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Key Details
Sold Price $514,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Ambler
MLS Listing ID 1002568786
Sold Date 01/08/16
HOA Y/N N
Originating Board TREND
Year Built 1922
Annual Tax Amount $12,592
Tax Year 2015
Lot Size 7,072 Sqft
Acres 0.16
Lot Dimensions 74
Property Description
Ambler Borough Landmark building. Turn of the century built for the Ambler Gazette. Recently the building was known as the Ambler Cabaret. Cabaret has been closed and vacant for many years. This space is approx. 5k sq. ft. Remainder of first floor was recently used as a flower shop and is approx. 2k sq.ft. for a total of approx. 7k sq. ft.on 1st floor. Total building square footage is estimated at between 12,000 and 15,000. Full basement below accessed from rear at ground level. Located on busy downtown Butler Pike. Great sized first floor for restaurant or many other retail uses. Three stories tall and has large pent roof over the sidewalk. Six entry doors on sidewalk. Two separate entries for the 2nd & 3rd floor apartments/offices. Three doors go into each retail space. One door goes into full basement by concrete steps. Loading door in the rear is accessed from the rear ally way. Upstairs features 5 apartments. All have separate electric including electric heating. Fire alarm system and door intercoms recently installed. Metal Fire escapes are at rear of building for each. Newer windows throughout. Also recently replaced roof with transferable warranty. Most apartments have updated kitchens, baths and have been painted. There are also 5 rooms last used as offices and meeting rooms. They could be converted to 3 or 4 more apartments. Building needs work. Rents could be in the 15k to 20k range per month depending on your rehab. Many possibilities for the investor or a user.,Listing agent can email floor plans if requested. Building square footage has NOT been determined. Figure has been estimated at between 12k and 15k.
Location
State PA
County Montgomery
Area Ambler Boro (10601)
Zoning C
Direction Southeast
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Flooring Tile/Brick, Wood, Carpet, Vinyl
Fireplace N
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Road Frontage State
Parking Type None
Garage N
Building
Building Description Plaster Walls, Display Window,Fire Alarm,Fire Escape,Janitorial Service,Kitchen,Refrigerator(s),Security Lighting,Security System,Walk-In Box
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Plaster Walls
New Construction N
Schools
School District Wissahickon
Others
Tax ID 01-00-00580-004
Ownership Fee Simple
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Bought with Dino A D'Orazio • Keller Williams Real Estate-Blue Bell