$550,000 306 N 5th Street Perkasie, PA

MLS: 1003278899   Type: Commercial   County: Bucks   City: Perkasie   Area: Perkasie Boro   Zip: 18944   Style: Warehouse     Taxes: $6,954

Mortgage $2,582 /mo



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ATTENTION BUILDERS AND DEVELOPERS. THIS MAY POSSIBLY BE THE LAST LARGE RESIDENTIAL DEVELOPMENT OPPORTUNITY REMAINING IN THE BORO OF PERKASIE!!!!!!! R2 ZONING MAKES IT EASY TO GET STARTED! SELLER MAY CONSIDER SOME SORT OF PARTNERSHIP WITH THE BUYER TO DEVELOP THE PROPERTY. Listing price is 550,000 for the 2 parcels (36-6-073 and 36-6-81) which totals about 70,607 +/- square feet.. The former Anderson engineering building is approximately 10,000 sq. ft. and is now vacant making this an opportunity for rental income while the other buildings are rehabbed, or make it part of the total development plan. There is also an approximately 15,265 sq.ft. manufacturing building available as well as two garages. This is a great opportunity for a developer. The Boro of Perkasie has expressed their desire to see these parcels developed and will work closely with the developer to see this project to completion. The Guth Elementary school is about a block and a half away and the high school and shopping center are about 5 minutes away. The town center with a new restaurant and shops are an easy walk. There was a phase one study done and is clean. The seller has gotten estimates for either an asbestos removal or demolition for the larger building. AGENTS, PLEASE BE AWARE THAT THE PURCHASE OF 16 EDUS WILL BE MADE PART OF ANY AGREEMENT. THE SALE PRICE OF THESE WILL BE 245,000 AND NO COMMISSION WILL BE PAID ON THIS PART OF THE TRANSACTION. The property is easily shown. Contact the listing agent.

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Price History

10/10/2017 Listed $1,399,000
8/24/2018 61% - $550,000

Acceptable Financing Conventional
Accessibility None
Building Features Private Restrooms, Fencing
Business Type Warehouse
Construction Materials Mixed, Mixed Plumbing
Cool Fuel Electric
Cooling Other
County BUCKS
Exclusions Tenants Possessions
Heating Other
Location Type Downtown
MLS Area Perkasie Boro (10133)
New Construction N
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 22.0
Property SubType Other
Property Type Commercial Sale
Real Estate Owned Y/N N
Roof Flat, Pitched
Sewer Public Sewer
Tax Year 2018
Utilities Water Available, Sewer Available, Electric Available, Phone
Vacation Rental Y/N N
Water Access Y/N N
Zoning R2

Interior Features

Central Air Y/N N
Heating Fuel Electric
Heating Y/N Y
Hot Water Natural Gas

Exterior Features

Building Area Total 25000.00
Car Parking Spaces 15
Exterior Amenities Building Expansion Possible, Enclosed Storage, Fenced Storage/Yard
Fencing Y/n N
Foundation Details Stone, Concrete Perimeter, Brick/Mortar
Inclusions None
Lot Size Acres 1.03
Lot Size Source Assessor
Lot Size Square Feet 44867.00
Navigable Water Y/N N
Number of Buildings 6
Roadresponsibility Boro/Township
Total Parking Spaces 25
Type of Parking Parking Lot
Water Oriented Y/N N
Water Source Public
Water View Y/N N
Waterfront Y/N N

Property Schools

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Property vs Zip Code Avg (18944)

Price 550K Avg 228K

Sqr Feet 25,000 Avg 4,333

Cost / Sqr Ft $22 Avg $53

Taxes $6,954 Avg $9,806

Acres 1.03 Avg 1.36

Visits 35 Avg 45

Walkscore® 53 Avg 36

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: BHHS Keystone Properties

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Location & Address

2200 Walnut Street
Philadelphia, PA