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Key Details
Sold Price $325,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1001729088
Sold Date 09/13/18
HOA Y/N N
Originating Board TREND
Year Built 1953
Annual Tax Amount $8,484
Tax Year 2018
Lot Size 6,710 Sqft
Acres 0.15
Lot Dimensions 122X55
Property Description
7,044 sq ft retail building currently used as an automotive parts distributor, triple net lease in place until 12/31/2021. Great investment property. Income over $50,000/year. Tenant responsible for the following: rent, taxes, electric, water, phone, air, sewer, gas, fire inspection, insurance, repairs & maintenance, trash. Busy location in the heart of Penndel Boro. Easy access to major highways. 2 large overhead doors, all cinder block wall construction with 11 foot ceilings and steam I-beam support. 2 forced hot air heaters plus 2 warehouse electric heaters. Roof approximately 1 year old. Seller makes no representations as legal apartment on second floor. Building only for sale, do not speak to employees.
Location
State PA
County Bucks
Area Penndel Boro (10132)
Zoning RC
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Water Access N
Roof Type Flat
Road Frontage Boro/Township
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Neshaminy
Others
Tax ID 32-003-148
Ownership Fee Simple
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Bought with Rocco D'Armiento • BHHS Fox & Roach -Yardley/Newtown