$685,000
$925,000
25.9%For more information regarding the value of a property, please contact us for a free consultation.
0.33 Acres Lot
SOLD DATE : 09/28/2018
Key Details
Sold Price $685,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1003278923
Sold Date 09/28/18
HOA Y/N N
Originating Board TREND
Year Built 1960
Annual Tax Amount $12,751
Tax Year 2018
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 85
Property Description
Located in heart of business district in downtown Lansdale, PA, property boasts 2 businesses, and over 9,000 SF of upper floor space (4 floors) that is currently 1 large residential home, new construction and in excellent condition with possibility to convert into 8-9 apartment units. Approximately 10 current parking spaces in rear for apartment units and street parking for retail customers. New operating systems, roof, landscaping and curb appeal. Retail cafe and ice cream business for sale in addition to real estate. Zoned "B' Business Use. Property has many uses: office, medical, retail, apartments. Interior Photos depict one residence showing quality of finishes and newer construction. Included are interior photos of cafe (gourmet coffee, tea and frozen yogurt restaurant) for sale and exterior photos showing views of building, parking lot and storage building that is leased. INVESTOR ALERT FOR THOSE INTERESTED IN APARTMENTS: Potential rezoning to allow for conversion of residence into apartments and architectural concept drawings available. Great opportunity to obtain quality building with apartment potential and income revenue. Retail operations yield in excess of 42K per year, low expenses. Apartment income estimated in excess of 100K. Schedule your showing today. Property is available to show as of 1/01/18.
Location
State PA
County Montgomery
Area Lansdale Boro (10611)
Zoning B
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Flooring Tile/Brick, Wood, Carpet, Vinyl, Heavy Duty, Laminated
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Roof Type Flat
Road Frontage Boro/Township
Garage N
Building
Building Description Other, Private Restrooms,Ceiling Fans,Fire Alarm,Fire Escape
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District North Penn
Others
Tax ID 11-00-09616-003
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Virginia E Scarano • Aptcor Commercial Realtors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "