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Key Details
Sold Price $2,172,023
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 23,547 sqft
Price per Sqft $92
MLS Listing ID PADE2009410
Sold Date 02/07/23
Originating Board BRIGHT
Year Built 1953
Annual Tax Amount $53,702
Tax Year 2022
Lot Size 1.400 Acres
Acres 1.4
Property Description
(LARGE STREET FRONTAGE )1.40 Acres / 60,600 /Sqft SELLER - LEASEBACK Income-producing assemblage of parcel Taxes are combined for the whole parcel FULLY LEASED (7.0) Cap Rate) Multiple Mixed-Use of over 18 K Sq Ft. Excellent opportunity for an income-producing investment/1031 Exchange! Highly visible property consisting of Five(5) Buildings of Multiple Mixed-Use: Office/Retail/Medical/Dental/Storage/Warehouse plus 1 Apartment Unit, 5 Garage, and approximately 60 Private Parking Spots directly off West Chester Pike/Rt 3, and all currently leased. Two ingress/egress from West Chester Pike/Rt 3. Total Rental Yearly Income $252,722 / $21,060/MONTHLY; NOI, $169,439/ANNUALLY. Over 18,100k Sq Ft of total rentable square footage. Unit sizes vary from 700 Sq Ft to 3,381 Sq Feet. Tall Pole Signage is available. The property has been very well maintained. Conveniently located for quick access to Rt 3, 476, I-95, Center City, Philadelphia; with close proximity to many other retail shops, banks, restaurants, and Public Transportation. TAX IDs16-08-02796-00 and 16-08-02767-03. Buyer to confirm information, including square footage, acreage, and cap rate. Documents available: Parcel Maps, County Property Records, Rental Roll Details, and Net Operating Income.
Location
State PA
County Delaware
Area Upper Darby Twp (10416)
Zoning C-60
Interior
Hot Water Natural Gas
Heating Other
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 61.0
Utilities Available Above Ground, Phone Available, Natural Gas Available, Electric Available, Phone Connected, Sewer Available, Water Available
Water Access N
Roof Type Architectural Shingle
Street Surface Black Top
Accessibility Other
Total Parking Spaces 61
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Upper Darby Senior
School District Upper Darby
Others
Tax ID 16-08-02796-00
Ownership Fee Simple
SqFt Source Estimated
Security Features Exterior Cameras,Electric Alarm
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Honey J Bass • Long & Foster Real Estate, Inc.