$460,000
$500,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
2,700 SqFt
SOLD DATE : 06/28/2021
Key Details
Sold Price $460,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $170
MLS Listing ID PABU524638
Sold Date 06/28/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1991
Annual Tax Amount $10,092
Tax Year 2020
Lot Size 2,800 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Description
Introducing two commercial condos located at the Sterner's Mill Office Center. This commercial condo complex is conveniently located on Street road, close to all major highways. Currently Unit 375 comes occupied as of May 2020 with a 5-year lease term, tenants pay $1,750 plus utilities each month. The rent is subject for a 3% increase annually. Both 371 and 375 were renovated with all-new flooring and ceiling lights, with unit 371 receiving a new HVAC system, with a 5-year warranty.With its close proximity to I-95, Park's Casino, the Pennsylvania turnpike, and heavily trafficked Street road, this bustling area is convenient for any type of business.
Location
State PA
County Bucks
Area Lower Southampton Twp (10121)
Zoning C
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 70.0
Waterfront N
Water Access N
Accessibility Level Entry - Main, No Stairs
Parking Type Parking Lot
Total Parking Spaces 70
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Neshaminy
Others
Tax ID 21-015-006-371
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut