1021 Old York Road Abington, PA $ 3,149,999
1021 Old York Road
$ 3,149,999
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1021 Old York Road

Abington, PA, 19001
$ 3,149,999
Baths0.0 Sq 14,000

Monthly Estimate*

$ 20,936

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Studio

Commercial Property for sale in Abington, PA

for $3,149,999. This 14,000 square foot building was built in 2007 on a lot size of 0.72.

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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Commercial Active

Price

$ 3,149,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 37,222

Style

Institutional,Medical,Professional

Lot Size

0.72

Year Built

2007

Town/City

Abington

County/Region

Montgomery

MLS | Web ID

PAMC2101630

Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Ceramic Tile Concrete Hardwood
Hot Water Electric
Total Stories 5
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
Total Restrooms 9
Entry Level 1
Number of Elevators 1
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Cable TV Available Natural Gas Available Phone Available Sewer Available Water Available
Possession Negotiable
Roof Flat
Zoning COMMERCIAL
Security Features Exterior Cameras Security System Smoke Detector Sprinkler System - Indoor Surveillance Sys
Construction Materials Copper Plumbing Dryvit Glass Masonry Spray Foam Insulation
Year Built 2007
Electric Circuit Breakers 200+ Amp Service 3 Phases
View Street Trees/Woods
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality ABINGTON TWP
Gross Income 320000.00
Business Type Institutional Medical Professional
Accessibility 2+ Access Exits 36 + wide Halls Elevator Grab Bars Mod Level Entry - Main Low Pile Carpeting Ramp - Main Level Wheelchair Height Mailbox
County MONTGOMERY
Net Operating Income 244912.00
Operating Expense 85820.00
Insurance Expense 5061.00
New Construction N
Property Type Commercial Sale
Possible Use Commercial Financial Institutional Office Professional Service Medical/Dental Mixed Use
Water Access Y/N N
Status ACTIVE
Directions Susquehanna rd travel east make right onto York Road building is on the left at the next light
City ABINGTON
Buyer Agent Compensation 2
Disclosures Agent has Financial Interest Owner RE Licensee Prop Disclosure Use and Occupancy Permit
Total Units 0
MLS Area Abington Twp (10630)
Lot Size Square Feet 31200.00
Waterfront Y/N N
Street Name OLD YORK
Tax Annual Amount 37222.0
Electric Expense 11500.00
Property Condition Excellent
Trash Expense 13200.00
Price Per Sq Ft 225.0
Acceptable Financing Cash Conventional Installment Sale Negotiable Seller Financing
Association Fee 0.00
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 18
Location Type Suburban
Standard Status Active
Year Built Source Assessor
Cap Rate 0.07
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Lighted Parking Private Security/Monitored Unassigned
Lot Features Backs to Trees Front Yard Level Not In Development Rear Yard Road Frontage SideYard(s)
Water Source Public
Inclusions some furniture
Type of Parking Off Site On Street Parking Lot Private Garage
Foundation Details Concrete Perimeter Permanent Slab
Water View Y/N N
Building Area Total 14000.00
Lot Dimensions 167.00 x 0.00
Lot Size Acres 0.72
Road Surface Type Access - On Grade Black Top
Lot Size Units Square Feet
Lot Size Source Assessor
Door Features Double Entry
Other Equipment Negotiable
Road Responsibility State
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1021
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* Excluded Features
List By
Exp Realty, Llc

Broker

cardanoteam@cardanoteam.com

Email

Affordability Calculator

$24,038
Per Month
87%
13%
0%
Monthly Principal & Interest
$20,936
Monthly Property Taxes
$3,102
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$3,149,999 Listed Price

Map


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1021 Old York Road, Abington, PA, 19001 is a Commercial Property for sale at $3,149,999 with 14,000 sqft and a lot size of 0.72. 1021 Old York Road is a studio with 0.0 baths and was built in 2007. The property's zip code is 19001 which is in Abington, PA