$1,200,000
$1,195,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
10,088 SqFt
SOLD DATE : 01/29/2021
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,088 sqft
Price per Sqft $118
MLS Listing ID PABU494506
Sold Date 01/29/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1990
Annual Tax Amount $14,826
Tax Year 2020
Lot Size 1.536 Acres
Acres 1.54
Lot Dimensions 0.00 x 0.00
Property Description
Rare Magnolia Industrial Park multiunit investment opportunity in a very strategic location offering as an excellent addition to your investment portfolio or for user owners. Located near the axis of major thoroughfares- of I-95, NJ Turnpike, PA Turnpike and expanded Route 13. Leveraging this strategic location will make any business more accessible and appealing to potential Tenants. Property boosts four (4) overhead garage doors, and three office spaces. Zoning suggests a wide variety of applications light manufacturing, material storage, warehouse, shop/auto shop. Property is located in a ENTERPRISE ZONE- this tax incentive which may allow infrastructure credits (contact pa.gov for details). Currently one unit is rented $1,650 mo/gross lease. Current owner has expressed interest in leasing back the remaining three (3) garages. The subject property is situated on a generous 1.5 acre site for additional storage. The cul- de- sac fully fenced location offers additional privacy and security. Agent is related to Seller.
Location
State PA
County Bucks
Area Bristol Twp (10105)
Zoning R3
Interior
Hot Water Natural Gas
Cooling Central A/C
Flooring Concrete
Heat Source Natural Gas
Exterior
Garage Spaces 27.0
Waterfront N
Water Access N
Roof Type Rubber
Accessibility None
Parking Type Private Garage, Driveway
Total Parking Spaces 27
Garage N
Building
Lot Description Backs to Trees
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Bristol Township
Others
Tax ID 05-061-421-002
Ownership Fee Simple
SqFt Source Assessor
Security Features Fire Detection System
Special Listing Condition Standard
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Bought with Darcy A Terman • Century 21 Veterans-Newtown
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "