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
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.
More Information MLS# PM-44298
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $530,000
Current Price: $530,000
Status: Closed
Listing Contract Date: 2017-03-07
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
General Property Information
Above Grade Finished Area: 5050
Stories: 1
Year Built Source: Other
Lot Size Acres: 2.29
List Price/SqFt: 118.61
Sold Price/SqFt: 104.95
Building Area Total: 5050
Year Built: 1986
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.
Business Type
Child Care: 1
Laundromat: 1
Education/School: 1
Professional Service: 1
Professional/Office: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Possession
Close Of Escrow: 1
Current Use
Commercial: 1
Possible Use
Other: 1
Building Features
Other: 1
Cooling
Other: 1
Heating
Electric: 1
Water Source
Well: 1
Sewer
Septic Tank: 1
Parking Features
On Site: 1
Road Frontage Type
City Street: 1
Highway: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
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
Status Change Information
Purchase Contract Date: 2017-05-02
Close Date: 2017-07-14
Close Price: 530000
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
Listing Office:
TACM Commerical Realty Inc.
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.