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Amazing opportunity for your business with additional rental income or a commercial development in a prime location with excellent frontage and exposure on Ridge Pike. This property sits on over an acre of ground in Lower Providence Township. The main building and carriage home combined have 2 or more office spaces, 3 residential units with a potential for more, and 4 baths total (plumbing is in place for an additional 2 bathrooms). Plenty of upside income potential! These classic buildings are located on Ridge Pike and a short distance west of Route 363, with maximum traffic exposure. The main building and carriage home offer over 9,300 square feet and there is a parking lot with 20 spaces (including 2 handicap spaces) and 6-car parking beside the carriage home. The first floor of the main building includes 2 or more office spaces and a bathroom. The second floor includes several bedrooms and a full bathroom. The third floor offers a 1 Bedroom / 1 Bath apartment (currently leased for $1,350/month). The carriage home is a 2 Bed / 1 Bath apartment (currently on a 3-month lease at $1,700/month). This building also features a standing seam metal roof (installed in 2015) and a full basement. The location can't be beat and the opportunities are endless, schedule your showing today before it's too late!
| DAYS ON MARKET | 316 | LAST UPDATED | 8/19/2024 |
|---|---|---|---|
| YEAR BUILT | 1960 | COMMUNITY | Lower Providence Twp (10643) |
| COUNTY | MONTGOMERY | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Mar 18, '24 | $1,150,000 |
|---|---|
| Mar 18, '24 - Apr 25, '24 | $1,100,000 |
| Apr 25, '24 - Jun 18, '24 | $985,000 |
| Jun 18, '24 - Aug 19, '24 | $925,000 |
| Aug 19, '24 - Today | $900,000 |
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater |
|---|---|
| AREA | Lower Providence Twp (10643) |
| CONSTRUCTION | Brick, Stone |
| HEAT | Baseboard, Electric, Forced Air, Oil |
| LOT | 1.05 acre(s) |
| LOT DIMENSIONS | 147.00 x 0.00 |
| SEWER | Public Sewer |
| TAXES | 12368 |
| VIEW | Yes |
| VIEW DESCRIPTION | Park/Greenbelt |
| WATER | Public |
| ZONING | 4100 Mix: Retail, Ofc, Apts - Multi-Use / RIDGE PIKE BUSINESS DISTRICT |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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