$550,000

306 N 5th St

PERKASIE PA, 18944

Description

REDUCED AND RESTRUCTURED!!!!! New 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.

Details

MLS#1003278899
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site631

Features

SQ Feet25,000
Story(s)0
ZoningR2

Market Activity 18944

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Area Information

StatePA
CityPERKASIE
Zip Code18944
AreaPerkasie Boro (10133)
Listing VS Median (in 18944)
Price:
$550,000
low | high
Med:
$599,950
40.918181818182% of Average
SqFt:
25,000
low | high
Med:
14,776
90.898% of Average
$ / SqFt:
$22
low | high
Med:
$82
100% of Average
On Site:
631
low | high
Med:
511.500000
100% of Average
Listing Updated: 09/18/2019
MLS Number: 1003278899
Listing Provided By:
Thomas S Slack  of  BHHS Keystone Properties

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