$690,000
$800,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
505-A GERMANTOWN PIKE Lafayette Hill, PA 19444
3,894 SqFt
Key Details
Sold Price $690,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,894 sqft
Price per Sqft $177
Subdivision Whitemarsh Val Fms
MLS Listing ID PAMC618112
Sold Date 10/13/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1964
Annual Tax Amount $6,448
Tax Year 2020
Lot Dimensions 62.00 x 0.00
Property Description
Rare opportunity ! In the heart of Lafayette Hill is this former salon/ spa.Almost 4,000 square feet of space. Zoned Village Commercial which permits retail , office or residential uses. Multiple layout possibilities for occupant to use the building plus rent out space.Or for the shrewd investor. Former tenant rental was approximately $75,000 per year plus all utilities.Parking for 23 cars. This building is part of an association which has being created.There will be shared parking with 507 Germantown Pike. Association will cover landscaping,trash weekly,parking area and side walks maintenance and snow removal,streetlight maintenance all for just $736 per month ( projected association cost ) see attached preliminary docs. Property has been sub-divided from rear ground.Real Estate taxes to be adjusted. See attached site plan layout.
Location
State PA
County Montgomery
Area Whitemarsh Twp (10665)
Zoning VC1
Direction South
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Flooring Wood, Vinyl
Equipment None
Heat Source Natural Gas
Exterior
Garage Spaces 23.0
Water Access N
Roof Type Shingle
Street Surface Black Top
Accessibility Grab Bars Mod, 2+ Access Exits, Flooring Mod, Level Entry - Main, Mobility Improvements, Ramp - Main Level
Road Frontage State
Total Parking Spaces 23
Garage N
Building
Lot Description Backs - Open Common Area, Level, Private
Foundation Block
Sewer Public Sewer
Water Public
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Colonial
Others
Tax ID 65-00-04333-003
Ownership Condominium
Security Features Non-Monitored
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Jayesh C Shah • Homestarr Realty
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