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306 N 5TH ST, Perkasie, Pennsylvania

$1,399,000Active

Property Details

306 N 5TH ST, Perkasie, Pennsylvania 18944 - The Glass Works property consists of three separate parcels totaling approximately 2.5+/- acres. Currently there is a 10,500 +/- two story office building occupied by an engineering company and other renters. There is also a 15,265 +/- manufacturing building rented out as storage and two other storage buildings also rented out. The frontage on Fifth Street is approximately 57 feet and approximately 165 feet on Callowhill. The total of all the current rents is $5,684.00/month. Please refer to the Public Records for these three parcels for additional information. There are two entrances to these parcels. One is the driveway to the right of the Anderson Building. The second is off of Callowhill, half a block above the intersection of 5th and Callowhill. Tax records show the owner of these three parcels to be L. James Chant, who is deceased. A Phase I environmental study of parcels 33-006-73 and 33-006-081 was done in 2015 and no environmental conditions were identified. An appraisal, done on November 12, 2010, valued the property at $1,375,000. Copies of the Phase I Study, Appraisal and Asbestos Removal will be supplied by the Listing Agent. This is an excellent development opportunity in Perkasie Borough. The Guth Elementary School is only about a block away and thus makes this an ideal location for single family, townhouses or apartments. An inspection of the Anderson Engineering facilities will be available only on a second showing. Seller says the Borough of Perkasie would love to see this property developed and are open to ideas. This is a great opportunity for a developer to create something truly exceptional. There are great things happening in Perkasie. Come join the resurgence of the Borough. Please allow 24 Hour Notice. Per Seller, all three parcels are being sold together. Total tax amount is $10,270. These parcel numbers are 33-006-73, 33-006-80 and 33-006-81.

Amenities

  • Zip18944
  • CountyBucks
  • SQFT25000
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeR2
  • School districtPennridge
  • Year built1900
  • Lot size1.03
  • SewerPublic Sewer
  • Tax amount$6,901.00
  • Tax year2017
  • Office IDPRUKEY
  • Agent ID60000026
  • Agent nameThomas Slack
  • MLS® ID7066734

Broker: BHHS Keystone Properties

Listing Courtesy of BHHS Keystone Properties

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