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196 W Moorestown Rd

1,924 SF 100% Leased Office Building Wind Gap, PA 18091 £333,374 (£173/SF) 7.16% Net Initial Yield

Executive Summary

Very attractive building with great road visibility, illuminated sign and parking lot. No deferred maintenance. Could be a great investment property or a fantastic new place for your business. Currently there are 2 tenants, the garage is being rented for 550, and the first floor 1350. The upstairs is available.

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income £26,827 £13.94
Other Income - -
Vacancy Loss - -
Effective Gross Income £26,827 £13.94
Net Operating Income - -

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual £26,827
Annual Per SF £13.94
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £26,827
Annual Per SF £13.94
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,924 SF
Building Class
B
Year Built/Renovated
1985/2010
Price
£333,374
Price Per SF
£173
Net Initial Yield
7.16%
NOI
£23,885
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
962 SF
Building FAR
0.06
Land Acres
0.76 AC
Zoning
06HDR - High density residential allows for residential developments with higher population densities, such as apartment complexes or townhouses
Parking
15 Spaces (7.8 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
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PROPERTY TAXES

Parcel Number G7-2-18C-0406 Improvements Assessment £27,297
Land Assessment £16,629 Total Assessment £43,927

PROPERTY TAXES

Parcel Number
G7-2-18C-0406
Land Assessment
£16,629
Improvements Assessment
£27,297
Total Assessment
£43,927
(610) 730-0579

  • Listing ID: 33909346

  • Date on Market: 18/11/2024

  • Last Updated:

  • Address: 196 W Moorestown Rd, Wind Gap, PA 18091

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© 2024 CoStar Group

196 W Moorestown Rd
(610) 730-0579 x

196 W Moorestown Rd

Christina Trabosci

(610) 730-0579

(610) 730-0579

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