1664 Old York Rd - Storefront Retail/Residential FOR SALE


Abington, PA 19001
$749,000 USD
215-358-1113

NO PHOTO

$749,000 USD
Storefront Retail/Residential - FOR SALE
null | Request Cap Rate

1664 Old York Rd
Abington, PA 19001


HIGHLIGHTS

  • Ample parking

OVERVIEW

First time on the market in 34 years!! First rate LOCATION for your business headquarters in desirable Abington Township, Montgomery County, PA. Don’t miss this chance for an unique investment opportunity on Old York Road along Abington’s business corridor. Tremendous business visibility/ exposure and ez access for clients via Old York Rd or Roy ave. Conveniently located on a main thoroughfare, this commercial/office first floor and 3 bedroom rental unit upstairs is across the street from McDonalds and Dunkin Donuts, and adjacent to Rita’s Italian Ice. This property has been used as a successful long-standing car sale business since 1991, but an investor or end user can use it for a number of business opportunities, plus reap rental income from the 3 bedroom upstairs unit. The exterior features 16+/- car parking, and a virtually maintenance free exterior design. The first floor offers an upscale modern design for 2 office areas, a well appointed rest room, kitchen, and storage room. Finer points include ceramic tile flooring, an abundance of recessed lighting throughout, chair rail, multi-dimensional ceilings, built-in shelving, some patterned tin ceiling areas and the list goes on… The second floor is presently being used as a three bedroom apartment with separate back entrance. Occupied and taken well care of by a 10+ year tenant. The entire property was always well maintained by an on site owner/operator for over 3 decades. Efficient gas utilities are economical and clean operating. The building has central air conditioning with 2 separate units. Walk to train within 5 mins & close to Bus routes.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,818 SF

ZONING

F1

APN/PARCEL ID

30-00-49552-008

ASK ABOUT THIS PROPERTY

John WeinrichRE/MAX LegacyMore Info
215-358-1113

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John WeinrichRE/MAX LegacyMore Info
215-358-1113

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