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Key Details
Sold Price $270,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,040 sqft
Price per Sqft $53
Subdivision None Available
MLS Listing ID PABU157062
Sold Date 09/26/19
HOA Y/N N
Originating Board TREND
Year Built 1994
Annual Tax Amount $6,300
Tax Year 2018
Lot Size 2.350 Acres
Acres 2.35
Lot Dimensions 00 X 00
Property Description
Buyer Incentive: 6 months of condo fees to be paid by SELLER at closing (Offer good through August 31, 2019)! More than 5000 square feet of commercial & light industrial condo space in the heart of Southampton's industrial and business corridor! This highly traveled area with easy access to all major roads, including the PA Turnpike, Interstate 95, Street Road and Route 1, gets excellent exposure from highly visible signage on the main thoroughfare. Don't need that much space? This property easily can be divided into rental spaces and an owner-occupant looking to off-set overhead costs with rental income. The unit has 6 entrances, including one with double doors, and use of two parking lots-one on each side of the building-and features lots of office space, additional rooms, storage areas, a kitchenette, 2 sets of bathrooms, and a half bath with utility sink. Windows across the entire front of the building provide plenty of natural light. Ground-level is accessible space. Upper Southampton Zoning map shows site zoned LI (Light Industrial). Uses are nearly unlimited! Great potential for physical therapy, personal training, office space, day care, contracting, public adjuster, storage or warehouse. This versatile unit can be stripped down to the walls & exposed ceiling for a more industrial look or to create a blank canvas, so you can configure the space to meet your specific needs! Current owner occupies 3900 sq. ft as a print shop that is fully heated and air conditioned warehouse like space plus multiple offices. The remaining 1100 sq.ft has a side entrance and is leased as office space. Both current owner and tenant would be open to leasing some space from new owner if desired, but it is not necessary. Rooftop, gas-fired unit for heating and cooling (2014). Newer roof as of 2014- documented. 400-amp electric service with adequate outlets. Electric hot water heater. Public water & sewer. Concrete flooring in shop area. Commercial grade carpeting in offices and hallways. The building is a total of 11,000 sq ft but is owned by 2 different entities: upper level is a little over 6000 sq ft and lower level is 5040 sq ft. Lower level is listed. Condo fees are $427.72 per month, see attached responsibility sheet.
Location
State PA
County Bucks
Area Upper Southampton Twp (10148)
Zoning LI
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Heavy Duty
Fireplace N
Heat Source Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Flat,Built-Up
Accessibility Mobility Improvements
Road Frontage State
Parking Type Parking Lot
Garage N
Building
Building Description Other, Kitchen
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District Centennial
Others
Tax ID 48-020-042-010
Ownership Condominium
Special Listing Condition Standard
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Bought with Ilya Vorobey • RE/MAX Elite