Southampton, PA 18966,538 STREET RD
Southampton, PA 18966,538 STREET RD
Southampton, PA 18966,538 STREET RD
Southampton, PA 18966,538 STREET RD
Southampton, PA 18966,538 STREET RD
Southampton, PA 18966,538 STREET RD
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$414,750

$449,900

7.8%
Est.Price: ?

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Est. payment /mo

7,050 Sqft Lot


SOLD DATE : 07/18/2018

Key Details

Sold Price $414,750

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Upper Southampton

MLS Listing ID 1004452523

Sold Date 07/18/18

HOA Y/N N

Originating Board TREND

Year Built 1985

Annual Tax Amount $6,445

Tax Year 2018

Lot Size 7,050 Sqft

Acres 0.16

Lot Dimensions 50X141

Property Description

Four, fully occupied professional office units in renovated office building on the highly traveled Street Road corridor in Bucks County, PA! This is an incredible opportunity to own the building in which you work, or a great commercial rental investment property. Located within minutes of major access roads, including Interstate 95, the PA Turnpike entrance, Route 1 (Roosevelt Blvd), Route 611 and Second Street Pike. Plenty of private off-road parking behind the office building included. The four office rentals currently total $3950 per month. New owner could INSTANTLY generate $47,400 rental income yearly with current full occupancy. Lovely entrance into this professional space makes for a "great first impression". As you enter the building through the side entry take 7 steps up to the first set of office suites, labeled 100 and 101. Four office suites total (two per floor), each with its own private bathroom, at least two conference rooms, open space, private entrance, cathedral ceilings and sky lights (top floor only) and separate utilities, including central air. State-of-the-art building! Welcoming entrance ways and halls to each office suite, new lighting and stylish blinds/window coverings. A very bright, clean and cheerful working environment with access to outdoor decks on each floor. 2 Ground-level storage areas are currently unoccupied, but have been rented in the past for $650+ a month. No space is wasted. All office suites offer cable and are high speed internet ready with great cell phone reception. This property easily can be made handicap accessible with a stair lift system, no elevator. Copies of current leases available to serious buyers only. Above average overall condition, the previous owner provided a capital improvement of $80,000 the later part of 2013. Photos were taken prior to total office occupancy. Now is the time to invest in real estate! Don't miss this outstanding opportunity!

Location

State PA

County Bucks

Area Upper Southampton Twp (10148)

Zoning CC

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Electric

Flooring Carpet, Vinyl

Fireplace N

Exterior

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

Waterfront N

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Road Frontage State

Parking Type Parking Lot

Garage N

Building

Building Description Other, Fire Escape,Security System

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Other

New Construction N

Schools

School District Centennial

Others

Tax ID 48-013-003

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Sharon Spadaccini • BHHS Fox & Roach-New Hope
Bought with Sharon Spadaccini • BHHS Fox & Roach-New Hope
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980 Mercantile Dr, Hanover, MD, 21076, United States

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