Collegeville, PA 19426,753 W MAIN ST
Collegeville, PA 19426,753 W MAIN ST
Collegeville, PA 19426,753 W MAIN ST
$825,000
Est. payment /mo
$995,000
17.1%
Est.Price: ?

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0.91 Acres Lot
SOLD DATE : 11/01/2017

Key Details

Sold Price $825,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 1000271861

Sold Date 11/01/17

HOA Y/N N

Originating Board TREND

Year Built 1974

Annual Tax Amount $17,555

Tax Year 2017

Lot Size 0.907 Acres

Acres 0.91

Lot Dimensions 271' X 372'

Property Description

A unique opportunity in Trappe Boro to purchase a Commercial Complex consisting of a Strip Mall, Tri-Plex Building and House?.. generating Total Rental Income of over $165,000 annually. Built in 1974, this well maintained Brick Faced Strip Mall, has 5 Rental Units with Central Air, Public Water & Sewer and provides approximately 1,800 Sq. ft. per Unit. A paved Parking Lot provides more than ample parking spaces for the Tenant's customers. The Trappe Complex also includes a Two-Story Tri-Plex Building housing 3 Apartments. Last but not least, is a house built in 1850 and serves as a Single Rental Unit providing additional Rental Income. Please note Strip Mall is served by Well Water and the House and Tri-plex is Public Water The Complex Package is located on a high traffic State Road near the busy Town of Collegeville PA, home of Ursinus College. There, many new Luxury Home Developments are underway, which are bringing many new customers to the area. A mixed variety of Tenants currently lease the Strip Mall; including Collegeville Eye Physicians & Surgeons; OK SPA; CrossFit Strength & Conditioning Training. The Complex has been legally established as a Condominium (Trappe Ridge Condominium Association). Although selling the Complex as a Package is the first priority, consideration may be given to the potential of selling the Three Entities separately, depending on the conditions of any proposal.

Location

State PA

County Montgomery

Area Trappe Boro (10623)

Zoning C1

Rooms

Other Rooms Primary Bedroom

Interior

Fireplace N

Exterior

Water Access N

Roof Type Flat,Pitched,Shingle

Accessibility None

Road Frontage State

Garage N

Building

Sewer Public Sewer

Water Public, Well

New Construction N

Schools

School District Perkiomen Valley

Others

Tax ID 23-00-00715-099

Ownership Fee Simple

Acceptable Financing Conventional, Other

Listing Terms Conventional, Other

Financing Conventional,Other

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Bright MLS (BMLS)
Listed by J. Thomas Conley • Long & Foster Real Estate, Inc.
Bought with J. Thomas Conley • Long & Foster Real Estate, Inc.

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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