Richland Twp, PA 18951,200 Kelly Road
$2,800,000
Est. payment /mo
$2,350,000
19.1%
Est.Price: ?

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15,170 SqFt
SOLD DATE : 02/28/2022

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

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Listed by Brode & Brooks Inc
Bought with Brode & Brooks Inc

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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