601 Broad Street, Milford, PA 18337

$475,000
Property Type: Commercial Sale Square Footage: 4,968 Status: Closed
Current Price: $475,000 List Date: 6/10/2022 Last Modified: 9/11/2024

Overview

Description

Tremendous Visibility, Signage & Curb Appeal for this Milford Boro Corner Lot Property! Be one of the first Businesses people see as they enter Beautiful Milford, with Broad Street PENNDOT traffic count of 12,000 vehicles per day! Perfectly maintained & fully rented with leases in place. First floor currently used as a medical office features 3 treatment rooms, 2 offices, reception room, business office and two 1/2 baths plus storage room and break room. 2nd floor is a nice, large apartment w/ Living room, kitchen, full bath, bedroom plus office area with 1/2 bath. Large basement for storage, economical natural gas heating and a beautiful side yard. ADA Compliant handicap ramp already in place. Purchase as an investment and enjoy the steady rent roll or modify the building to your own use

Listing Details MLS# 22-2091

General Property Information

Number Of Buildings
Yes
Number Of Units Total
2
SqFt. Above Grade (Legacy)
3288
SqFt. Below Grade (Legacy)
1680
Building Area Total
4968
Living Area
4968
Year Built
1860
Lot Size Acres
0.33
Water Body Name
None
Stories
2
Leasable Area
3288
List Price/SqFt
100.44
Sold Price/SqFt
95.61

Property Features

Business Type: Gift Shop; Medical; Professional Service; Professional/Office; Rental Construction Materials: Frame Cooling: Central Air; Wall/Window Unit(s) Current Use: Commercial; Residential Electric: 200+ Amp Service Heating: Electric; Natural Gas Levels: Multi/Split Listing Terms: Cash; Conventional; Lease Option Lot Features: Corner Lot Parking Features: On Site Possession: Negotiable Possible Use: Office; Residential Road Frontage Type: City Street; State Road Road Surface Type: Paved Roof: Other Sewer: Septic Tank Tenant Pays: Sewer; Taxes Water Source: Public

Contract Information

Listing Contract Date
2022-06-10
Property Attached YN
No

Location Tax and Legal

Street Number
601
Street Name
Broad
Street Suffix
Street
County
Pike
State
PA
Postal Code
18337
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Tremendous Visibility, Signage & Curb Appeal for this Milford Boro Corner Lot Property! Be one of the first Businesses people see as they enter Beautiful Milford, with Broad Street PENNDOT traffic count of 12,000 vehicles per day! Perfectly maintained & fully rented with leases in place. First floor currently used as a medical office features 3 treatment rooms, 2 offices, reception room, business office and two 1/2 baths plus storage room and break room. 2nd floor is a nice, large apartment w/ Living room, kitchen, full bath, bedroom plus office area with 1/2 bath. Large basement for storage, economical natural gas heating and a beautiful side yard. ADA Compliant handicap ramp already in place. Purchase as an investment and enjoy the steady rent roll or modify the building to your own use

Status Change Information

Major Change Timestamp
2022-11-30T21:57:23Z
Major Change Type
Status Change
Price Change Timestamp
2022-07-15T16:51:51Z
Purchase Contract Date
2022-10-19
Close Date
2022-11-30
Close Price
475000

More Information

Building Features

Included In Contract
Building Only
Number of Levels
2
Office SqFt
2150

Income and Expenses

Gross Income
51600

Location, Tax, and Legal

Street Additional Info
601 Broad St
Municipality
Milford Borough - 08
High School District
Delaware Valley
Cnty&Muni Taxes (Legacy)
3433.67
School Tax Amount
6565.73
Tax Annual Amount
9999.4
Parcel Number
113.13-03-12
Zoning Description
Commercial
Tax Book Number
2306/2496

Construction Materials

Frame
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Current Use

Commercial
Yes
Residential
Yes

Electric

200+ Amp Service
Yes

Heating

Electric
Yes
Natural Gas
Yes

Levels

Multi/Split
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Option
Yes

Lot Features

Corner Lot
Yes

Parking Features

On Site
Yes

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes
State Road
Yes

Road Surface Type

Paved
Yes

Roof

Other
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes

Business Type

Gift Shop
Yes
Medical
Yes
Professional Service
Yes
Professional/Office
Yes
Rental
Yes

Possible Use

Office
Yes
Residential
Yes

Tenant Pays

Sewer
Yes
Taxes
Yes
Listing Office: Keller Williams RE Milford
Last Updated: September - 11 - 2024
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