2802 E Lincoln Hwy, Gordonville, PA, 17529

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for sale

$250,000

Square Feet:	1200
Lot Size:	0.55 Acres
Year Built:	1930
Status:	Active
MLS #:	PALA2049272
Date Updated:	4/29/2024

For information contact:
Commercial Division
(610) 444-7770

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Go See This Property

This property is going to onsite auction 5/8/24 at 6:00 PM and is being sold with reserve. LISTED PRICE IS ONLY A SUGGESTED OPENING BID, AND IS NOT INDICATIVE OF THE FINAL SALES PRICE WHICH WILL BE BY SELLER CONFIRMATION DAY OF AUCTION. Terms: Down payment of $20,000.00 required day of auction. Settlement on or before July 15, 2024. Transfer taxes to be paid by buyer. Real Estate taxes shall be prorated. Great opportunity to own a fully leased 5 unit in Ronks / Lancaster Area. There are 3-Efficiency apartments, (1) 1-bedroom/1 bathroom apartment, and (1) -2 bedroom/1 bathroom apartment with a common laundry area in the basement. The property is within close proximity to Amish Country and Lancaster City. Rents currently gross over $50,000 per year. The potential rents available in the area are greater than the rents that are currently being collected, which provides upside to a Buyer. The property is located close to retail, office, medical, and the population of Lancaster County.

Interior Details
Building Total SQFT: 1200.00	Flooring Type: Other
Foundation Details: Other

Exterior Details
Lot Features: Corner	Lot Size Acres: 0.55
Lot Size Dimensions: 0.00 x 0.00	Lot SQFT: 23958.00
Roof: Asphalt, Shingle

Community Information
County: LANCASTER	Cross Street: Ronks Road
Municipality: EAST LAMPETER TWP	Zoning: VILLAGE COMMERCIAL

Property Information From MLS Data
Accessibility Features: None	Business Type: Other
DOM: 1	MLS Area: East Lampeter Twp (10531)
New Construction YN: N	Property Sub Type: Five Or More Units
Year Built: 1930

Utilities
Cooling Type: None	Electric Service: 120/240V
Heating Type: Hot Water	Sewer Septic: Public Sewer
Utilities: Above Ground, Electric Available	Water Source: Well

Listing Information Courtesy of:

List Agent Full Name: Elvin A Stoltzfus

List Office Name: Beiler-Campbell Realtors-Quarryville

List Office Phone: 7177868000

Scheduled Open Houses

Date / Times
Saturday, 4/13/2024 11:00 AM - 3:00 PM

Walk Score® for 2802 E Lincoln Hwy

Information obtained from Bright MLS is current as of 4/29/2024 2:06 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is 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.

Status Explained

Multiple Listing Services use a variety of statuses with their listings, and sometimes a combination of statuses. Below is a list of common terms you may see.

Status	Meaning
Active	Available for purchase
Active with Contract Backup Contingent Cont Continue to Show Pending Under Deposit Under Contract	Available but the listing has an offer on it and is being displayed to solicit backup offers. You may be able to make an offer but you will be competing with another buyer. Contact an agent to discuss making an offer.
Back On Market	Available. The listing was previously unavailable
Cancelled Closed Sold Expired Off Market Withdrawn	No longer available.
New	Available, recently listed
Price Raised Reduced Changed	Available and has recently had a price change
Short Short Sale	Available but requires a bank approval for any offer

Information deemed reliable but not guaranteed. Information provided is 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.