2802 E LINCOLN HIGHWAY
GORDONVILLE, PA 17529

Sold Price: $425,000
List Price: $250,000
Sold Date: Jul 31, 2024

Sq. Ft.: 1,200
Type: Commercial
IDX Image
Listing #PALA2049272
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.
Buyer's Agent: Elvin A Stoltzfus
Listing Agent: Elvin A Stoltzfus
Property Features
Location Information
County: LANCASTER
Municipality: EAST LAMPETER TWP
MLS Area: East Lampeter Twp (10531)
Interior Features
Heating: Hot Water
Heating Fuel: Electric
Cooling: None
Floors: Other
Exterior Features
Is New Construction: No
Foundation: Other
Roof: Asphalt, Shingle
Septic or Sewer: Public Sewer
Lot Size in Acres: 0.55
Building Total Area (Sq. Ft.): 1,200
Additional Information
ListDate: 2024-04-08 00:00:00.0
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1930


$ per month
Year Fixed. % Interest Rate.
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Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at February 2, 2026, 7:48 AM ET