$380,000
$416,290
8.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/15/2016
Key Details
Sold Price $380,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1002565273
Sold Date 01/15/16
HOA Y/N N
Originating Board TREND
Year Built 1987
Annual Tax Amount $5,540
Tax Year 2015
Lot Dimensions 76 X 40
Property Description
Sale Leaseback! Sale Leaseback by a Long Standing Accounting Firm for 70% of the space. Annual Income $36,000 NNN for 70% of the building. Long Term Lease Commencement will be at Closing. Use the other 50% for your own business or use it as an investment., Adjacent to Newtown Therapy & Wellness Center, this Great Professional office building is Situated in desirable Newtown Borough, these offices are perfect for professionals - Engineers, architects, financial professionals, accounting firms, and many more. Immediately adjacent to Gloria Dei Adult Community, 32 Unit Newtown Park Plaza and only 2 minutes to ST. Mary Hospital. Just a short walk to historic downtown Newtown where there are many restaurants and shops. All offices can be reconfigured very easily to suit your office layout needs. This location has easy access to routes 332, 413, 532, Route 1, Route 95, and the Pennsylvania Turnpike. A 30 minute drive can get you to Princeton, NJ or to Center City Philadelphia. Total Building is 4 separate condo units that will be sold together or in phases. Call Agent for more details.
Location
State PA
County Bucks
Area Newtown Boro (10128)
Zoning B-1
Rooms
Other Rooms Primary Bedroom
Interior
Flooring Carpet
Fireplace N
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Structure Type Paneled Walls,Other
New Construction N
Schools
School District Council Rock
Others
Tax ID 2800401104B001
Ownership Condominium
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Bought with Gina Marie Farruggio • BHHS Fox & Roach-New Hope