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- MLS#PADE536372
- TypeCommercial
- CountyDELAWARE
- CityWayne
- AreaRadnor Twp
- Zip19087
- StyleProfessional
- Taxes8845
- Price$ 889,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3500
Listing Provided Courtesy Of:
Keller Williams Realty Devon-Wayne
Property Description
Outstanding Investment opportunity in prime Walk to Wayne location. Located within 8 minute walk of Wayne train station. 4 units total. 2 office units, and 2 - 3 BR / 1 bath apartments. 16 off street parking spots flank the building to the left and the right and provide additional value. 3 of the 4 units are leased. Commercial lease to 2024, and the apartments through 2021 and into 2022. One small office space is vacant and can be used by the owner or leased out. Each apartment has a separate entrance at the rear of the building, eat-in kitchen, dining room, living room, enclosed porch, three bedrooms, full bath, laundry and attic storage. Separately metered electric and gas heat. Contact agent for full financials and more information. Zoned R5. Several redevelopment projects taking place in this pocket of Radnor Twp. with new townhouse and mixed use development. Stable occupancy and a great return on investment. Minutes to the Blue Route (Rt. 476), Villanova University, the shops and restaurants of Wayne, the PA turnpike, public transportation, and main shopping areas including the King of Prussia Mall. 7.5 + cap rate w full occupancy and double digit cash on cash return..
Price History | |
---|---|
12/16/2020 | Listed $889,000 |
General Features
Accessibility | None |
---|---|
Business Type | Professional |
Construction Materials | Brick, Stucco |
Cool Fuel | Electric |
Cooling | Central A/C |
County | DELAWARE |
Days on Market | 38 |
Exclusions | tenants personal property |
Flooring | Carpet, Hardwood |
Heating | Forced Air |
Location Type | Suburban |
MLS Area | Radnor Twp (10436) |
New Construction | No |
Ownership | Fee Simple |
Possession | Immediate |
Price Per Sq Ft | 254.0 |
Property SubType | Mixed Use |
Property Type | Commercial Sale |
Real Estate Owned Y/N | No |
Roof | Asphalt |
Security Features | Electric Alarm |
Sewer | Public Sewer |
Tax Annual Amount | 8845.0 |
Tax Lot | 151-000 |
Tax Year | 2020 |
Total Units | 4 |
Vacation Rental Y/N | No |
Water Access Y/N | No |
Zoning | R-5 |
Interior Features
Central Air Y/N | Yes |
---|---|
Heating Fuel | Natural Gas |
Heating Y/N | Yes |
Hot Water | Natural Gas |
Exterior Features
Building Area Total | 3500.00 |
---|---|
Car Parking Spaces | 16 |
Inclusions | appliances owned by landlord |
Lot Dimensions | 252.00 x 98.00 |
Lot Size Acres | 0.00 |
Lot Size Source | Assessor |
Lot Size Square Feet | 0.00 |
Navigable Water Y/N | No |
Road Surface Type | Black Top |
Roadresponsibility | Boro/Township |
Total Parking Spaces | 16 |
Type of Parking | Parking Lot, Driveway |
Water Oriented Y/N | No |
Water Source | Public |
Water View Y/N | No |
Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool