$325,000
$350,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
4,800 Sqft Lot
SOLD DATE : 04/17/2023
Key Details
Sold Price $325,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID PAMC2046288
Sold Date 04/17/23
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $7,971
Tax Year 2022
Lot Size 4,800 Sqft
Acres 0.11
Lot Dimensions 54.00 x 0.00
Property Description
CALLING ALL SMALL BUSINESS OWNERS --Here's an excellent opportunity for you to live and work in one place. This is a residence and business space in one! Live in the apartment upstairs while running your small business on the first and second floors. There is a separate income-producing, leasable space attached to the building to help cover your costs.
This well-maintained property in the heart of Elkins Park village consists of a 3-story, approx. 2100 square foot building with unfinished basement currently configured as a beauty salon; and an adjacent 600 square foot storefront with basement currently leased to a dog grooming business. Income property brings in $10,000/yr.
There are seven parking spots in the rear of the building as well as ample street parking and a municipal parking lot across the street.
If you're thinking of starting your own salon or other business, then this could be just what you're looking for. The property has housed a successful beauty salon for more than 30 years. Select equipment and furniture will convey with the sale if buyer requests.
The second unit is currently operating as a dog grooming salon. There is no lease and the long-term tenant is operating on month-to-month basis and would like to stay. Rent has been $850/year for several years.
This property is centrally located one block from the Elkins Park Regional Rail station and in the heart of the Elkins Park village which includes the popular Food Chasers Restaurant, Creekside Market & Tap, Goat House Creamery and Coffee and High School Park.
Property is zoned MU2 . As of right uses include bank or financial institution, bed & breakfast, personal care business, professional care business, retail, restaurant, studios for dance, art, music, photography, yoga and more. The Cheltenham township zoning office is the source for information about permitted uses or any commercial/residential conversion possibilities.
Schedule your showing today!
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning C3
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 6.0
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Accessibility None
Road Frontage Boro/Township
Parking Type Parking Lot, On Street
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cheltenham
Others
Tax ID 31-00-19390-001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Natasha Ocasio • Realty Mark Associates-CC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "