$575,000
Gilbert, PA 18331
MLS# 21-3924
Status: Closed
10694 sqft
1 / 48
Property Description
Investors!! Great Industrial investment opportunity located in Gilbert, PA! Excellent space and location! Investment site has 5 available units for lease including; 2 warehouses and 1 garage which are currently leased and have been leased the past four years with occupants remaining. 2 warehouses (3,640 sq ft & 2, 520 sq ft), 1 garage (1,000 sq ft), 1 residential rental home (2,400 sq ft), 1 full retail storefront (2,672 sq ft) are all income producing opportunities on this amazing 13 ACRE Industrial investment property! Great warehouse/manufacturing site and room for expansion! The residential rental consists of four bedrooms, 1 full bath, and two half baths. The retail storefront has 2 large showrooms, 3 office spaces, and 1 half bath., Truck: 10-11FT, Ceiling: 10-12FT
Details
Documents
Contract Information
Current Price: $575,000
Sold Price: $575,000
Status: Closed
Listing Contract Date: 2021-10-01
Property Attached YN: No
General Property Information
Number Of Buildings: 5
Number Of Units Total: 5
SqFt. Above Grade (Legacy): 8294
SqFt. Below Grade (Legacy): 2400
Building Area Total: 10694
Living Area: 10694
Year Built: 1969
Lot Size Acres: 13
Water Body Name: None
Stories: 2
Leasable Area: 10694
List Price/SqFt: 67.8
Sold Price/SqFt: 53.77
Remarks and Miscellaneous
Public Remarks: Investors!! Great Industrial investment opportunity located in Gilbert, PA! Excellent space and location! Investment site has 5 available units for lease including; 2 warehouses and 1 garage which are currently leased and have been leased the past four years with occupants remaining.
2 warehouses (3,640 sq ft & 2, 520 sq ft), 1 garage (1,000 sq ft), 1 residential rental home (2,400 sq ft), 1 full retail storefront (2,672 sq ft) are all income producing opportunities on this amazing 13 ACRE Industrial investment property! Great warehouse/manufacturing site and room for expansion! The residential rental consists of four bedrooms, 1 full bath, and two half baths. The retail storefront has 2 large showrooms, 3 office spaces, and 1 half bath., Truck: 10-11FT, Ceiling: 10-12FT
Income and Expenses
Gross Income: 54000
Net Operating Income: 35801
Building Features
Included In Contract: Building Only
Number of Levels: 2
Office SqFt: 2800
Location Tax and Legal
Street Number: 1145
Street Name: Interchange
Street Suffix: Road
County: Monroe
State: PA
Postal Code: 18331
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2022-02-07T17:06:36Z
Major Change Type: Status Change
Purchase Contract Date: 2021-12-06
Close Date: 2022-02-03
Close Price: 575000
Property Features
Building Features: Delivery Door; Drive-In Door; Public Restrooms
Business Type: Distribution; Industrial; Manufacturing; Professional Service; Warehouse
Construction Materials: Brick
Cooling: Wall/Window Unit(s)
Current Use: Commercial; Industrial; Office; Residential
Electric: 440 Volts
Exterior Features: Storage
Heating: Oil
Levels: Multi/Split
Listing Terms: Cash; Conventional; Lease Option
Lot Features: Near Industrial Park
Parking Features: Covered; On Site
Possession: Close Of Escrow; Negotiable
Possible Use: Industrial; Residential; Retail; Warehouse
Road Frontage Type: Freeway; Highway
Road Surface Type: Concrete; Gravel; Paved
Roof: Flat
Security Features: Security System
Sewer: Septic Tank
Tenant Pays: Sewer; Water
Water Source: Well
Supplements
Beautiful fruit trees align the property and plenty of parking availability! Investors be sure to check this one out!
Sellers Disclosure 
Listing Office: Davis R. Chant - Milford
Last Updated: September - 11 - 2024
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