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Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PABU2034476
Sold Date 10/27/22
Originating Board BRIGHT
Year Built 1921
Annual Tax Amount $7,470
Tax Year 2022
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Property Description
Desirable town commercial strip center is available for purchase just moments outside of the Newtown Borough border in a thriving business location! Five units, four of which are currently occupied, with long-term tenants and 1 vacant street-front unit, creates a terrific positive cash flow investment. Parcel consists of a strip store building (3 units) built in 2008, and a house/building (2 units) built in 1931. Tenants pay gas and electric. Landlord currently pays water, sewer, trash, and snow removal. There are 13 off-street parking spaces. Parcel is zoned ‘town commercial' in Newtown's Historic District. The adjacent parcel, currently a residence, is also for sale (Bright MLS# PABU2034478) and zoned town commercial also. The Town Commercial District Uses List is available for review of the potential uses. Great location in the center of shopping, dining, and other conveniences! Easy to find location with access to major arteries.
Location
State PA
County Bucks
Area Newtown Twp (10129)
Zoning TC
Interior
Hot Water Electric
Heating Forced Air, Hot Water, Radiator
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 13.0
Water Access N
View Creek/Stream
Roof Type Asphalt
Accessibility None
Total Parking Spaces 13
Garage N
Building
Foundation Block, Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Council Rock
Others
Tax ID 29-012-011-001
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Bank Portfolio, Conventional
Listing Terms Cash, Bank Portfolio, Conventional
Financing Cash,Bank Portfolio,Conventional
Special Listing Condition Standard
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Brian Collini
Broker of Record / Owner | License ID: 1324485/0455485
Broker of Record / Owner License ID: 1324485/0455485