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1021 Old York Road

ABINGTON, PA 19001
  • $3,499,999
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: PAMC2082236
UPDATED: 22 min ago
$3,499,999
  • 0
    BEDS
  • 0.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2007
County:

School Information

Elementary School:
High School:
School District:

Description

Impressive Income Producing Professional Office Building, Fully Rented with 5 Year Leases!! Seller Financing Available at 4%! Fabulous Class A Office Space Available, Modern 4 Story Office, Nothing Like It in This Area!! Currently There are 6 Fully Rent Offices and all Leases Have Rent Increases; The Building Was Built In 2008, Most Tenants Designed Their Own Space, Most with Higher End Finishes; Tons of Parking, Including Private Carport Parking For Tenant Owner and Plenty of Parking Outside the Parking Lot; The Basement Has Tons of Storage Space and Houses the Buildings Mechanicals, and Has a Back Door for Tenants to Utilize for Ease of Entry; The 1st Floor Office Currently is a Dentist Office and Has 2,500 Square Feet and Beautiful Finishes; Rented By a Long Time Abington Dentist and Has a Very Busy Office; Second Floor Was Split Off Into 2 Offices, The Larger Side is another Dentist Office, Beautiful Space and the Other Smaller Office is Currently Rented by a Forensic Scientist; The Third and Most of the Fourth Floors Are Rented By the Same Tenant; In the Third Floor Office; The Initial Tenant Spent Over 800k Designing This Office Space with High-End Finishes; 4th Floor is Set Up Very Nicely and Has Very Nice Finishes; 3rd and 4th Floor Offices Have Floor to Ceiling Glass Windows in Their Conference Rooms, High Hat Lighting 3rd Floor Office Has a Reception Area, a Must See Cappuccino Bar, a Full Kitchen with Breakfast Bar Type Seating, and a Fantastic CEO Suite with Full Floor to Ceiling Windows with Fantastic Views; Both 3rd and 4th Floors Have a Modern Conference Room and Seats Over 12 to 16 Comfortably with Pendant Lighting; Both Floors Also Have a Second Conference Room Seats 6 to 8 People Comfortably with Pendant Lighting; Each Office Has 2 Bathrooms, Handicap Accessible, with Tile Floor and Walls;. 3rd Floor Office Has 9 Office Plus a CEO Office Suite; 4th Floor Has 9 Offices, Kitchen, Reception Area, 2 Conference Rooms and 6 Cubicles and Can Be Made Into Offices, Both are Medical Offices;Tenants & Clients Will Be Impressed When Visiting This Building! Easy Access for Visitors & Clients and Handicapped Accessible, Secure Building With Security Cameras, Visitors Must Use Phone Box In Foyer to Access Your Floor Via Elevator After Hours; All Offices Have Windows with Some That Open; Trash Dumpster Outside Easily Accessible from Basement; Storage Room Comes with Office Space in Basement; Easy Access Up Steps if Do Not Want to Take Elevator; In Heart of Abington Commercial District; Close to Shopping, Restaurants, Whole Foods, Starbucks, Train Station, Bus Stop Outside the Front Door; Don't Miss Out On This Opportunity to Own a Multi-Million Dollar Office Building; This is One of the Most Impressive Offices in the Suburban Area; Enjoy Owning This Beautiful Office Building Without Fighting the City Traffic and the Costs of Owning Property in the City; Download Floor Plan PDF, Income and Expense Worksheet in Bright Docs;

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©2023 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 John Kriza Real Estate Team | Beiler-Campbell Realtors. 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: 2023-09-22T17:54:12.313.
www.johnkrizateam.com/homes/143006581
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1021 Old York Road ABINGTON, PA 19001

