About This Restaurant
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.
Property Details
- Sale Type Investment or Owner User
- Sale Condition Redevelopment Project
- Property Type Retail
- Property Subtype Storefront Retail/Residential Storefront Retail/Residential General Retail Bar General Retail Fast Food General Retail Restaurant Storefront Retail/Residential
- Building Size 6,600
- Building Class C
- Year Built 1810
- Price 1,750,000
- Price Per SF 265
- Percent Leased 100
- Tenancy Multiple
- Building Height 3 Stories
- Building FAR 0.15
- Land Acres 1.00 AC
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Drive Thru
- Monument Signage
- Air Conditioning
Property Taxes
Parcel Number | 43-00-03655-001 | Improvements Assessment | $191,730 |
Land Assessment | $53,270 | Total Assessment | $245,000 |
Date Created: | 2024-07-16 04:23:33 | Last Updated: | 2024-07-16 04:23:33 |
Address: | 2797 Egypt Rd , Audubon, Pennsylvania, 19403 |