UPDATED:
09/27/2024 01:57 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,050 sqft
Price per Sqft $485
MLS Listing ID PAMC2118540
Originating Board BRIGHT
Year Built 2019
Tax Year 2021
Property Description
This impressive offering comprises 9,050 square feet and is 100% occupied, making it an exceptional passive investment opportunity. Situated in Wyndmoor, Montgomery County, approximately one half mile from the Philadelphia County line, this retail center is positioned for success.
Completed in 2019, the offering is part of a mixed-use development encompassing 27,000 square feet. In addition to the six ground floor, class A retail units, the development consists of ten residential condominiums, which are not included in this offering.
Each unit is individually parceled, sub-metered, and managed by the condominium association. As a result, this offering represents an unmatched net-lease investment opportunity within a resilient asset class and thriving location.
With 167,000 residents within a three-mile radius and an average household income of $95,000, the strong demographic profile of the area is evident.
Don't miss out on this exceptional investment opportunity! Contact the listing agent for more information.
Location
State PA
County Montgomery
Area Springfield Twp (10652)
Zoning B-1 BUSINESS
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 60.0
Waterfront N
Water Access N
Accessibility 32\"+ wide Doors
Total Parking Spaces 60
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Springfield Township
Others
Tax ID 52-00-18424-181
Ownership Condominium
Acceptable Financing Cash, Exchange, Private, Conventional
Listing Terms Cash, Exchange, Private, Conventional
Financing Cash,Exchange,Private,Conventional
Special Listing Condition Standard
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