Bought with Non Member • Non Subscribing Office
$675,000
$799,900
15.6%For more information regarding the value of a property, please contact us for a free consultation.
10,000 Sqft Lot
SOLD DATE : 04/18/2022
Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC2006212
Sold Date 04/18/22
HOA Y/N N
Year Built 1900
Annual Tax Amount $7,225
Tax Year 2021
Lot Size 10,000 Sqft
Acres 0.23
Lot Dimensions 40.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This mixed use commercial building situated on a major road was renovated in 2017 and features 7,656 square feet of commercial and residential space across two floors. The property is situated in the developing block of North Broad street with over 18,000 cars a day passing this location. The property features a wrap around drive and 30+ parking spaces. A current total of 6 units consisting of a 2 bed 1 bath on the second floor and a studio, both above the storefront, which has a half bathroom and access to a full basement. There is a storage / potential office space directly behind the storefront with its own entrance. The second, 2 bed 1 bath apartment is a blank slate for converting into 3 office spaces, finishing it as a 2 bed 1 bath (90% complete). Lastly there is a large warehouse space with 2 oversized garage doors, a man door, new powder room and is on its own brand new 220 amp circuit. Lots of plans for development in the immediate vicinity! Fully occupied, this property is a true 8 Cap! Pro Forma: https://dealcheck.io/s/-MeVAo53HGQxLn8hhcVR
Location
State PA
County Montgomery
Area Hatfield Twp (10635)
Zoning COMMERCIAL
Interior
Hot Water Other
Heating None
Cooling None
Heat Source Other
Exterior
Garage Spaces 40.0
Water Access N
Accessibility >84\" Garage Door
Total Parking Spaces 40
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District North Penn
Others
Tax ID 35-00-01222-003
Ownership Fee Simple
Special Listing Condition Standard
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