Address
103 N Main Street, Ambler, PA
Price
$ 829,000
Property Attributes
- MLS#PAMC2083166
- TypeCommercial
- CountyMONTGOMERY
- CityAmbler
- AreaAmbler Boro
- NeighborhoodAmbler
- Zip19002
- StyleApartment Building,Hair Salon and Spa,Flex,/Genera
- Year Built1920
- Taxes$ 4875
- Price$ 829,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4800
- Lot Size4,356 SqFt
Data Source:
Bright MLS
Property Description
Don't miss this opportunity, with a Cap rate of 10% which is a rare occurrence in a Red Hot Downtown Walking district like Ambler. Ambler Borough Mixed Use Property, just a stones throw from Bus and Rail service, and all of Amblers Wonderful Pubs and Restaurants. This unique property features a total of 5 Units, all with Separate Addresses and Separate Utilities. Includes Two 4/5 Bedroom Apartments, two Storefronts, and a Commercial Garage with Office and Bathroom. Located in Highly sought after Wissahickon School District which is a huge enticement for tenants. 4800 Square Feet Total all with separate Utilities. Building Currently provides a Great 10% Cap Rate and is Truly hard to match in the Hot Ambler Market. Also, Cap Rate also has the ability to increase significantly since some Rents are below current market values! Original Brick Structure was built in 1889 and still has the Original Carriage Stone to step out of Horse Drawn Carriages located on the corner.
| Price History | |
|---|---|
| 9/7/2023 | Listed $869,000 |
| 3/20/2024 | 5% - $829,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Hot Water,Radiator,Baseboard - Electric |
| Cooling | Window Unit(s),Attic Fan,Ceiling Fan(s) |
| Possession | Negotiable |
| Roof | Built-Up,Asphalt |
| Zoning | 4100 |
| Construction Materials | Brick,Block,Stucco |
| Exclusions | Washer/Dryer in 103-B only owned by tenants. |
| Year Built | 1920 |
| Electric | 200+ Amp Service |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 82800.00 |
| Business Type | Apartment Building,Hair Salon and Spa,Flex,Other/General Retail,Storage,Restaurant/Bar,Professional |
| Accessibility | None |
| County | MONTGOMERY |
| Insurance Expense | 2607.00 |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | AMBLER |
| Possible Use | Automotive,Barber/Beauty,Clothing,Commercial,Office,Professional Service,Retail |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | Butler Avenue to N Main Street to corner of Forest Ave. and Main St. |
| ModificationTimestamp | 2024-03-21T16:58:18 |
| City | AMBLER |
| Buyer Agent Compensation | 3 |
| Total Units | 5 |
| MLS Area | Ambler Boro (10601) |
| Lot Size Square Feet | 4250.00 |
| Tax Assessed Value | 135840.0 |
| Waterfront Y/N | No |
| Street Name | MAIN |
| Tax Annual Amount | 4875.0 |
| Price Per Sq Ft | 172.71 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 237 |
| Location Type | Downtown |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 5 |
| Cap Rate | 10.00 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas,Electric |
|---|---|
| Flooring | Bamboo,Carpet,Ceramic Tile,Hardwood,Luxury Vinyl Plank |
| Hot Water | Natural Gas,Electric |
| Total Stories | 3 |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
| Entry Level | 1 |
Exterior Features
| Lot Features | Corner |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 1 |
| Type of Parking | Driveway,On Street |
| Land Use Code | 4100 |
| Foundation Details | Stone,Slab |
| Water View Y/N | No |
| Building Area Total | 4800.00 |
| Lot Size Acres | 0.10 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 1 |
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 19002
Price
Taxes
Visits
Year Built
Walkscore
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