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501 W Washington Avenue, Myerstown, PA 17067
$1,250,000
501 W Washington Avenue, Myerstown, PA 17067View this property at 501 W Washington Avenue, Myerstown, PA 17067
501 W Washington AvenueMyerstownPA17067
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Property Description
Public Auction held on site Wednesday, June 19th @ 12 Noon. Successful bidder required a 10% non refundable deposit. Settlement on or before August 31, 2024. Buyer pays the 2% Real Estate transfer tax. List price does not reflect the final sales price. * Exceptional Commercial Opportunity with great visibility and a high traffic count in Myerstown, Lebanon County (formerly known as Layser's Flowers). A level 11 acres w/retail & warehouse space, Various other buildings, all with electric. Parking for approximately 60 cars. 3 Approved Building Lots on the west side of Rose Ave. Road frontage along Rt. 422 & Washington Avenue, boasting great exposure. Zoning is Commercial on the front half along the road frontage and Agriculture on the back half. 50x120 Retail Building includes retail space & warehouse w/heat, A/C and restrooms. 30x162 Warehouse (attached to main building). 22x84 Breakroom & Storage (attached to main building). 36x52 Bank Barn w/steel siding. 3,730 SF Ground Room (block building). 40x171 Boiler Room. 30x120 Head House (steel building). 40x48 Shed w/cooler unit. 3 Phase Electric, Public water, Well, Public sewer. High capacity natural gas, 20K gallon oil storage, 500 gallon pressure tank. NOTE: Both Layser's Flowers & Layser's Nursery will continue to operate, only this location is being sold to settle the estate. This property has a key location with a level lot that is largely impervious. Don't miss the opportunity to purchase a property w/existing structures and room to build what you need. Also 3 approved Building Lots! Various uses permitted, offering a rare and fantastic opportunity on this desirable 11 acre property. A traffic count of approximately 13K vehicles per day. Check with Zoning for uses.
Full Property Details
Full Property Details for 501 W Washington Ave
General
- Price: $1,250,000
- Taxes: $32,165 (2023)
- Status: Active
- Type: Retail
- MLS ID: PALN2014666
- Updated: 5/21/2024
- Added to Site: 21 day(s) ago
Business
- Business Type: Other/General Retail, Parking Lot
Parking
- Total Spaces: 60
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- Area: Jackson Twp (13223)
- Municipality: JACKSON TWP
- County: Lebanon
- Development Name: Myerstown/Lebanon
- Subdivision: Myerstown/Lebanon
- Driving Directions: Myerstown Rt. 422 W to Property on Right.
- Location Details: Highway
School Information
- High School: Eastern Lebanon County Senior
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: None
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public, Well
Structural Information
- Construction: Brick, Frame, Metal Siding, Stick Built, Stucco
- Foundation: Slab
- Roof: Flat, Rubber
- Stories/Levels: 0
- Year Built: 1960
- Year Built Source: Assessor
- Property Condition: Average, Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 11.8
- Lot Size (Sq. Ft.): 514,008
- Lot Size Source: Estimated
- Street/Road Desc.: Paved
- Lot Features: Level, Open, Road Frontage
- Zoning: COMMERCIAL & AGRICULTURAL
- Lot Description: Level, Open, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $208.33
- Assessment Year: 2023
- School Tax: $26,001
- City/TownTax: $272
- City/TownTax Freq: Annually
- County Tax: $5,890
- County Tax Freq: Annually
- Tax w/Assessment: $1,513,400
- Tax Amount: $32,165
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1%
- Ownership: Fee Simple
Listed by Kingsway Realty - Ephrata, Keith Snyder
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Schools
Schools serving 501 W Washington Ave
Rating | Name | Grades | Distance |
---|---|---|---|
Jackson Elementary School, Myerstown, PA
558 W Main Ave, Myerstown, PA 17067 | K-2 | 0.5 mi | |
400 Narrows Dr, Lebanon, PA 17046 | K-5 | 2.9 mi | |
100 Evergreen Dr, Myerstown, PA 17067 | 3-5 | 3 mi | |
60 Evergreen Dr, Myerstown, PA 17067 | 6-8 | 3 mi | |
350 N 8th St, Lebanon, PA 17046 | 6-8 | 5.6 mi | |
101 E Evergreen Rd, Lebanon, PA 17042 | 6-8 | 5.9 mi | |
180 Elco Dr, Myerstown, PA 17067 | 9-12 | 2.8 mi | |
115 E Evergreen Rd, Lebanon, PA 17042 | 9-12 | 5.8 mi | |
1000 S 8th St, Lebanon, PA 17042 | 9-12 | 6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 W Washington Ave
Date
Details
Price
Change
Source
5/03/2024
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 W Washington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,531
24%
$1,513,400
—
2022
$25,368
3%
$1,513,400
—
2021
$24,629
-15%
$1,513,400
—
2020
$28,929
2%
$1,513,400
—
2019
$28,352
2%
$1,513,400
—
2018
$27,844
5%
$1,513,400
—
2016
$26,610
8%
$1,513,400
—
2015
$24,672
3%
$1,513,400
—
2014
$24,022
—
$1,513,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 W Washington Ave
501 W Washington Avenue, Myerstown, PA 17067 (MLS# PALN2014666) is a Retail property. 501 W Washington Avenue is currently listed for $1,250,000 and was received on May 03, 2024. Want to learn more about 501 W Washington Avenue? Do you have questions about finding other Retail real estate for sale in Myerstown? You can browse all Myerstown real estate or contact a Coldwell Banker agent to request more information.