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1356 Route 209, Gilbert, PA 18331 (MLS# PM-44298)

1356 Route 209, Gilbert, PA 18331

$530,000
Property Type: Commercial Sale Square Footage: 5,050 Lot Size (sq. ft.): 99,752 Status: Closed
Current Price: $530,000 List Date: 3/07/2017 Last Modified: 2/28/2025

Overview

Description

Investment opportunity with upside. Fully rented 3-unit commercial building, long term tenants. All leases are NNN. Additional income from billboards,6 faces with current market value of $600+/mo each. Billboards currently rented to Adams Advertising, and lease is coming up for renewal in 2021. Seller financing available for qualified buyers. Call for details.

Listing Details MLS# PM-44298

General Property Information

Above Grade Finished Area
5050
Building Area Total
5050
Stories
Yes
Year Built
1986
Year Built Source
Other
Lot Size Acres
2.29
List Price/SqFt
118.61
Sold Price/SqFt
104.95

Property Features

Listing Terms: Cash; Conventional; Other Possession: Close Of Escrow Current Use: Commercial Possible Use: Other Business Type: Child Care; Laundromat; Education/School; Professional Service; Professional/Office Building Features: Other Cooling: Other Heating: Electric Water Source: Well Sewer: Septic Tank Parking Features: On Site Road Frontage Type: City Street; Highway Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2017-03-07
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
1356
Street Name
Route 209
City (Post Office)
Gilbert
State
PA
Postal Code
18331
Subdivision Name
None

Remarks and Miscellaneous

Public Historical Remarks
Level: Single, Location: FreeStnd, Exterior Amenities: Sign, Miscellaneous: Zoning Code R2
Public Remarks
Investment opportunity with upside. Fully rented 3-unit commercial building, long term tenants. All leases are NNN. Additional income from billboards,6 faces with current market value of $600+/mo each. Billboards currently rented to Adams Advertising, and lease is coming up for renewal in 2021. Seller financing available for qualified buyers. Call for details.

Status Change Information

Purchase Contract Date
2017-05-02
Close Date
2017-07-14
Close Price
530000

More Information

Location, Tax, and Legal

Parcel Number
02.9.1.55-1
Municipality
Chestnuthill Township
High School District
Pleasant Valley
Cnty&Muni Taxes (Legacy)
1601.79
School Tax Amount
7941.81
Tax Annual Amount
9543.6
Tax Assessed Value
54390
Tax Book Number
1957/1718
Zoning Description
Commercial

Business Type

Child Care
Yes
Laundromat
Yes
Education/School
Yes
Professional Service
Yes
Professional/Office
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Possession

Close Of Escrow
Yes

Current Use

Commercial
Yes

Possible Use

Other
Yes

Building Features

Other
Yes

Cooling

Other
Yes

Heating

Electric
Yes

Water Source

Well
Yes

Sewer

Septic Tank
Yes

Parking Features

On Site
Yes

Road Frontage Type

City Street
Yes
Highway
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: TACM Commerical Realty Inc.
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.