1518-1520 Bethlehem Pike - Storefront Retail/Residential FOR SALE


Flourtown, PA 19031
$385,000 USD
215-327-8416
1518-1520 Bethlehem Pike, Flourtown, PA for Sale
$385,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

1518-1520 Bethlehem Pike
Flourtown, PA 19031


HIGHLIGHTS

  • The storefront, presents excellent signage and has enjoyed a consistent tenancy history.
  • The area includes two supermarkets, several coffee shops, and a Movie Tavern.
  • This property presents a great opportunity for an investor or owner-occupant
  • Conveniently located nearChestnut Hill, Center City, Route 309, and other major travel routes, this property is highly accessible.

OVERVIEW

Prime Flourtown Multi-Use building offers two residential one-bedroom apartments & 2-3 commercial units,located in the prime shopping district of Springfield Township. The storefront, presents excellent signage andhas enjoyed a consistent tenancy history. The first-floor commercial space spans approximately 1,500 sq ft,with an additional 125 sq ft office on the second floor and about 1,200 sq ft in residential apartments. Theproperty is equipped with 200 AMP electric service. The space may be divided as needed. Photos are frompast tenant spaces. Property needs work. Rents have never been increased so they are way below marketvalue. One unit pays $750/mo, the other unit was paying $750/mo. There are 3 vacant store fronts. The lasttenat was paying $700/mo. The area includes two supermarkets, several coffee shops, and a Movie Tavern.This property presents a great opportunity for an investor or owner-occupant. Conveniently located nearChestnut Hill, Center City, Route 309, and other major travel routes, this property is highly accessible. Makean offer today!!

FOR SALE DETAILS

PRICE

$385,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

B2

APN/PARCEL ID

52-01861004

ASK ABOUT THIS PROPERTY

Mark MalfaraBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
215-327-8416

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Mark MalfaraBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
215-327-8416

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.