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870 E WELSH RD Maple Glen, PA 19002
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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC2060128
Sold Date 03/17/23
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $16,409
Tax Year 2023
Lot Size 0.845 Acres
Acres 0.84
Lot Dimensions 100.00 x 0.00
Property Description
Incredible opportunity for an Investor, Developer or Personal Business. Almost an acre of commercial real estate on an EXTREMELY busy commercial road in Maple Glen on the border of Horsham , Ambler and Upper Dublin Townships. A very sought after commercial and residential hub in Montgomery County. Owner can utilize the upstairs with a longterm stable tenant downstairs. Building has 2 units. First floor unit consist of approximately 4100 Sq ft and is currently leased to a very established Restaurant/Bar through 2027. Upstairs is approximately an additional 2100 Sq ft and is currently gutted space ready for office/business conversion. Upstairs has separate access/entrance from outside of the building. New Mechanical systems, compressors and roof have all been installed in 2022. Over 400k of repairs and upgrades in 2022. There is an Additional 2 car detached garage at the rear of the building which is currently also leased by the first floor tenant and used as storage.
Location
State PA
County Montgomery
Area Horsham Twp (10636)
Zoning 4282
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 22.0
Waterfront N
Water Access N
Accessibility Other
Parking Type Parking Lot
Total Parking Spaces 22
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hatboro-Horsham
Others
Tax ID 36-00-11464-002
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Steve Kim • Realty Mark Associates