$1,350
$1,250
8.0%For more information regarding the value of a property, please contact us for a free consultation.
0.36 Acres Lot
SOLD DATE : 02/01/2016
Key Details
Sold Price $1,350
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1002614436
Sold Date 02/01/16
HOA Y/N N
Originating Board TREND
Year Built 1966
Annual Tax Amount $7,132
Tax Year 2015
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 150X107
Property Description
One of the more well known commercial buildings in Muhlenberg Township. Red Wing Shoe has been operating out of the building and has finally outgrown this facility. Unique architecture is a frame of reference for customers. Start or grow your business here like the previous tenant has. They would not have stayed for 25 years if it wasn't a good location. This area of Plaza Drive is 95% occupied. People will remember your building! Tenant will pay 2/3 of taxes and Insurance. Rent will go to $1450 after 6 months, 1650 after 18 months. 3 Year minimum lease.
Location
State PA
County Berks
Area Muhlenberg Twp (10266)
Zoning COMM
Direction East
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Flooring Laminated
Fireplace N
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Street Surface Other
Accessibility None
Garage N
Building
Building Description Other, Clear Span,Display Window
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District Muhlenberg
Others
Tax ID 66-5308-07-68-9182
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States