Listed By:
Coldwell Banker Realty
Address
51 N Towamencin Avenue, Lansdale, PA
Price
$ 650,000
Property Attributes
  • MLS#PAMC2086800
  • TypeCommercial
  • CountyMONTGOMERY
  • CityLansdale
  • AreaLansdale Boro
  • Zip19446
  • StyleGeneral Retail,Warehouse
  • Year Built1925
  • Taxes$ 5857
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size9,583 SqFt
Data Source:
Bright MLS
Property Description

ATTENTION SMALL BUSINESSMEN, INVESTORS & ENTREPEAUNERS. This is your chance to own a mixed-use income producing property in centrally located Lansdale PA. Located at the corner of Towamencin Ave and Mill St, Property has 2 units. Unit one is a 1300 sf ground level professional office space currently leased to long term tenant Miricle Ear. Unit two is a 2900 sf warehouse space with an additional 1400 sf second story executive office space with bathroom. This 4300sf space is currently vacant and ready to lease or occupy with your own business. The warehouse was designed for Wholesale distribution va UPS and Motor Freight. The building is equipped with two features not associated with a small warehouse. The first `17\feature is a depressed rear covered loading dock with levelers. The second feature consists of two (2) one half ton horsepower cranes. Details of the professional office space include the following: Reception area, large waiting room, two (2) built in workspaces, spacious private office with soundproof hearing testing booth, unisex ADA accessible bathroom, ADA accessible front entrance, 18 ft high ceilings with skylights. The tenant pays separate gas and electric. Water, sewer and taxes are included in the $1580 monthly rent. Tenant has own HVAC zone. Details of the warehouse space (in addition to loading dock and cranes) include 220-amp electric service, two (2) overhead gas burners, 10 ft ceilings, clear span, 3 electric overhead doors 10 X 9, 8x6, 10 x 9., ADA accessible unisex bathroom. The building has 2 zone HVAC (one for each unit). 7 parking spots (3 front. 4 rear). 50 ft frontage on Towamencin Ave, 190 ft frontage on Mill St. 420 sf Attic contains HVAC and hot water heater. Centrally located one block from Route 63, close to Routes 363,202,73 and 3 miles to exit 31 on PA Northeast Extension (I-476) Near Norristown, Plymouth Meeting, King of Prussia, Blue Bell, North Wales and Hatboro. Fork lift, Racks and miscellaneous equipment are negotiable for purchase. Property Zoning is Business District. Wholesale stores, Sale of general merchandise, Wholesale storage and sale of lumber, plumbing and other building supplies and materials, Business or professional offices. This property is qualified for 1031 exchange.

Price History
11/11/2023 Listed $700,000
2/8/2024 4% - $675,000
2/22/2024 4% - $650,000

General Features

Sewer Public Sewer
Heating None
Cooling Central A/C
Utilities Above Ground,Electric Available,Natural Gas Available,Phone,Phone Connected,Sewer Available,Water Available
Possession Negotiable
Roof Asbestos Shingle,Flat,Pitched,Rubber
Zoning BUSINESS DISTRICT
Construction Materials Block,Brick,Dryvit,Frame,Mixed Plumbing,Vinyl Siding
Exclusions Owners Personal Property
Year Built 1925
Electric 200+ Amp Service,220 Volts,3 Phases
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Other/General Retail,Warehouse
Accessibility 2+ Access Exits,36 + wide Halls,>84 Garage Door,Entry Slope
County MONTGOMERY
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Use GPS
ModificationTimestamp 2024-02-22T12:26:03
City LANSDALE
Buyer Agent Compensation 3
Total Units 2
MLS Area Lansdale Boro (10611)
Lot Size Square Feet 9529.00
Tax Assessed Value 141110.0
Waterfront Y/N No
Street Name TOWAMENCIN
Tax Annual Amount 5857.0
Property Condition Good
Price Per Sq Ft 130.0
Historic Y/N No
Vacation Rental Y/N No
Days on Market 168
Location Type Business District
Standard Status Active
Year Built Source Assessor
Tax Lot 43
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 2
Street Suffix AVENUE
Central Air Y/N Yes
Total Restrooms 3
Entry Level 1
Clear Span Ceiling Height 10' to 12'

Exterior Features

Parking Features Paved Parking
Lot Features Corner,Level
Water Source Public
Inclusions Real Estate Only
Total Parking Spaces 8
Type of Parking Parking Lot
Land Use Code 4100
Water View Y/N No
Building Area Total 5000.00
Lot Dimensions 50.00 x 191
Lot Size Acres 0.22
Road Frontage Length 190
Lot Size Units Square Feet
Lot Size Source Assessor
Other Equipment Negotiable
Total Loading Docks 1
Land Assessed Value 0.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
LotDimensionsSource Estimated
Car Parking Spaces 7

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19446

Price
AVG $330K
$650K
Taxes
AVG $8,094
$5,857
Visits
AVG 162
126
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1925

Areas We Cover