501 W Washington Avenue Myerstown, PA $ 1,250,000
501 W Washington Avenue
$ 1,250,000
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501 W Washington Avenue

Myerstown, PA, 17067
$ 1,250,000
Baths0.0 Sq 6,000

Monthly Estimate*

$ 8,732

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Studio

Commercial Property for sale in Myerstown, PA

for $1,250,000. This 6,000 square foot building was built in 1960 on a lot size of 11.8.

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. 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. 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.

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Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 32,165

Style

General Retail,Parking Lot

Lot Size

11.8

Year Built

1960

Town/City

Myerstown

County/Region

Lebanon

MLS | Web ID

PALN2014666

Features
Interior
Heating Fuel None
Hot Water Electric
Street Suffix AVENUE
Central Air Y/N Y
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General
Sewer Public Sewer
Heating None
Cooling Central A/C
Possession Settlement
Roof Flat Rubber
Zoning COMMERCIAL & AGRICULTURAL
Construction Materials Brick Frame Metal Siding Stick Built Stucco
Year Built 1960
Electric 200+ Amp Service 3 Phases
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality JACKSON TWP
Business Type Other/General Retail Parking Lot
Accessibility 32 + wide Doors
County LEBANON
New Construction N
Property Type Commercial Sale
Subdivision Name MYERSTOWN/LEBANON
Possible Use Automotive Commercial Convenience Store Day Care Florist/Nursery Food & Beverage Mixed Use Professional Service Retail Warehouse
Water Access Y/N N
Status ACTIVE
Directions Myerstown Rt. 422 W to Property on Right.
City MYERSTOWN
Buyer Agent Compensation 1
Total Units 0
MLS Area Jackson Twp (13223)
Lot Size Square Feet 514008.00
Waterfront Y/N N
Street Name WASHINGTON
Tax Annual Amount 32165.0
Property Condition Average Good
Price Per Sq Ft 208.33
Acceptable Financing Conventional
Vacation Rental Y/N N
Days on Market 1
Location Type Highway
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Paved Parking
Lot Features Level Open Road Frontage
Water Source Public Well
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 6000.00
Lot Size Acres 11.80
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 534000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 501
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* Excluded Features
List By
Kingsway Realty - Ephrata

Broker

keith@kingswayrealty.com

Email

Affordability Calculator

$11,412
Per Month
77%
23%
0%
Monthly Principal & Interest
$8,732
Monthly Property Taxes
$2,680
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$1,250,000 Listed Price

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501 W Washington Avenue, Myerstown, PA, 17067 is a Commercial Property for sale at $1,250,000 with 6,000 sqft and a lot size of 11.8. 501 W Washington Avenue is a studio with 0.0 baths and was built in 1960. The property's zip code is 17067 which is in Myerstown, PA