Karen Kean - Coldwell Banker Hearthside
105 N Main St
DUBLIN, PA 18917

$1,199,000

Description

The potential of this commercially-zoned property is limitless as it is becoming available at this exciting time while Dublin Borough considers large revitalization projects. Bordered by Route 313 and Elephant Road on the main route between Doylestown and Quakertown, this intersection boasts an annual average daily traffic count of 16,000. Uniquely positioned on the angle, the main building provides high sign visibility on all four sides, as the front of the building points directly at the intersection, so traffic heading West on Route 313 as well as the traffic approaching from Middle and Dublin Roads can see the retail store front entrances, yet the back retail entrances and side of the main building can be easily seen by those traveling East on 313, while the Elephant Road side has access and visibility as well. 20+ parking spots are available in the front and back of the main building. The main building consists of three floors totaling 10,699 sqft and the garage/storage building is 3354 sqft consisting of 2 floors. Currently a mixed use of two retail spaces, four leased storage spaces and three apartments, the potential exists to increase rental income by adjusting the large 3rd floor storage space into two more apartments, making for 10 leasable units. Three separate storage units in the detached storage building currently are rented as 4 units because the entire large 2nd floor of this garage is rented as well. All three apartments, which are occupied by long-term tenants, have two bedrooms and are incredibly spacious--each between 1127 and 1556 sqft-- which makes them easy to rent, and the possibility for an immediate income increase exists for the new owner as these apartments are rented at under-market value. Recent survey available. Town Center 1 zoning permits a multitude of business operations; please check with Dublin Borough to verify. This is that rare opportunity to plan for future development of this highly-visible retail/professional office corner yet to be able to take immediate advantage of the many leased units available.

Details

MLS#1004228041
StyleIndustrial
Sub-TypeResale
StatusActive
Year1947
Days On Site357

Features

SQ Feet14,053
Story(s)0
ZoningTC1

Market Activity 18917

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Area Information

StatePA
CityDUBLIN
Zip Code18917
AreaDublin Boro (10110)
Listing VS Median (in 18917)
Price:
$1,199,000
low | high
Med:
$224,900
100% of Average
SqFt:
14,053
low | high
Med:
1,408
100% of Average
$ / SqFt:
$85
low | high
Med:
$160
37.213284981803% of Average
On Site:
357
low | high
Med:
34
100% of Average
Listing Updated: 12/17/2018
MLS Number: 1004228041
Listing Provided By:
Amy Herrmann  of  Keller Williams Real Estate-Doylestown

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