22-26 E Mount Pleasant Ave - Office/Residential FOR SALE


Ambler, PA 19002
$995,000 USD
215-816-5835
22-26 E Mount Pleasant Ave, Ambler, PA for Sale
$995,000 USD
Office/Residential - FOR SALE
1/62
null | 8.31% Cap Rate

22-26 E Mount Pleasant Ave
Ambler, PA 19002


OVERVIEW

This exceptional property located in the thriving Ambler Borough offers a unique blend of residential and commercial spaces, making it an ideal investment for those seeking both income and operational convenience. Operate your own business out of the first floor, while receiving income from the 3 apartments. Residential Units - The property features three spacious 2-bedroom apartments, each equipped with separate utilities except for water. These units contribute to a potential gross operating income of $122,400, providing a stable and lucrative revenue stream. Commercial Space - On the first floor, you will find an expansive office and warehouse space that spans over 3700 square feet. This area is perfect for running your business, offering: •??Five offices •??A kitchen •??Printer room •??Computer room •??Adjacent shop with outside access LOCATION & ACCESSIBILITY: The property is strategically situated within walking distance from the express SEPTA Ambler Train station, providing effortless connectivity to the Philadelphia metropolitan area. Additionally, it boasts easy access to major routes including 309, PA Turnpike, 476, and 73. This location has a population of 10,211 and an average annual income of $139,345 within a one-mile radius. MAINTENANCE & UTILITIES: The building has been meticulously maintained, ensuring that all units are in excellent condition. Each apartment unit is independently metered for utilities, promoting efficient management and tenant satisfaction. CONCLUSION: This mixed-use property in Ambler Borough presents a rare opportunity to enjoy substantial income from residential units while operating your business from a well-equipped commercial space. Its prime location and excellent maintenance make it a valuable asset for any investor.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

8.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

undefined, Service, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

I - Industrial District

APN/PARCEL ID

01-00-02620-007,01-00-02623-004

ASK ABOUT THIS PROPERTY

Craig Fernsler, CCIMKW CommercialMore Info
215-816-5835

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Craig Fernsler, CCIMKW CommercialMore Info
215-816-5835

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