$550,000
$550,000
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306 N 5TH ST Perkasie, PA 18944
25,000 SqFt
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 25,000 sqft
Price per Sqft $22
MLS Listing ID 1003278899
Sold Date 10/27/21
HOA Y/N N
Originating Board TREND
Year Built 1900
Annual Tax Amount $6,954
Tax Year 2018
Lot Size 1.030 Acres
Acres 1.03
Property Description
ATTENTION BUILDERS AND DEVELOPERS. THIS MAY POSSIBLY BE THE LAST LARGE RESIDENTIAL DEVELOPMENT OPPORTUNITY REMAINING IN THE BORO OF PERKASIE!!!!!!! R2 ZONING MAKES IT EASY TO GET STARTED! SELLER MAY CONSIDER SOME SORT OF PARTNERSHIP WITH THE BUYER TO DEVELOP THE PROPERTY. Listing price is 550,000 for the 2 parcels (36-6-073 and 36-6-81) which totals about 70,607 +/- square feet.. The former Anderson engineering building is approximately 10,000 sq. ft. and is now vacant making this an opportunity for rental income while the other buildings are rehabbed, or make it part of the total development plan. There is also an approximately 15,265 sq.ft. manufacturing building available as well as two garages. This is a great opportunity for a developer. The Boro of Perkasie has expressed their desire to see these parcels developed and will work closely with the developer to see this project to completion. The Guth Elementary school is about a block and a half away and the high school and shopping center are about 5 minutes away. The town center with a new restaurant and shops are an easy walk. There was a phase one study done and is clean. The seller has gotten estimates for either an asbestos removal or demolition for the larger building. AGENTS, PLEASE BE AWARE THAT THE PURCHASE OF 16 EDUS WILL BE MADE PART OF ANY AGREEMENT. THE SALE PRICE OF THESE WILL BE 245,000 AND NO COMMISSION WILL BE PAID ON THIS PART OF THE TRANSACTION. The property is easily shown. Contact the listing agent.
Location
State PA
County Bucks
Area Perkasie Boro (10133)
Zoning R2
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Heating Other
Cooling Other
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 25.0
Utilities Available Water Available, Sewer Available, Electric Available, Phone
Water Access N
Roof Type Flat,Pitched
Accessibility None
Road Frontage Boro/Township
Total Parking Spaces 25
Garage N
Building
Foundation Stone, Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Pennridge
Others
Tax ID 33-006-081
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Glenn Gaines • KW Commercial
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