613 W CHELTENHAM AVE new to site

Melrose Park,PA 19027

$ 950000

- Bed

- Bath

11400 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 11,400 sqft

Price per Sqft $83

Subdivision Melrose Park

MLS Listing ID PAMC2134406

Originating Board BRIGHT

Year Built 1953

Annual Tax Amount $9,500

Tax Year 2015

Lot Size 7,725 Sqft

Acres 0.18

Property Sub-Type Office

Property Description

Commercial building for sale on 613 W Cheltenham Av in Melrose Park. This is a cleaned out building with approx 11, 500 sq ft on the two floors and with 1,166 sq ft in usable basement space. The property comes with a 6 parking spaces that will be located on 0 Coventry Rd next to it and it is a subject of the lot consolidation. The building is granted a variance for 6 units and a basement space for office or storage. This building has an enormous potential for a development, it has a prime location and it will have a very high cash flow once developed. The buyer has to do the due diligence with the township in respect to approved variance. All offer will be presented.

Location

State PA

County Montgomery

Area Cheltenham Twp (10631)

Zoning M3

Interior

Hot Water Natural Gas

Heating None

Cooling None

Heat Source None

Exterior

Garage Spaces 6.0

Utilities Available Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone

Water Access N

Roof Type Flat

Accessibility None

Total Parking Spaces 6

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cheltenham

Others

Tax ID 31-00-05488-007

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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