For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,800,000
Property Type Commercial
Sub Type Office Building
Listing Status Sold
Purchase Type For Sale
Square Footage 15,170 sqft
Price per Sqft $184
MLS Listing ID 678574
Sold Date 02/28/22
Year Built 1987
Annual Tax Amount $28,761
Lot Size 2.150 Acres
Property Description
User or Investor Opportunity - This 15,170 SF one story office building has six tenant spaces, five of which are currently occupied and generating a "net" annual base rent of $136,274 ("nets" are approximately $3.10 per SF per year - and are in addition to the base rent shown). One space (Suite E2 of 3750 SF is available for rent at $12 per SF per year plus the "nets"). The property sits on 2.15 acres with 60 parking spaces and is zoned "Planned Industrial" (PI). It is located 1 block from Route 309 with easy access to the Lehigh Valley. The cell tower is NOT included in this offering. The six office suites have their own electric and gas services, restrooms and kitchen areas. This is an excellent opportunity for someone who needs to fill the back end of a 1031 exchange or an owner/ user. Detailed lease information is available.
Location
State PA
County Bucks
Area Richland
Interior
Cooling Central AC
Exterior
Parking Features On Site
Garage Spaces 60.0
Utilities Available Gas Available, 50-200 AMP
Building
Sewer Public
Water Public
New Construction No
Others
Financing Conventional
Special Listing Condition Not Applicable
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Brode & Brooks Inc