Maple Glen, PA 19002,870 E WELSH RD
Maple Glen, PA 19002,870 E WELSH RD
Maple Glen, PA 19002,870 E WELSH RD
$1,200,000
Est. payment /mo
$1,200,000
Est.Price: ?

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0.84 Acres Lot
SOLD DATE : 03/17/2023

Key Details

Sold Price $1,200,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PAMC2060128

Sold Date 03/17/23

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $16,409

Tax Year 2023

Lot Size 0.845 Acres

Acres 0.84

Lot Dimensions 100.00 x 0.00

Property Description

Incredible opportunity for an Investor, Developer or Personal Business. Almost an acre of commercial real estate on an EXTREMELY busy commercial road in Maple Glen on the border of Horsham , Ambler and Upper Dublin Townships. A very sought after commercial and residential hub in Montgomery County. Owner can utilize the upstairs with a longterm stable tenant downstairs. Building has 2 units. First floor unit consist of approximately 4100 Sq ft and is currently leased to a very established Restaurant/Bar through 2027. Upstairs is approximately an additional 2100 Sq ft and is currently gutted space ready for office/business conversion. Upstairs has separate access/entrance from outside of the building. New Mechanical systems, compressors and roof have all been installed in 2022. Over 400k of repairs and upgrades in 2022. There is an Additional 2 car detached garage at the rear of the building which is currently also leased by the first floor tenant and used as storage.

Location

State PA

County Montgomery

Area Horsham Twp (10636)

Zoning 4282

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 22.0

Waterfront N

Water Access N

Accessibility Other

Parking Type Parking Lot

Total Parking Spaces 22

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Hatboro-Horsham

Others

Tax ID 36-00-11464-002

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Christopher K Somers • Keller Williams Philadelphia
Bought with Steve Kim • Realty Mark Associates

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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