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Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 11,760 sqft
Price per Sqft $51
MLS Listing ID PABU518356
Sold Date 12/06/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1903
Annual Tax Amount $10,579
Tax Year 2021
Lot Size 9,000 Sqft
Acres 0.21
Lot Dimensions 50.00 x 180.00
Property Description
Historic building in downtown Quakertown on a corner lot with onsite off-street parking. The building was constructed in 1903, and an addition was added in 1955. There are currently six commercial tenants which occupy office and retail space on the first, second, and third floors. There are two office spaces that remain vacant on the second floor. Rental history is available by request. Existing tenants generate an annual gross rental income of $95,316.
The second and third floors may be converted for use as residential apartment space, but would require renovations to do so.
Location
State PA
County Bucks
Area Quakertown Boro (10135)
Zoning C2
Interior
Hot Water Electric
Heating Steam
Cooling Central A/C, Ductless/Mini-Split
Flooring Carpet, Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 16.0
Water Access N
Roof Type Tile,Flat
Accessibility 2+ Access Exits, 36\"+ wide Halls, 32\"+ wide Doors
Total Parking Spaces 16
Garage N
Building
Lot Description Corner
Foundation Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Quakertown Community
Others
Tax ID 35-008-280
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Nathan Soliday • RE/MAX 440 - Perkasie
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