115 Upper Bermudian Rd - Convenience Store FOR SALE


Gardners, PA 17324
$449,000 USD
201-355-3103
115 Upper Bermudian Rd, Gardners, PA for Sale
$449,000 USD
Convenience Store - FOR SALE
1/19
null | Request Cap Rate

115 Upper Bermudian Rd
Gardners, PA 17324


HIGHLIGHTS

  • Flexible Zoning
  • Value Add
  • Existing Residential Income

OVERVIEW

The Claudius Group at KW Commercial is pleased to present an excellent value-add mixed-use commercial and residential investment opportunity at 115 Upper Bermudian Road in Gardners, Pennsylvania. Positioned within the Village (V) zoning district and immediately adjacent to properties with industrial and agricultural zoning, this approximately 6,000 SF two-story property offers a unique combination of commercial space, existing residential income, parking, and future repositioning potential. The property occupies approximately 17,130 SF of land (0.39 acre) and provides parking for approximately 20 vehicles. The first floor was formerly utilized as a neighborhood convenience store and gas station and is currently vacant, providing a purchaser with the opportunity to renovate and reposition the commercial component for a new business, owner-user operation, or investment use, subject to applicable zoning and municipal approvals. The second floor contains a 3+ bedroom residential apartment that has been occupied by the same tenant since 2012. The apartment is currently leased on a month-to-month basis at $825 per month, providing an existing annual gross residential income of $9,900.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

V

APN/PARCEL ID

40-G04-0068-000

ASK ABOUT THIS PROPERTY

Marcos ClaudiusKW CommercialMore Info
201-355-3103

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Marcos ClaudiusKW CommercialMore Info
201-355-3103

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