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300 Easton Road

HORSHAM, PA 19044
  • $2,300,000
  • STATUS: Active
  • ON SITE: 116 Days
  • ID#: PAMC2088398
UPDATED: 142 min ago
$2,300,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1955
County:

School Ratings & Info

School District:

Description

Commercial property with prime location at the intersection of Rte 611 (Easton Rd) and Horsham Rd in Horsham Township. Great investment opportunity for someone looking for hands off, NNN (triple net) cash flow, as the convenience store operates the gas station and has over 8 years left on the lease with annual increases, plus the opportunity to rent out the garage space (20x39) for additional income. Or, if you are looking to start or expand your current business, you can set up shop in the garage space and use the rent from the store/gas station to offset your mortgage. Property currently generates over $100,000 in annual income with room to grow with additional space. Current zoning allows for multiple by right uses, but it is buyer's responsibility to confirm with the township if the desired usage is permitted. Seller Financing is potentially available for qualified buyer(s).

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-26T23:52:57.307.
www.newhometeammd.com/homes/144960330
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300 Easton Road HORSHAM, PA 19044

  • Price: $2,300,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 142 min ago
  • ID#: PAMC2088398
0
Beds
0
Baths
0
½ Baths
0.6
Acres
1955
Built
Neighborhood:
Horsham Twp (10636)
County:
Montgomery
Area:
Horsham Twp (10636)
School District:
Hatboro-Horsham
Property Description
Commercial property with prime location at the intersection of Rte 611 (Easton Rd) and Horsham Rd in Horsham Township. Great investment opportunity for someone looking for hands off, NNN (triple net) cash flow, as the convenience store operates the gas station and has over 8 years left on the lease with annual increases, plus the opportunity to rent out the garage space (20x39) for additional income. Or, if you are looking to start or expand your current business, you can set up shop in the garage space and use the rent from the store/gas station to offset your mortgage. Property currently generates over $100,000 in annual income with room to grow with additional space. Current zoning allows for multiple by right uses, but it is buyer's responsibility to confirm with the township if the desired usage is permitted. Seller Financing is potentially available for qualified buyer(s).
Exterior Features

Construction Materials BlockStone Garage YN No Location Type Corner Lot/Unit Parking Features Paved Parking Parking Types Parking Lot Property Condition Excellent Riparian Rights YN No Roof FlatRubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3400.00 Cooling Central A/C Heating None Net Square Feet 3400.00

Property Features

Acceptable Financing CashConventionalNegotiableSeller Financing Accessibility Features None Assessment Year 2023 Business Type Convenience Store/GasOther/General Retail Central Air YN Yes Cooling Fuel Natural Gas Cross Street Horsham Rd Elevators 0 Entry Level 1 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Lease Considered YN No Municipality HORSHAM TWP Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802713055042 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Special Purpose Sale Type Standard Sewer Public Sewer Tax Annual Amount 10091.00 Tax Assessment Amount 260370.00 Tax Lot 46 Total Actual Rent 101000.00 Vacation Rental YN No Water Source Public Year Built Effective 2022 Zoning GC-2 Zoning Description General Commercial and Highway Commercial District

Listing courtesy of eXp Commercial: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-26T23:52:57.307.
 
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