Bought with Thomas M Stewart • Cavalry Realty LLC
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Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALA2075796
Sold Date 11/18/25
Year Built 1937
Annual Tax Amount $10,786
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
This property will be offered at Public Auction on Saturday, October 4, 2025 @ 10am. The listing price is the opening bid only and in no way reflects the final sale price. 10% down due at auction, 2% transfer tax to be paid by the purchaser, real estate taxes prorated. Located in the heart of Ephrata, this nine unit property is zoned Central Business and offers exceptional visibility and road frontage in a high-traffic area—just minutes from Routes 272 and 222. The main building's first floor features four commercial suites, one with a second-floor storage room, and two common bathrooms for customer and client convenience. The second and third floors contain four residential apartments, ranging from one to two bedrooms, providing reliable multi-unit rental income potential. An additional rear building offers possible rental income as well as a shop area, an office, and a second floor ideal for storage—with the possibility of water hookup for expanded use. Additional amenities include 8 off-street parking spaces for tenants and business owners, and central air conditioning in the main building. With its versatile layout and combination of commercial and residential income streams, this property is an outstanding investment opportunity in Ephrata's thriving downtown! NOTE, PER THE SELLER'S REQUEST, THIS PROPERTY WILL ONLY BE AVAILABLE FOR VIEWING ON SATURDAY, SEPTEMBER 20 AT 9AM AND ONE HOUR PRIOR TO THE START OF THE AUCTION. IF YOU WOULD LIKE TO BE INCLUDED IN THE BUILDING TOUR ON SEPTEMBER 20, PLEASE BE THERE AT 9AM
Location
State PA
County Lancaster
Area Ephrata Boro (10526)
Zoning CENTRAL BUSNESS
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Water Access N
Accessibility 36\"+ wide Halls
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Ephrata
School District Ephrata Area
Others
Tax ID 260-24822-0-0000
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Auction
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