Listed By:
Howard Hanna Krall Real Estate
Address
4221 Stiegel Pike, Newmanstown, PA
Price
$ 999,000
Property Attributes
  • MLS#PALN2011246
  • TypeCommercial
  • CountyLEBANON
  • CityNewmanstown
  • AreaHeidelberg Twp
  • NeighborhoodRoute 501
  • Zip17073
  • StyleAuto Related,Big Box Retail,Car Wash/Truck Wash,Co
  • Year Built1960
  • Taxes$ 4479
  • Price$ 999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6916
  • Lot Size4.6 Acres
Data Source:
Bright MLS
Property Description

Commercial opportunity on Route 501. Large motel with 4.6 acres of land on a heavily trafficked main road connecting Lebanon and Lancaster Counties. 1,080 feet of road frontage. Zoned "Highway Commercial." Strategically positioned to serve both Lebanon and Lancaster Counties. Past use has been Motel/Hotel, and currently there are 21 units (including 2 larger apartments). All units have had carpet stripped and fixtures removed. Approved uses include Hotel/Motel, Shopping Center, Drive-In Restaurants, Vehicle Sales/Dealer, Automotive Repair, Gas Station, Contractor Shops, Funeral Home, Retail Food/Hardware/Sporting Goods/Appliance Sales. Lumber/Fuel Distribution, Mixed-Use, Nursing Home, Elder Care. Buyer would need to obtain a variance to convert into residential dwellings or storage units.

Price History
8/17/2023 Listed $1,100,000
2/5/2024 10% - $999,000

General Features

Sewer On Site Septic
Heating None
Cooling None
Possession Settlement
Zoning HIGHWAY COMMERCIAL
Security Features Smoke Detector
Construction Materials Stone,Metal Siding
Year Built 1960
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Business Type Auto Related,Big Box Retail,Car Wash/Truck Wash,Convenience Store/Gas,Flex,Funeral Home,Hair Salon and Spa,Hotel/Motel,Other/General Retail,Professional,Religious Facility,Shopping Center,Truck Maint
Accessibility None
County LEBANON
New Construction No
Property Type Commercial Sale
Subdivision Name ROUTE 501
Water Access Y/N No
MLS Area Heidelberg Twp (13222)
Lot Size Square Feet 200376.00
Waterfront Y/N No
Tax Annual Amount 4479.0
Price Per Sq Ft 144.45
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Days on Market 173
Location Type Corner Lot/Unit

Interior Features

Heating Fuel None
Hot Water Propane
Central Air Y/N No

Exterior Features

Lot Features Road Frontage
Water Source Well
Total Parking Spaces 40
Type of Parking Other
Water View Y/N No
Building Area Total 6916.00
Lot Size Acres 4.60
Road Frontage Length 349
Lot Size Source Estimated
Road Responsibility State
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 40

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 17073

Price
AVG $1,000K
$1,000K
Taxes
AVG $4,479
$4,479
Visits
AVG 197
198
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1960