Skip To Content

1345-1347 Middletown Road

GLEN MILLS, PA 19342
  • $565,000
  • STATUS: Closed
  • ON SITE: 415 Days
  • ID#: PADE2047762
Sold - 03/15/2024
$565,000
SOLD - 03/15/2024
  • 0
    BEDS
  • 2.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1740
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Located in the true heart of downtown Gradyville lies an opportunity to write yourself into the rich history of two of Edgmont Township+GGs most recognizable dwellings, the former +G+Gradyville Inn+G- (dating back to approximately 1740) and the Gradyville Post Office (currently cash flowing at $36,500 annually with a lease in place until 11/2026!). Situated on a sprawling corner property with high visibility, this parcel is in the C-1 Zoning District, but allows for both commercial AND residential uses. It goes without saying that Edgmont+GGs residents prefer that the post office remain, and that is the wish of the owner, as well (sale subject to current lease). With a current lease of $3,041/month ($36,500 annually, through November, 2026), the new owner will have immediate income as they work with the township on their vision and plans for this parcel on a prominently located corner property in charming Gradyville. The post office (#1347) is a two-story dwelling (approximately 3,000sf total) with the 2nd story consisting of five offices (see agent for current permitted uses and the Township for possible permissible uses), a bathroom and utility room. There is private access to this level via an exterior stairwell on either side of the building.The following ideas for suggested use will all need to be outlined and proposed to the Township for approval: The former Gradyville Inn can be restored to its grandeur, or with Edgmont Twp approval, made into a twin home, as the footprint is large enough to accommodate for two side-by-side residences. The 2nd and 3rd floors have 4 bedroom each, with a second kitchen (plumbing is there) on the 2nd level. Deep window wells, incredibly intricate millwork and tiles from the 1740's. Thinking of adding a single-family dwelling to this property, or potentially two if allowable (2 acre minimum, so this would require the former Inn to be demolished)? Bring your vision to the Township and be the catalyst to improve this special parcel in historic Gradyville. Note: As per Edgmont Township, +G+The C-1 District is designed primarily for commercial development with a view toward serving the general convenience shopping or service needs of local neighborhoods and the residents of the Township; providing areas which are nearby and accessible to such neighborhoods and residents; establishing regulations to help ensure compatibility with adjacent residential uses; and promoting more of a village-type character with small buildings in scale with and/or similar to those in historic Gradyville.

Monthly Payment Calculator



©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 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: 2024-07-23T13:53:27.22.
www.johnkrizateam.com/homes/140171625
Print Image

1345-1347 Middletown Road GLEN MILLS, PA 19342

  • Price: $849,000
  • Status: Closed
  • On Site: 415 Days
  • Updated: 20 min ago
  • ID#: PADE2047762
0
Beds
0
Baths
0
½ Baths
2.4
Acres
1740
Built
Neighborhood:
Edgmont Twp (10419)
County:
Delaware
Area:
Edgmont Twp (10419)
Elementary School:
Glenwood
Middle School:
Springton Lake
High School:
Penncrest
School District:
Rose Tree Media
Property Description
Located in the true heart of downtown Gradyville lies an opportunity to write yourself into the rich history of two of Edgmont Township+GGs most recognizable dwellings, the former +G+Gradyville Inn+G- (dating back to approximately 1740) and the Gradyville Post Office (currently cash flowing at $36,500 annually with a lease in place until 11/2026!). Situated on a sprawling corner property with high visibility, this parcel is in the C-1 Zoning District, but allows for both commercial AND residential uses. It goes without saying that Edgmont+GGs residents prefer that the post office remain, and that is the wish of the owner, as well (sale subject to current lease). With a current lease of $3,041/month ($36,500 annually, through November, 2026), the new owner will have immediate income as they work with the township on their vision and plans for this parcel on a prominently located corner property in charming Gradyville. The post office (#1347) is a two-story dwelling (approximately 3,000sf total) with the 2nd story consisting of five offices (see agent for current permitted uses and the Township for possible permissible uses), a bathroom and utility room. There is private access to this level via an exterior stairwell on either side of the building.The following ideas for suggested use will all need to be outlined and proposed to the Township for approval: The former Gradyville Inn can be restored to its grandeur, or with Edgmont Twp approval, made into a twin home, as the footprint is large enough to accommodate for two side-by-side residences. The 2nd and 3rd floors have 4 bedroom each, with a second kitchen (plumbing is there) on the 2nd level. Deep window wells, incredibly intricate millwork and tiles from the 1740's. Thinking of adding a single-family dwelling to this property, or potentially two if allowable (2 acre minimum, so this would require the former Inn to be demolished)? Bring your vision to the Township and be the catalyst to improve this special parcel in historic Gradyville. Note: As per Edgmont Township, +G+The C-1 District is designed primarily for commercial development with a view toward serving the general convenience shopping or service needs of local neighborhoods and the residents of the Township; providing areas which are nearby and accessible to such neighborhoods and residents; establishing regulations to help ensure compatibility with adjacent residential uses; and promoting more of a village-type character with small buildings in scale with and/or similar to those in historic Gradyville.
Exterior Features

Construction Materials Stone Garage YN No Parking Features Paved Parking Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3935.00 Cooling None Exclusions Cars will be removed prior to closing. Heating Forced Air Heating YN Yes Net Square Feet 3935.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Flex Buyer Financing Cash Central Air YN No Cooling Fuel Electric Cross Street Gradyville Heating Fuel OilElectric Historic YN No Hot Water Electric Municipality EDGMONT TWP Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802383994544 Ownership Interest Fee Simple Possession ImmediateNegotiable Property Sub Type Mixed Use Sale Type Standard Sewer Septic Exists Tax Annual Amount 12464.00 Tax Assessment Amount 664290.00 Tax Lot 017-001 Vacation Rental YN No Water Source Well Zoning C1 ZONING DISTRICT

Listing courtesy of Keller Williams Realty Devon-Wayne: .


©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 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: 2024-07-23T13:53:27.22.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_802383994544-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_802383994544-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_802383994544-2.jpg
Logo
John Kriza Real Estate Team | Beiler-Campbell Realtors
402 Bayard Rd. Ste. 100
Kennett Square PA, 19348