$700,000
$750,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
0.85 Acres Lot
SOLD DATE : 11/18/2016
Key Details
Sold Price $700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1003571677
Sold Date 11/18/16
HOA Y/N N
Originating Board TREND
Year Built 1869
Annual Tax Amount $24,877
Tax Year 2016
Lot Size 0.852 Acres
Acres 0.85
Lot Dimensions .85 ACRE
Property Description
Completely renovated commercial space. Former school building converted into Class A office space. Corner property with onsite parking. Exceptional triple net lease with long term tenant and good income stream. Current lease $6750 per month with rent increase of 3% per year. Current lease runs 7 years & started 4/1/2016. Tenant pays taxes in addition to rent. Two separate parcels are included.
Location
State PA
County Chester
Area Oxford Boro (10306)
Zoning R2
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Flooring Wood
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground, Above Ground
Waterfront N
Water Access N
Roof Type Shingle,Slate
Accessibility Mobility Improvements
Road Frontage Boro/Township
Parking Type None
Garage N
Building
Building Description Other,Plaster Walls, Kitchen,Overhead Door,Refrigerator(s),Security Lighting,Security System
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Other,Plaster Walls
New Construction N
Schools
School District Oxford Area
Others
Tax ID 06-09 -0020 AND 06-09-0019
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Al Schweizer • Patterson-Woods & Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "