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57 E Butler Ave, Ambler, PA 19002

$514,000

  • Sold
  • Closed
  • Commercial
57 E Butler Ave, Ambler, PA 19002 View this property at 57 E Butler Ave, Ambler, PA 19002
57 E Butler Ave Ambler PA 19002

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Property Description

Ambler Borough Landmark building. Turn of the century built for the Ambler Gazette. Recently the building was known as the Ambler Cabaret. Cabaret has been closed and vacant for many years. This space is approx. 5k sq. ft. Remainder of first floor was recently used as a flower shop and is approx. 2k sq.ft. for a total of approx. 7k sq. ft.on 1st floor. Total building square footage is estimated at between 12,000 and 15,000. Full basement below accessed from rear at ground level. Located on busy downtown Butler Pike. Great sized first floor for restaurant or many other retail uses. Three stories tall and has large pent roof over the sidewalk. Six entry doors on sidewalk. Two separate entries for the 2nd & 3rd floor apartments/offices. Three
doors go into each retail space. One door goes into full basement by concrete steps. Loading door in the rear is accessed from the rear ally way. Upstairs features 5 apartments. All have separate electric including electric heating. Fire alarm system and door intercoms recently installed. Metal Fire escapes are at rear of building for each. Newer windows throughout. Also recently replaced roof with transferable warranty. Most apartments have updated kitchens, baths and have been painted. There are also 5 rooms last used as offices and meeting rooms. They could be converted to 3 or 4 more apartments. Building needs work. Rents could be in the 15k to 20k range per month depending on your rehab. Many possibilities for the investor or a user.

Full Property Details for 57 E Butler Ave

  • Sold For: $514,000
  • Taxes: $12,592 (2015)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 6548392
  • Added: 901 day(s) ago

Property History

  • 57 E Butler Ave, Ambler, PA
  • Sold at $514,000 on 1/8/16
  • Listed at $799,900 on 4/8/15

Interior

  • Flooring: 3.0

Location

  • Area: Ambler Boro
  • County: MONTGOMERY

Utilities

  • Utility Description: Water Available, Sewer Available, Gas Available, Electricity Available, Telephone, Cable TV Available

Structural Information

  • Roof: Flat Roof
  • Current Bldg. Use: 4100
  • Year Built: 1923

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Dimensions: 74
  • Frontage: State
  • Zoning: C

Financial Considerations

  • Tax Amount: $12,592
  • Tax Year: 2015

Listed by Walter Studley Real Estate Sales Corp
Sold by Keller Williams Real Estate-Blue Bell

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57 E Butler Ave, Ambler, PA 19002 (MLS# 6548392) is a Commercial property that was sold at $514,000 on January 08, 2016. Want to learn more about 57 E Butler Ave? Do you have questions about finding other Commercial real estate for sale in Ambler? You can browse all Ambler real estate or contact a Coldwell Banker agent to request more information.

Listed by Walter Studley Real Estate Sales Corp
Sold by Keller Williams Real Estate-Blue Bell

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