Listed By:
RE/MAX Centre Realtors
Address
1101 - 1123 Ivy Hill Road Road, Wyndmoor, PA
Price
$ 8,750,000
Property Attributes
  • MLS#PAMC2076144
  • TypeCommercial
  • CountyMONTGOMERY
  • CityWyndmoor
  • AreaSpringfield Twp
  • Zip19038
  • StyleAuto Related,Day Care Facility,Flex,Manufacturing
  • Year Built1975
  • Taxes$ 17414
  • Price$ 8,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage38730
  • Lot Size1.46 Acres
Data Source:
Bright MLS
Property Description

"Discover the prime Industrial Flex/Warehouses nestled in the heart of Montgomery County, offering unparalleled connectivity to Philadelphia, Bucks, and Montgomery Counties. Strategically situated just off Route 309 and mere minutes from the PA Turnpike and Rt 476 - Blue Route, these properties present a compelling addition to your investment portfolio. Spanning from the corner of Queen Street to 1123 Ivy Hill Rd, this unique opportunity encompasses two meticulously maintained buildings, totaling nine units, all currently occupied at 100% capacity. These units exude a sense of pride in ownership, showcasing pristine conditions and a host of modern upgrades, ensuring their optimal functionality and upkeep. The tenant mix is diverse, ranging from contractors and manufacturers to specialized occupants like a gymnastics studio and a preschool. For an exclusive tour of the premises, we kindly request advanced notice. Detailed rent rolls are available upon request."

Price History
7/18/2023 Listed $9,250,000
8/18/2023 6% - $8,750,000

General Features

Acceptable Financing Cash, Conventional
Accessibility >84 Garage Door, 2+ Access Exits, Level Entry - Main
Association Recreation Fee No
Business Type Auto Related, Day Care Facility, Flex, Manufacturing, Professional, Warehouse
Construction Materials Block, Masonry
Cool Fuel Natural Gas
Cooling Central A/C, Energy Star Cooling System, Ductless/Mini-Split
County MONTGOMERY
Days on Market 72
Electric 3 Phases
Exclusions Tenants Belongings
Heating 90% Forced Air, Ceiling
Lot Size Square Feet 63651.00
MLS Area Springfield Twp (10652)
New Construction No
Percent Ownership Fee Simple
Possession Negotiable
Possible Use Automotive, Distribution, Flex Space, Industrial, Manufacturing, Office, Professional Service, Special Purpose, Warehouse
Price Per Sq Ft 225.92
Property Condition Excellent
Property SubType Industrial
Property Type Commercial Sale
Property Use Investment
Roof Flat, Metal, Rubber
Security Features Smoke Detector, Fire Detection System
Sewer Public Sewer
Tax Annual Amount 17414.0
Tax Lot 017
Tax Year 2022
Total Units 9
Vacation Rental Y/N No
Water Access Y/N No
Waterfront Y/N No
Year Built 1975
Zoning INDUSTRIAL
Zoning Description Industrial / Light Industrial / Special Variances are in place

Interior Features

Central Air Y/N Yes
Flooring Concrete, Laminated, Partially Carpeted, Ceramic Tile
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Other
Total Restrooms 15

Exterior Features

Building Area Total 38730.00
Car Parking Spaces 72
Door Features Double Entry
Fencing Y/n Yes
Lot Features Corner, Level
Lot Size Acres 1.46
Lot Size Source Estimated
Navigable Water Y/N No
Parking Features Paved Parking, Private
Total Parking Spaces 72
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19038

Price
AVG $790K
$8.75M
Taxes
AVG $13,106
$17,414
Visits
AVG 173
65
Data Provided by Inside Real Estate®
Year Built
AVG 1929
1975