  • Price: $3,499,999
  • Status: Active
  • On Site: 20 Days
  • Updated: 22 min ago
  • ID#: PAMC2082236
0
Beds
0
Baths
0
½ Baths
0.72
Acres
2007
Built
Neighborhood:
Abington Twp (10630)
County:
Montgomery
Area:
Abington Twp (10630)
Elementary School:
Highland
Middle School:
Abington Junior High School
High School:
Abington Senior
School District:
Abington
Property Description
Impressive Income Producing Professional Office Building, Fully Rented with 5 Year Leases!! Seller Financing Available at 4%! Fabulous Class A Office Space Available, Modern 4 Story Office, Nothing Like It in This Area!! Currently There are 6 Fully Rent Offices and all Leases Have Rent Increases; The Building Was Built In 2008, Most Tenants Designed Their Own Space, Most with Higher End Finishes; Tons of Parking, Including Private Carport Parking For Tenant Owner and Plenty of Parking Outside the Parking Lot; The Basement Has Tons of Storage Space and Houses the Buildings Mechanicals, and Has a Back Door for Tenants to Utilize for Ease of Entry; The 1st Floor Office Currently is a Dentist Office and Has 2,500 Square Feet and Beautiful Finishes; Rented By a Long Time Abington Dentist and Has a Very Busy Office; Second Floor Was Split Off Into 2 Offices, The Larger Side is another Dentist Office, Beautiful Space and the Other Smaller Office is Currently Rented by a Forensic Scientist; The Third and Most of the Fourth Floors Are Rented By the Same Tenant; In the Third Floor Office; The Initial Tenant Spent Over 800k Designing This Office Space with High-End Finishes; 4th Floor is Set Up Very Nicely and Has Very Nice Finishes; 3rd and 4th Floor Offices Have Floor to Ceiling Glass Windows in Their Conference Rooms, High Hat Lighting 3rd Floor Office Has a Reception Area, a Must See Cappuccino Bar, a Full Kitchen with Breakfast Bar Type Seating, and a Fantastic CEO Suite with Full Floor to Ceiling Windows with Fantastic Views; Both 3rd and 4th Floors Have a Modern Conference Room and Seats Over 12 to 16 Comfortably with Pendant Lighting; Both Floors Also Have a Second Conference Room Seats 6 to 8 People Comfortably with Pendant Lighting; Each Office Has 2 Bathrooms, Handicap Accessible, with Tile Floor and Walls;. 3rd Floor Office Has 9 Office Plus a CEO Office Suite; 4th Floor Has 9 Offices, Kitchen, Reception Area, 2 Conference Rooms and 6 Cubicles and Can Be Made Into Offices, Both are Medical Offices;Tenants & Clients Will Be Impressed When Visiting This Building! Easy Access for Visitors & Clients and Handicapped Accessible, Secure Building With Security Cameras, Visitors Must Use Phone Box In Foyer to Access Your Floor Via Elevator After Hours; All Offices Have Windows with Some That Open; Trash Dumpster Outside Easily Accessible from Basement; Storage Room Comes with Office Space in Basement; Easy Access Up Steps if Do Not Want to Take Elevator; In Heart of Abington Commercial District; Close to Shopping, Restaurants, Whole Foods, Starbucks, Train Station, Bus Stop Outside the Front Door; Don't Miss Out On This Opportunity to Own a Multi-Million Dollar Office Building; This is One of the Most Impressive Offices in the Suburban Area; Enjoy Owning This Beautiful Office Building Without Fighting the City Traffic and the Costs of Owning Property in the City; Download Floor Plan PDF, Income and Expense Worksheet in Bright Docs;
Exterior Features

Construction Materials Copper PlumbingDryvitGlassMasonrySpray Foam Insulation Door Features Double Entry Garage YN No Location Type Suburban Lot Features Backs To TreesFront YardLevelNot In DevelopmentRear YardRoad FrontageSideyard(S) Other Equipment Negotiable Parking Features Lighted ParkingPrivateSecurity/MonitoredUnassigned Parking Types Off SiteOn StreetParking LotPrivate Garage Property Condition Excellent Riparian Rights YN No Road Responsibility State Road Surface Type Access - On GradeBlack Top Roof Flat View StreetTrees/Woods Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 14000.00 Cooling Central A/C Flooring CarpetCeramic TileConcreteHardwood Heating Forced Air Heating YN Yes Inclusions Some Furniture Net Square Feet 14000.00 Security Features Exterior CamerasSecurity SystemSmoke DetectorSprinkler System - IndoorSurveillance Sys

Property Features

Acceptable Financing CashConventionalInstallment SaleNegotiableSeller Financing Accessibility Features 2+ Access Exits36"+ Wide HallsElevatorGrab Bars ModLevel Entry - MainLow Pile CarpetingRamp - Main LevelWheelchair Height Mailbox Annual Gross Expense 86112.00 Assessment Year 2023 Association Expense 0.00 Business Type InstitutionalMedicalProfessional Central Air YN Yes Cooling Fuel Electric Cross Street Susquehanna Electric Circuit Breakers200+ Amp Service3 Phases Electric Expense 11500.00 Elevators 1 Entry Level 1 Foundation Details Concrete PerimeterPermanentSlab Gross Income 320000.00 Heating Fuel Natural Gas Hot Water Electric Insurance Expense 5061.00 Internet Services CableDslSatellite Lease Considered YN No Maintenance Expense 3600.00 Municipality Abington Twp Navigable Water YN N Net Operating Income 244912.00 New Construction YN No Number Of Units Total 0 Operating Expense 85820.00 Operating Expense Includes ElectricInsuranceLandscapingManagement FeesParkingPest ControlRepair/MaintenanceSewerSnow RemovalTrashWater Original MLSNumber 802576619852 Owner Pays None Ownership Interest Fee Simple Possession Negotiable Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 36100.00 Tax Assessment Amount 813450.00 Total Actual Rent 320000.00 Transportation Bus Stop Less Than 1 MileCommuter Rail Station Less Than 1 Mile Trash Expense 13200.00 Utilities Cable Tv AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning Commercial Zoning Description All Possible ProfessionalMedical

Listing courtesy of Exp Realty, Llc: .


©2023 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 John Kriza Real Estate Team | Beiler-Campbell Realtors. 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: 2023-09-22T17:54:12.313.
 
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