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Key Details
Sold Price $549,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,552 sqft
Price per Sqft $154
MLS Listing ID PADE2005142
Sold Date 12/08/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $4,819
Tax Year 2021
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 131.00 x 175.00 (House) 121.00 x 90.00 (Garage)
Property Description
Investor Alert! 2 Commercial Properties in prime Chichester / Boothwyn location exactly 1 minute to I-95! Sale includes 2 adjacent properties totaling half acre with shared driveway (2335 & 2337 Chichester Ave). Commercial Building (Workshop/Warehouse/Garage) and 2 story completely renovated house both with low taxes. Exceptional location at the intersection of Chichester Ave & Meetinghouse Rd ideal for investment or development. Could serve many purposes and be a perfect office/shop for tradesmen (plumbing, electrical, contractors, carpenter, woodworking, cabinet making), service providers, warehouse... the list goes on (for more zoning info, contact Twp). Shop is 40 x 40 / 1,600 sq ft with 2 - 11' overhead drive-in doors and a nice office; could be split into 2- 800 sq ft spaces with door spacing! Office is 20 x 40 / 800 sq ft with 3 workstations, newer bathroom & kitchenette, storage and separate foyer area perfect for accepting deliveries. All contents (minus personals) can be included - cubicles, filing cabinets, furniture, etc. Ready to go! Overhead storage above office area. Single family home on property had recent $125k+ renovation including windows, roof, HVAC systems, plumbing, porch, kitchen & bath and is like new. 3 bedroom/1 bath 1,152 sq ft home currently being rented for $1500/month is on month-to-month with 60-day notice by fantastic tenants who have resided since 2019. This is the right property - great condition, many possible uses, location (location, location) and is only available due to retirement. Don't miss out on the one you have been waiting for to grow your business and/or provide reliable rental income. Looking for a property where you can live and work... this is it! Current market for shop rental in the $3500 range and they have been renting fast. Overall, potential total monthly property income around $5,000 ($60k annually) and low taxes (around $8k for both properties). 11% cap rate. Make your appointment to see this cash cow today as it won't last. Please don't walk property without appointment. Property Addresses: 2335 & 2337 Chichester Avenue / Tax IDs 09-00-00824-01 & 09-00-00825-00.
Location
State PA
County Delaware
Area Upper Chichester Twp (10409)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Flooring Concrete
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Utilities Available Water Available, Sewer Available, Natural Gas Available
Water Access N
Roof Type Flat
Accessibility None
Total Parking Spaces 8
Garage N
Building
Lot Description Open, Private, Rear Yard, SideYard(s)
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Chichester
Others
Tax ID 09-00-00825-00 & 09-00-00824-01
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Dawn Saunders • Century 21 The Real Estate Store