225-231 PARK Avenue
225-231 PARK Avenue Lancaster, Pennsylvania 17602 United States

$550,000
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PPM Real Estate, Inc.

.09 Acres
Exterior
Commercial
Property type
1962
Year Built
PALA2020116
Web Id
PALA2020116
MLS ID
Lancaster
School District
14
days ago

About 225-231 PARK Avenue

Unique Property with locally recognizable name, "Silder's Garage", located just around the corner from Lancaster General Hospital/Penn Medicine (1 minute walk). Sellers are the owners of the garage and will remain open for business until Property sells (no sign on property). Business Trade Name and existing auto-related equipment available for sale for $50,000, or seller will vacate if sale is for real estate only. **225 Park Ave** features the garage on the first floor with 1 drive in door, small office area, 2 restrooms & plenty of large windows. 2nd floor, previously a bar/club, features restrooms, small commercial kitchen, office and is otherwise an open, clear span space with wood floors and large windows. This building has a basement, gas heat - hot water radiators . One gas meter for the building and 2 electric meters (one per floor). Roof was replaced in 2018. **231 Park Ave** features a single story building which includes a 1,032sf two-bedroom residence with basement and 5 storage units with roll-up garage doors. This building has its own water meter, gas meter and electric meter. Current Tenant is M2M and pays $775/month plus electric, gas and water/sewer; Landlord pays trash, taxes and stormwater fee. 4 of the 5 storage units are rented M2M for $60 each; the 5th is occupied by Seller. Roof was just replaced in 2020. This parcel also includes the parking area which can fit 8-10 cars depending how they are parked. There is free, unmetered street parking along Park Avenue. Zoned RO; Property is 2 parcels on 1 deed, totaling .22 acres. Total annual taxes for both parcels is $10,566.27 as of June 2022 Disclosures: Oil tanks were removed from under the parking lot by Liberty Environmental - DEP clearance letter is available. There is a public drive that runs between the parcels but Buyer could request the City turn this strip of land over to the Buyer since there is another public access to the rear/adjacent parcel/land owner.

Listing Courtesy of PPM Real Estate, Inc.

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Anne Lusk Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Amenities

  • Radiator

PROPERTY INFORMATION

Cooling
Window Unit(s)
Heating
Radiator
Parking Description
Paved Parking, Private, Surface
Sewer
Public Sewer

ADDITIONAL INFORMATION

Body of Water
Public
This Lancaster Commercial is for Sale at $550,000 and was built in 1962. Has on a lot of .09 Acres.

 

PPM Real Estate, Inc.

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