$1,375,000
$1,500,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
0.43 Acres Lot
SOLD DATE : 02/23/2017
Key Details
Sold Price $1,375,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Bryn Mawr Pl
MLS Listing ID 1003943499
Sold Date 02/23/17
HOA Y/N N
Originating Board TREND
Year Built 1956
Annual Tax Amount $20,810
Tax Year 2017
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 199X125
Property Description
The Property is a two story office building located on Glenbrook Avenue In Radnor Township, Delaware County, PA. The owner's medical practice has occupied the majority of the building during the span of ownership. There are currently two tenants occupying space on short term leases. This presents an opportunity for a user/owner to hold their practice in the remaining space and collect positive cash flow from the other tenants. It also provides an opportunity for an investor to collect positive cash flow and lease up the remainder of the space further increasing income and ROI. Current rents are below market allowing for even more value add potential.
Location
State PA
County Delaware
Area Radnor Twp (10436)
Zoning C-1
Rooms
Other Rooms Primary Bedroom
Interior
Flooring Tile/Brick, Carpet
Fireplace N
Heat Source Electric, Oil
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Flat,Metal
Road Frontage Boro/Township
Parking Type None
Garage N
Building
Building Description Other, Public Restrooms,Private Restrooms
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District Radnor Township
Others
Tax ID 36-05-03080-00
Ownership Fee Simple
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Bought with Brady M Carroll • KW Commercial