$175,000
$184,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
2,240 Sqft Lot
SOLD DATE : 06/17/2016
Key Details
Sold Price $175,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Drexelbrook
MLS Listing ID 1003069890
Sold Date 06/17/16
HOA Y/N N
Originating Board TREND
Year Built 1929
Annual Tax Amount $5,534
Tax Year 2014
Lot Size 2,240 Sqft
Acres 0.06
Lot Dimensions 32X70
Property Description
Three levels of functional space provide an excellent investment value. This storefront property has excellent access, visibility and ample, metered short-term parking. There is a demonstrated history of a successful business operation here for over 42 years. Equipment for this presently used dry cleaning drop/tailor shop may be included in the sale. Location is high density, walking distance to Drexelbrook apartments and the SEPTA Trolley line. Unique illuminated signage is exempt from present zoning restrictions due to pre-existence. This sign is visible from nearby, heavily traveled Burmont Road. Signage can be updated, does not necessarily need to be replaced, reducing cost of entry for new business. Enhance your cash flow- 2, 2nd floor apartments, presently rented, average turnover is 10 years. History of regular maintenance reduces the likelihood of early term repairs- roof recoated two years ago, Central Air system 8 years old. New heating system 11/14. Lower level is walk-out, has high ceilings, contains functional workspace, storage and a powder room. Mechanicals and 80lb steam press equipment located on lower level, separate meters for gas and electric as well.
Location
State PA
County Delaware
Area Upper Darby Twp (10416)
Zoning C1
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Road Frontage Boro/Township
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Upper Darby
Others
Tax ID 16-11-01044-00
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Michael Citrenbaum • RE/MAX Preferred - Newtown Square
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States