753 Main Street,  Collegeville PA, 19426

(Active)
$995,000
|
|
MLS# 6893921
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Last Updated: 10/21/2017 3:59 AM
Description for 753 Main Street Collegeville, PA 19426
A unique opportunity in Trappe Boro to purchase a Commercial Complex consisting of a Strip Mall, Tri-Plex Building and House?.. generating Total Rental Income of over $165,000 annually. Built in 1974, this well maintained Brick Faced Strip Mall, has 5 Rental Units with Central Air, Public Water & Sewer and provides approximately 1,800 Sq. ft. per Unit. A paved Parking Lot provides more than ample parking spaces for the Tenant's customers. The Trappe Complex also includes a Two-Story Tri-Plex Building housing 3 Apartments. Last but not least, is a house built in 1850 and serves as a Single Rental Unit providing additional Rental Income. Please note Strip Mall is served by Well Water and the House and Tri-plex is Public Water The Complex Package is located on a high traffic State Road near the busy Town of Collegeville PA, home of Ursinus College. There, many new Luxury Home Developments are underway, which are bringing many new customers to the area. A mixed variety of Tenants currently lease the Strip Mall; including Collegeville Eye Physicians & Surgeons; OK SPA; CrossFit Strength & Conditioning Training. The Complex has been legally established as a Condominium (Trappe Ridge Condominium Association). Although selling the Complex as a Package is the first priority, consideration may be given to the potential of selling the Three Entities separately, depending on the conditions of any proposal.
Price
$995,000
None Available
MONTGOMERY
6893921
Active
Description
A unique opportunity in Trappe Boro to purchase a Commercial Complex consisting of a Strip Mall, Tri-Plex Building and House?.. generating Total Rental Income of over $165,000 annually. Built in 1974, this well maintained Brick Faced Strip Mall, has 5 Rental Units with Central Air, Public Water & Sewer and provides approximately 1,800 Sq. ft. per Unit. A paved Parking Lot provides more than ample parking spaces for the Tenant's customers. The Trappe Complex also includes a Two-Story Tri-Plex Building housing 3 Apartments. Last but not least, is a house built in 1850 and serves as a Single Rental Unit providing additional Rental Income. Please note Strip Mall is served by Well Water and the House and Tri-plex is Public Water The Complex Package is located on a high traffic State Road near the busy Town of Collegeville PA, home of Ursinus College. There, many new Luxury Home Developments are underway, which are bringing many new customers to the area. A mixed variety of Tenants currently lease the Strip Mall; including Collegeville Eye Physicians & Surgeons; OK SPA; CrossFit Strength & Conditioning Training. The Complex has been legally established as a Condominium (Trappe Ridge Condominium Association). Although selling the Complex as a Package is the first priority, consideration may be given to the potential of selling the Three Entities separately, depending on the conditions of any proposal.
Listing Information
Property Type: General Commercial, Other
0.91 Acres 1975 Yes
None Available
9 Total
Neighborhood
School Information
District: Perkiomen Valley
Room Information
Interior Features
3
Exterior / Lot Features
1-25 Spaces, Parking Garage, Paved Driveway
Brick
Flat, Shingle, Rolled
None
271' X 372'
C1
Downtown, Urban, Interior Lot, Professional Center, Highway Access
Financial Considerations
$17,555
2017
Conventional,OtherFin
Listing Price History

Collegeville Real Estate

Collegeville is located in Pennsylvania. Collegeville, Pennsylvania 19426 has a population of 5,287.

The median household income in Collegeville, Pennsylvania 19426 is $105,662. The median household income for the surrounding county is $79,926 compared to the national median of $53,482. The median age of people living in Collegeville 19426 is 21.8 years.

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Courtesy: J. Thomas Conley - Long & Foster-Quakertown
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
Information is deemed reliable but is not guaranteed.

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