Ambler, PA 19002,57 E BUTLER AVE
$514,000
Est. payment /mo
$799,900
35.7%
Est.Price: ?

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7,072 Sqft Lot
SOLD DATE : 01/08/2016

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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Bright MLS (BMLS)
Listed by Walter Studley • Walter Studley Real Estate Sales Corp
Bought with Dino A D'Orazio • Keller Williams Real Estate-Blue Bell

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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