Property Attributes
- MLS#PAMC2101630
- TypeCommercial
- CountyMONTGOMERY
- CityAbington
- AreaAbington Twp
- Zip19001
- StyleInstitutional,Medical,Professional
- Year Built2007
- Taxes$ 37222
- Price$ 3,149,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14000
- Lot Size0.72 Acres
Data Source:
Bright MLS
Property Description
Impressive Income Producing Professional Office Building, Fully Rented with 5 Year Leases!! Seller Financing Available at 4%! Fabulous Class A Office Space Available, Modern 4 Story Office, Nothing Like It in This Area!! Currently There are 6 Fully Rent Offices and all Leases Have Rent Increases; The Building Was Built In 2008, Most Tenants Designed Their Own Space, Most with Higher End Finishes; Tons of Parking, Including Private Carport Parking For Tenant Owner and Plenty of Parking Outside the Parking Lot; The Basement Has Tons of Storage Space and Houses the Buildings Mechanicals, and Has a Back Door for Tenants to Utilize for Ease of Entry; The 1st Floor Office Currently is a Dentist Office and Has 2,500 Square Feet and Beautiful Finishes; Rented By a Long Time Abington Dentist and Has a Very Busy Office; Second Floor Was Split Off Into 2 Offices, The Larger Side is another Dentist Office, Beautiful Space and the Other Smaller Office is Currently Rented by a Forensic Scientist; The Third and Most of the Fourth Floors Are Rented By the Same Tenant; In the Third Floor Office; The Initial Tenant Spent Over 800k Designing This Office Space with High-End Finishes; 4th Floor is Set Up Very Nicely and Has Very Nice Finishes; 3rd and 4th Floor Offices Have Floor to Ceiling Glass Windows in Their Conference Rooms, High Hat Lighting 3rd Floor Office Has a Reception Area, a Must See Cappuccino Bar, a Full Kitchen with Breakfast Bar Type Seating, and a Fantastic CEO Suite with Full Floor to Ceiling Windows with Fantastic Views; Both 3rd and 4th Floors Have a Modern Conference Room and Seats Over 12 to 16 Comfortably with Pendant Lighting; Both Floors Also Have a Second Conference Room Seats 6 to 8 People Comfortably with Pendant Lighting; Each Office Has 2 Bathrooms, Handicap Accessible, with Tile Floor and Walls;. 3rd Floor Office Has 9 Office Plus a CEO Office Suite; 4th Floor Has 9 Offices, Kitchen, Reception Area, 2 Conference Rooms and 6 Cubicles and Can Be Made Into Offices, Both are Medical Offices;Tenants & Clients Will Be Impressed When Visiting This Building! Easy Access for Visitors & Clients and Handicapped Accessible, Secure Building With Security Cameras, Visitors Must Use Phone Box In Foyer to Access Your Floor Via Elevator After Hours; All Offices Have Windows with Some That Open; Trash Dumpster Outside Easily Accessible from Basement; Storage Room Comes with Office Space in Basement; Easy Access Up Steps if Do Not Want to Take Elevator; In Heart of Abington Commercial District; Close to Shopping, Restaurants, Whole Foods, Starbucks, Train Station, Bus Stop Outside the Front Door; Don't Miss Out On This Opportunity to Own a Multi-Million Dollar Office Building; This is One of the Most Impressive Offices in the Suburban Area; Enjoy Owning This Beautiful Office Building Without Fighting the City Traffic and the Costs of Owning Property in the City; Download Floor Plan PDF, Income and Expense Worksheet in Bright Docs;
Price History | |
---|---|
4/22/2024 | Listed $3,149,999 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air |
Cooling | Central A/C |
Utilities | Cable TV Available,Natural Gas Available,Phone Available,Sewer Available,Water Available |
Possession | Negotiable |
Roof | Flat |
Zoning | COMMERCIAL |
Security Features | Exterior Cameras,Security System,Smoke Detector,Sprinkler System - Indoor,Surveillance Sys |
Construction Materials | Copper Plumbing,Dryvit,Glass,Masonry,Spray Foam Insulation |
Year Built | 2007 |
Electric | Circuit Breakers,200+ Amp Service,3 Phases |
View | Street,Trees/Woods |
Property SubType | Office |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Gross Income | 320000.00 |
OwnerPays | None |
Business Type | Institutional,Medical,Professional |
Accessibility | 2+ Access Exits,36 + wide Halls,Elevator,Grab Bars Mod,Level Entry - Main,Low Pile Carpeting,Ramp - Main Level,Wheelchair Height Mailbox |
County | MONTGOMERY |
Net Operating Income | 244912.00 |
Operating Expense | 85820.00 |
Insurance Expense | 5061.00 |
New Construction | No |
Property Type | Commercial Sale |
MaintenanceExpense | 3600.00 |
Possible Use | Commercial,Financial,Institutional,Office,Professional Service,Medical/Dental,Mixed Use |
Water Access Y/N | No |
Transportation | Bus Stop less than 1 mile,Commuter Rail Station less than 1 mile |
Status | ACTIVE |
Directions | Susquehanna rd,travel east,make right onto York Road,building is on the left at the next light |
ModificationTimestamp | 2024-05-09T05:42:17 |
City | ABINGTON |
Buyer Agent Compensation | 2 |
Disclosures | Agent has Financial Interest,Owner RE Licensee,Prop Disclosure,Use and Occupancy Permit |
MLS Area | Abington Twp (10630) |
Lot Size Square Feet | 31200.00 |
Tax Assessed Value | 813450.0 |
Waterfront Y/N | No |
Street Name | OLD YORK |
Tax Annual Amount | 37222.0 |
Electric Expense | 11500.00 |
Property Condition | Excellent |
Trash Expense | 13200.00 |
Price Per Sq Ft | 225.0 |
Acceptable Financing | Cash,Conventional,Installment Sale,Negotiable,Seller Financing |
Association Fee | 0.00 |
Lease Considered Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 18 |
Location Type | Suburban |
Standard Status | Active |
Year Built Source | Assessor |
Cap Rate | 0.07 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Flooring | Carpet,Ceramic Tile,Concrete,Hardwood |
Hot Water | Electric |
Total Stories | 5 |
Heating Y/N | Yes |
Street Suffix | ROAD |
Central Air Y/N | Yes |
Total Restrooms | 9 |
Entry Level | 1 |
Clear Span Ceiling Height | 10' to 12' |
Number of Elevators | 1 |
Exterior Features
Parking Features | Lighted Parking,Private,Security/Monitored,Unassigned |
---|---|
Lot Features | Backs to Trees,Front Yard,Level,Not In Development,Rear Yard,Road Frontage,SideYard(s) |
Water Source | Public |
Inclusions | some furniture |
Total Parking Spaces | 52 |
Type of Parking | Off Site,On Street,Parking Lot,Private Garage |
Traffic Count | Greater than 30000 |
Foundation Details | Concrete Perimeter,Permanent,Slab |
Water View Y/N | No |
Building Area Total | 14000.00 |
Lot Dimensions | 167.00 x 0.00 |
Lot Size Acres | 0.72 |
Road Surface Type | Access - On Grade,Black Top |
Road Frontage Length | 400 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Door Features | Double Entry |
Other Equipment | Negotiable |
Road Responsibility | State |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Fencing Y/N | No |
LotDimensionsSource | Assessor |
Car Parking Spaces | 52 |
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