2797 Egypt Rd
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2797 Egypt Rd
6,600 SF 100% Leased Retail Building Audubon, PA 19403 £1,382,517 (£209/SF)
Investment Highlights
- Prominent, highly visible multi -use commercial building at signalized corner
- 2500 SF 1st FLOOR RETAIL SPACE WITH LARGE OUTDOOR PATIO AND FINISHED LOWER-LEVEL STORAGE AREA
- TOTAL RENOVATION IN 2022 / ALL ASPECTS WILL BE NEW WITH PYLON, MONUMENT AND BUILDING SIGNAGE
- 20, 000 CARS/ Day , more than 5 /1000 SF PAVED SURFACE PARKING
- UPPER FLOORS DESIGNED AS NEW LUXURY APARTMENTS COULD ALSO BE OFFICE
- POSSIBLE RESTAURANT, MEDICAL, COFFEE, FAST FOOD, CHAIN BAR / RESTAURANT OPERATION
Executive Summary
6,600 SF building on 3 floors. This is a very high-profile, highly visible property with a previous use as a restaurant. Property features 1st floor 2500 SF shell retail space with access to outdoor paver patio and drive in window capability , retail space is equipped with all mechanical and utility services ready for distribution and development. This commercial property offers multiple opportunities for illuminated signage as well . In addition on floors 2 and 3 there are 4 new luxury apartments: 1 -2 Bedroom, 2 bath , bi-level with roof deck, 2 -1 bedroom with balconies , 1- efficiency with high ceilings and roof deck. All apartments have separate utilities , central air , vinyl plank flooring , stainless steel appliances and washer and dryer in each unit . property features over 50 car unreserved , surface parking spaces
. 941Acre / 40,456 Sq Ft. Land area , 20,000 Cars per Day , High Profile Signalized Corner Lot. Zoned Village Commercial it has 5 EDU' s, Public Sewer and water .
2729 Egypt Road and Park Ave (North Wales Rd)- High Visibility Corner 15 Minutes to King of Prussia I 76 and US Route 202, 1 Mile to US 422, 15 Minutes to Plymouth Meeting Mall I 476 and I 276. Lower Providence and Montgomery County.
. 941Acre / 40,456 Sq Ft. Land area , 20,000 Cars per Day , High Profile Signalized Corner Lot. Zoned Village Commercial it has 5 EDU' s, Public Sewer and water .
2729 Egypt Road and Park Ave (North Wales Rd)- High Visibility Corner 15 Minutes to King of Prussia I 76 and US Route 202, 1 Mile to US 422, 15 Minutes to Plymouth Meeting Mall I 476 and I 276. Lower Providence and Montgomery County.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Building Size
6,600 SF
Building Class
C
Year Built
1810
Price
£1,382,517
Price Per SF
£209
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
0.15
Land Acres
1.00 AC
Zoning
VC
Parking
25 Spaces (3.79 Spaces per 1,000 SF Leased)
Frontage
200 ft on Egypt
Amenities
- 24 Hour Access
- Bus Route
- Corner Lot
- Pylon Sign
- Signage
- Drive Thru
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 43-00-03655-001 | Improvements Assessment | £42,030 |
| Land Assessment | £151,275 | Total Assessment | £193,305 |
PROPERTY TAXES
Parcel Number
43-00-03655-001
Land Assessment
£151,275
Improvements Assessment
£42,030
Total Assessment
£193,305
-
Frank Tornetta -
Tornetta Realty Corp.
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2797 Egypt Rd
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