345 N York Rd - Medical CONDO FOR SALE


Hatboro, PA 19040
$750,000 USD
267-885-8159
345 N York Rd, Hatboro, PA for Sale
$750,000 USD
Medical CONDO - FOR SALE
1/24
null | Request Cap Rate

NEW


345 N York Rd
Hatboro, PA 19040


HIGHLIGHTS

  • Established Medical Office Location
  • Private Covered Entry
  • Combination of Exam Rooms & Private Offices
  • Excellent Window Lines
  • High Visibility Signage Along High Traffic York Road
  • 17 Hospitals Within a 10-mile Radius

OVERVIEW

Penn’s Grant Realty Corporation, as exclusive advisor, is pleased to present the opportunity to acquire a 4,648-square-foot medical office condominium at 345 N. York Road, Hatboro, PA. The offering represents an opportunity for both owner-occupiers and investors seeking a well-located, income-producing medical office asset in Montgomery County. The property is ideally configured for a range of medical and professional users, including dental practices, primary care physicians, specialty medical providers, and wellness-oriented tenants. 2,545 SF of the unit is subject to a brand new 10-year lease with a counseling and wellness tenant, providing immediate and stable investment income from day one. The remaining 2,103 SF is available for immediate occupancy, presenting an owner-occupier with the ability to operate their own business while benefiting from in-place rental income to offset occupancy costs. For a pure investor, the property offers a clear path to full stabilization with a tenant base already established. Located along York Road, a primary commercial corridor connecting Montgomery and Bucks Counties, the property benefits from prominent visibility and convenient access within one of the region’s most established sub-markets, surrounded by a dense and growing base of patients and professionals.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Medical Offices

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

16,040 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

O,Hatboro Boro

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matthew EisenschmidPenn's Grant Realty CorporationMore Info
267-885-8159

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Matthew EisenschmidPenn's Grant Realty CorporationMore Info
267-885-8159

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