(LARGE STREET FRONTAGE )1.40 Acres / 60,600 /Sqft SELLER - LEASEBACK Income-producing assemblage of parcel Taxes are combined for the whole parcel FULLY LEASED (6.5 Cap Rate) Multiple Mixed-Use of over 18 K Sq Ft. Excellent opportunity for an income-producing investment/1031 Exchange! Highly visible property consisting of Five(5) Buildings of Multiple Mixed-Use: Office/Retail/Medical/Dental/Storage/Warehouse plus 1 Apartment Unit, 5 Garage, and approximately 60 Private Parking Spots directly off West Chester Pike/Rt 3, and all currently leased. Two ingress/egress from West Chester Pike/Rt 3. Total Rental Yearly Income $252,722 / $21,060/MONTHLY; NOI, $169,439/ANNUALLY. Over 18,100k Sq Ft of total rentable square footage. Unit sizes vary from 700 Sq Ft to 3,381 Sq Feet. Tall Pole Signage is available. The property has been very well maintained. Conveniently located for quick access to Rt 3, 476, I-95, Center City, Philadelphia; with close proximity to many other retail shops, banks, restaurants, and Public Transportation. TAX ID's16-08-02796-00 and 16-08-02767-03. Buyer to confirm information, including square footage, acreage, and cap rate. Documents available: Parcel Maps, County Property Records, Rental Roll Details, and Net Operating Income.
Courtesy of Coldwell Banker Realty, Philip Cannavo
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s), the owner of this website, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
©2023 BRIGHT MLS. All rights reserved.
Data last updated 12:58 AM UTC, 2/4/23