1145 Interchange Road, Gilbert, PA 18331

$575,000
Property Type: Commercial Sale Square Footage: 10,694 Status: Closed
Current Price: $575,000 List Date: 11/19/2021 Last Modified: 9/11/2024

Overview

Description

Investors!! Great Industrial investment opportunity located in Gilbert, PA! Excellent space and location! Investment site has 5 available units for lease including; 2 warehouses and 1 garage which are currently leased and have been leased the past four years with occupants remaining. 2 warehouses (3,640 sq ft & 2, 520 sq ft), 1 garage (1,000 sq ft), 1 residential rental home (2,400 sq ft), 1 full retail storefront (2,672 sq ft) are all income producing opportunities on this amazing 13 ACRE Industrial investment property! Great warehouse/manufacturing site and room for expansion! The residential rental consists of four bedrooms, 1 full bath, and two half baths. The retail storefront has 2 large showrooms, 3 office spaces, and 1 half bath., Truck: 10-11FT, Ceiling: 10-12FT

Supplements: Beautiful fruit trees align the property and plenty of parking availability! Investors be sure to check this one out!

Listing Details MLS# 21-3924

General Property Information

Number Of Buildings
5
Number Of Units Total
5
SqFt. Above Grade (Legacy)
8294
SqFt. Below Grade (Legacy)
2400
Building Area Total
10694
Living Area
10694
Year Built
1969
Lot Size Acres
13
Water Body Name
None
Stories
2
Leasable Area
10694
List Price/SqFt
67.8
Sold Price/SqFt
53.77

Property Features

Building Features: Delivery Door; Drive-In Door; Public Restrooms Business Type: Distribution; Industrial; Manufacturing; Professional Service; Warehouse Construction Materials: Brick Cooling: Wall/Window Unit(s) Current Use: Commercial; Industrial; Office; Residential Electric: 440 Volts Exterior Features: Storage Heating: Oil Levels: Multi/Split Listing Terms: Cash; Conventional; Lease Option Lot Features: Near Industrial Park Parking Features: Covered; On Site Possession: Close Of Escrow; Negotiable Possible Use: Industrial; Residential; Retail; Warehouse Road Frontage Type: Freeway; Highway Road Surface Type: Concrete; Gravel; Paved Roof: Flat Security Features: Security System Sewer: Septic Tank Tenant Pays: Sewer; Water Water Source: Well

Contract Information

Listing Contract Date
2021-10-01
Property Attached YN
No

Location Tax and Legal

Street Number
1145
Street Name
Interchange
Street Suffix
Road
County
Monroe
State
PA
Postal Code
18331
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Investors!! Great Industrial investment opportunity located in Gilbert, PA! Excellent space and location! Investment site has 5 available units for lease including; 2 warehouses and 1 garage which are currently leased and have been leased the past four years with occupants remaining. 2 warehouses (3,640 sq ft & 2, 520 sq ft), 1 garage (1,000 sq ft), 1 residential rental home (2,400 sq ft), 1 full retail storefront (2,672 sq ft) are all income producing opportunities on this amazing 13 ACRE Industrial investment property! Great warehouse/manufacturing site and room for expansion! The residential rental consists of four bedrooms, 1 full bath, and two half baths. The retail storefront has 2 large showrooms, 3 office spaces, and 1 half bath., Truck: 10-11FT, Ceiling: 10-12FT

Status Change Information

Major Change Timestamp
2022-02-07T17:06:36Z
Major Change Type
Status Change
Purchase Contract Date
2021-12-06
Close Date
2022-02-03
Close Price
575000

More Information

Building Features

Included In Contract
Building Only
Number of Levels
2
Office SqFt
2800
Delivery Door
Yes
Drive-In Door
Yes
Public Restrooms
Yes

Income and Expenses

Gross Income
54000
Net Operating Income
35801

Location, Tax, and Legal

Municipality
Polk Township
High School District
Pleasant Valley
Cnty&Muni Taxes (Legacy)
2201.58
School Tax Amount
13265.38
Tax Annual Amount
15466.96
Tax Assessed Value
572240
Parcel Number
13623800611361
Zoning Description
Industrial
Tax Book Number
2381/6763

Construction Materials

Brick
Yes

Cooling

Wall/Window Unit(s)
Yes

Current Use

Commercial
Yes
Industrial
Yes
Office
Yes
Residential
Yes

Electric

440 Volts
Yes

Exterior Features

Storage
Yes

Heating

Oil
Yes

Levels

Multi/Split
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Option
Yes

Lot Features

Near Industrial Park
Yes

Parking Features

Covered
Yes
On Site
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Road Frontage Type

Freeway
Yes
Highway
Yes

Road Surface Type

Concrete
Yes
Gravel
Yes
Paved
Yes

Roof

Flat
Yes

Security Features

Security System
Yes

Sewer

Septic Tank
Yes

Water Source

Well
Yes

Business Type

Distribution
Yes
Industrial
Yes
Manufacturing
Yes
Professional Service
Yes
Warehouse
Yes

Possible Use

Industrial
Yes
Residential
Yes
Retail
Yes
Warehouse
Yes

Tenant Pays

Sewer
Yes
Water
Yes

Documents

Listing Office: Davis R. Chant - Milford
Last Updated: September - 11 - 2024
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
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