442 N Lewis Rd - Freestanding FOR SALE


Limerick, PA 19468
$625,000 USD
610-594-2261
442 N Lewis Rd, Limerick, PA for Sale
$625,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

442 N Lewis Rd
Limerick, PA 19468


HIGHLIGHTS

  • Excellent visibility in high traffic area.
  • Retail building and residence on site for income producing opportunities.
  • Land can be redeveloped under Lewis Road Overlay District Class II Zoning.

OVERVIEW

The property includes a 1524 SF Retail building (ALSO FOR LEASE $2100/month + Electric) and a 1920 SF Residence (with basement) both with private off-street parking and public water and sewer. Retail building has retail/display area, sales counter area, office area and work or storage areas including a restroom and shop sink. Residence has 4 bedrooms, 2 1/2 bathrooms, office, kitchen & living room. Front porch, barn and shed. Current use for the RETAIL building is non-conforming use, however zoning section 184-50B provides guidance on how a nonconforming use can change. If the retail use intensity is equal or less than the existing use, a special exception can be filed to change the use from one nonconforming use to another. Alternatively, redevelopment of the site is now permitted under the Lewis Road Overlay District Class II with numerous conditional commercial uses.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

R3 & Lewis Road Overlay

APN/PARCEL ID

37-00-01585-007

ASK ABOUT THIS PROPERTY

Charlene TuckerInterland Real Estate CorporationMore Info
610-594-2261

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

Charlene TuckerInterland Real Estate CorporationMore Info
610-594-2261

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