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    8116 Old York Road

    ELKINS PARK, PA 19027
    • $694,500
    • STATUS: Active
    • ON SITE: 157 days
    • ID#: PAMC677598
    UPDATED: 41 min ago
    $694,500
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    School District:

    Description

    Excellent opportunity to own a retail/office building in the heart of Elkins Park's busy business district. The 2700sf first floor is currently leased for $3,100. and the 2nd floor is the lease for $2,000 on the unit and other units owner-occupied. This building with possible over $7000 per month of cash flow assuming 3rd unit leased out. The 4000sf 2nd floor is currently occupied by Paragon Homer Care Inc. and owner-occupied Architect office with elevator and 2 separate stairs to the street level. All newly rehabbed each with multiple private offices, reception, and bathrooms. The is parking in the rear of the building, a driveway, parking at the office building behind, meter parking on the side of the building, and a public parking lot across the park. We have a lease agreement with the office building next door for 25 spaces on Friday and the weekend. This is can be any retail, restaurant, multiple offices, daycare, etc. All units can be shown from 9-4 pm. Welcome to schedule your showing.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-11T15:55:25.087.
    www.locomusings.com/homes/112396816
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    8116 Old York Road ELKINS PARK, PA 19027

    • Price: $694,500
    • Status: Active
    • Updated: 41 min ago
    • ID#: PAMC677598
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1940
    Built
    Neighborhood:
    Elkins Park
    County:
    Montgomery
    Area:
    Cheltenham Twp (10631)
    School District:
    Cheltenham
    Property Description
    Excellent opportunity to own a retail/office building in the heart of Elkins Park's busy business district. The 2700sf first floor is currently leased for $3,100. and the 2nd floor is the lease for $2,000 on the unit and other units owner-occupied. This building with possible over $7000 per month of cash flow assuming 3rd unit leased out. The 4000sf 2nd floor is currently occupied by Paragon Homer Care Inc. and owner-occupied Architect office with elevator and 2 separate stairs to the street level. All newly rehabbed each with multiple private offices, reception, and bathrooms. The is parking in the rear of the building, a driveway, parking at the office building behind, meter parking on the side of the building, and a public parking lot across the park. We have a lease agreement with the office building next door for 25 spaces on Friday and the weekend. This is can be any retail, restaurant, multiple offices, daycare, etc. All units can be shown from 9-4 pm. Welcome to schedule your showing.
    Exterior Features

    Construction Materials Other Garage YN No Parking Types Parking LotDrivewayLeased To Off SiteOn Street Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 0.00 Cooling Central A/C Exclusions Tenants Belonging Flooring CarpetHardwood Heating Heat Pump(S) Heating YN Yes Net Square Feet 7000.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features 36"+ Wide HallsElevatorDoors - Swing InLevel Entry - MainRamp - Main Level Assessment Year 2021 Association YN No Business Type ProfessionalOtherBanquet Facility/Lodge Central Air YN Yes Cooling Fuel Electric Cross Street Church Elevators 1 Heating Fuel Electric Historic YN No Hot Water Electric Incorporated City Name Cheltenham Twp Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 304413536235 Ownership Interest Fee Simple Possession Immediate Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 21902.00 Tax Assessment Amount 346970.00 Tax Lot 062 Vacation Rental YN No Water Source Public Zoning C3 Zoning Description Offices & Event Space

    Listing courtesy of Keller Williams Realty - Cherry Hill.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-11T15:55:25.087.
     
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    LoCoMusings | Century 21 Redwood Realty
    540 Fort Evans Road Suite 303
    Leesburg VA, 20176