
MLS ID: PALA2045832
Added to Site: 759 day(s) ago

Business

Business Type: Convenience Store/Gas, Day Care Facility, Other/Gene

Parking

Total Spaces: 20
Parking Features: Paved Parking
Parking Type: Parking Lot

Location

Area: Lancaster City (10533)
Municipality: LANCASTER CITY
County: Lancaster
Driving Directions: On the corner of 5th and Manor St.
Location Details: Urban

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Block
Roof: Flat, Rubber
Stories/Levels: 0
Year Built: 1952
Year Built Source: Assessor
Property Condition: Very Good

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.31
Lot Size (Sq. Ft.): 13,504
Lot Size Source: Assessor
Lot Dimensions: 0.00 x 0.00
Zoning: COMMERCIAL

Financial Considerations

Price Per Sq. Ft.: $292.87
Assessment Year: 2023
School Tax: $7,988
City/TownTax: $4,204
City/TownTax Freq: Annually
County Tax: $968
County Tax Freq: Annually
Tax w/Assessment: $332,600
Tax Amount: $13,160
Tax Year: 2022
Owner Pays: Insurance
Landlord Pays: Insurance

Disclosures and Reports

Ownership: Fee Simple
Exclusions: All business owned equipment

Listed and Sold by Berkshire Hathaway HomeServices Homesale Realty, Phil Kuntz

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Listing agent

— 773 Manor St —

Phil Kuntz

Berkshire Hathaway HomeServices Homesale Realty

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Schools

Schools serving 773 Manor St

School District:Lancaster School District

Name	Grades	Distance
Lafayette El School 1000 Fremont Street, Lancaster, PA 17603	PK-5	0.4 mi
Wheatland Middle School 919 Hamilton Park Drive, Lancaster, PA 17603	6-8	0.4 mi
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602	9-12	1.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 773 Manor St

Date

Details

Price

Change

Source

7/31/2024

Sold

$675,000

-24.58%

MLS

1/23/2024

Listed

$895,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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773 Manor Street, Lancaster, PA 17603 (MLS# PALA2045832) is a Retail property that was sold at $675,000 on July 31, 2024. Want to learn more about 773 Manor Street? Do you have questions about finding other Retail real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

773 Manor St Lancaster, PA 17603