2797 Egypt Rd

2797 Egypt Rd , Audubon, Pennsylvania, 19403 | 6,600 sq.f | $ 1,750,000

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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