Active

7827 Old York Rd

Elkins Park PA, 19027

$1,100,000


Active

Commercial

Built in 1904

ONLY FOR INVESTMENT PROPERTY , 8 COMMERCIAL TENANTS and 1 APARTMENTS AND ALL OCCUPIED and annual gross $118,200.00 and $56,700.00 for annual total operating expenses so NET annual rental income is $61,329.00.00 so CAP is 5.5 % , NO TENANT WILL VACATE THE SPACE BEFORE SETTLEMENT AND AFTER SETTLEMENT , IT WILL BE DECIDED BETWEEN THE TENANT AND THE NEW OWNER ACCORDING TO THE TENANT'S LEASE AGREEMENT .FREE STANDING BUILDING , all occupied now , 2 entrance from 2 different street , safety & convenient area , On rt 611 , Old York Rd , Board line between Philadelphia County and Montgomery County, Lot Size: .94 acre w/179.20" on Route 611 Building Layout: 3.5 Story- 9,900 SF Horace Rombauer Designed Office Building Parking: 35 car capacity Access: convenient Route 611 & Ashburner Road Comments: Well maintained corporate office building includes beautifully fixtured meeting room, conference room, multiple kitchens, bathrooms, bullpen areas, (15) offices MUST SEE !!! .Be prepared to be impressed and amazed , You will love coming to the office and your clients will be impressed and likes with the professional feel of the building. Be surrounded by like minded businesses that compliment your services. The current tenants include Travel and other professional services., all occupied , There is a shared kitchen, some utilities included (proportionately shared PECO bill) and huge parking lot for your convenient ,Office pictured is the first floor front space. You will reap the rewards of the convenient location in Elkins Park just minutes away from Philly and other surrounding suburbs. With easy access by train, bus or car! Located right off of 309, close to turnpike and 476. Don't wait to make this location your next success story., several shopping center within 10 minutes by driving. Please drive by around. Please don't go in without appointment and don't contact any tenant . .

PAMC2066128

MLS ID

March 13, 2023

Listed

February 21, 2025

Updated

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Central, Electric

Exterior/Building Features

Lot Size

0.94 Acres


Sewer

Public Sewer

Other Property Details

Area Name

CHELTENHAM TWP


Taxes

$20,838


Tax Frequency

Annually


Days on Market

206


Garage

No


Parking Total

31


View

No


County

MONTGOMERY


Water Source

Public


Pool

No

Listed by PK PROPERTY INC.
Listing Contact: 2156681666 

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Data last updated on 2/21/2025 at 12:31 AM UTC

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