613 W Cheltenham Ave - Office/Residential FOR SALE


Elkins Park, PA 19027
$875,000 USD
610-608-7977
613 W Cheltenham Ave, Elkins Park, PA for Sale
$875,000 USD
Office/Residential - FOR SALE
1/7
null | Request Cap Rate

613 W Cheltenham Ave
Elkins Park, PA 19027


OVERVIEW

Commercial building for sale on 613 W Cheltenham Av in Melrose Park. This is a cleaned out building with approx 11, 500 sq ft on the two floors and with 1,166 sq ft in usable basement space. The property comes with a 6 parking spaces that will be located on 0 Coventry Rd next to it and it is a subject of the lot consolidation. The building is granted a variance for 6 units and a basement space for office or storage. This building has an enormous potential for a development, it has a prime location and it will have a very high cash flow once developed. The buyer has to do the due diligence with the township in respect to approved variance. All offer will be presented.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,710 SF

ZONING

MU3, Cheltenham Twp

APN/PARCEL ID

31-00-05488-007

ASK ABOUT THIS PROPERTY

Marc WiserGo CommercialMore Info
610-608-7977

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Marc WiserGo CommercialMore Info
610-608-7977

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