$432,500
$465,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
0.66 Acres Lot
SOLD DATE : 02/23/2018
Key Details
Sold Price $432,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Horsham Valley Estat
MLS Listing ID 1004290235
Sold Date 02/23/18
HOA Y/N N
Originating Board TREND
Year Built 1940
Annual Tax Amount $5,789
Tax Year 2018
Lot Size 0.656 Acres
Acres 0.66
Lot Dimensions 100
Property Description
Remarkably well situated on Easton Road, with over 100' of frontage on a corner lot, this property is for sale as a commercial property, as an imporved building lot and as a possible residential property. Redevelopment opportunities abound with the township allowing the new owner to build up to a 10,000 SF building on this property. Drive-through access is permissible as well. The Super Wawa development is under way and the Legal Intelligencer building sold at 340.00/SF just 500 feet away. We are asking 200.00+/SF. Horsham is also actively working with property owners to transform this Horsham corridor into a destination. Vehicle per day counts total 42,000 VPD in front of this property but this is within one mile of the PATP/Rt 276 with over 110,000 VPD counts. The region also has over 75,000 commuters employed at local corporations on a daily basis. This building was built in 1940 and converted to a physician's office in 1988. The practice was sold and the physician retained ownership of the building. There is significant deferred maintenance with this existing building. There is an existing law practice tenant on the second floor. This tenant would vacate within 30 days of sale.
Location
State PA
County Montgomery
Area Horsham Twp (10636)
Zoning GC2
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available
Water Access N
Street Surface US Highway/Interstate
Road Frontage State
Garage N
Building
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hatboro-Horsham
Others
Tax ID 36-00-03928-005
Ownership Fee Simple
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