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$1,200,000

  • Sold
  • Closed
  • Business
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Incredible opportunity for an Investor, Developer or Personal Business. Almost an acre of commercial real estate on an EXTREMELY busy commercial road in Maple Glen on the border of Horsham , Ambler and Upper Dublin Townships. A very sought after commercial and residential hub in Montgomery County. Owner can utilize the upstairs with a longterm stable tenant downstairs. Building has 2 units. First floor unit consist of approximately 4100 Sq ft and is currently leased to a very established Restaurant/Bar through 2027. Upstairs is approximately an additional 2100 Sq ft and is currently gutted space ready for office/business conversion. Upstairs has separate access/entrance from outside of the building. New Mechanical systems, compressors and roof have all been installed in 2022. Over 400k of repairs and upgrades in 2022. There is an Additional 2 car detached garage at the rear of the building which is currently also leased by the first floor tenant and used as storage.

Full Property Details for 870 E Welsh Rd

General

  • Sold For: $1,200,000
  • Taxes: $16,409 (2023)
  • Status: Closed
  • Type: Business
  • Source: BrightMLSPhilly
  • MLS ID: PAMC2060128
  • Added to Site: 1, 154 day(s) ago

Business

  • Business Type: Restaurant/Bar

Parking

  • Total Spaces: 22
  • Parking Type: Parking Lot

Location

  • Area: Horsham Twp (10636)
  • Municipality: HORSHAM TWP
  • County: Montgomery
  • Driving Directions: Get on I-76 W, take exit 339 to merge onto PA-309 N toward Ambler. Take exit toward Norristown Rd/Springhouse. Follow Norristown Rd/State Rte 2007 then turn left onto Welsh Rd. The property is on your right.

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Other
  • Stories/Levels: 0
  • Year Built: 1960
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.84
  • Lot Size (Sq. Ft.): 36,800
  • Lot Size Source: Assessor
  • Lot Dimensions: 100.00 x 0.00
  • Zoning: 4282

Financial Considerations

  • Assessment Year: 2023
  • School Tax: $14,099
  • City/TownTax: $574
  • City/TownTax Freq: Annually
  • County Tax: $1,734
  • County Tax Freq: Annually
  • Tax w/Assessment: $442,260
  • Tax Amount: $16,409
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 50

Listed by Keller Williams Philadelphia, Christopher K Somers and Keller Williams Philadelphia, Sean Dundon
Sold by Realty Mark Associates, Steve Kim

Listing agents

— 870 E Welsh Rd —

  • Christopher K Somers

    Keller Williams Philadelphia

  • Sean Dundon

    Keller Williams Philadelphia

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 870 E Welsh Rd

School District:Hatboro-Horsham School District
NameGradesDistance
Keith Valley Middle School
227 Meetinghouse Road, Horsham, PA 19044
6-82.9 mi
Hatboro-Horsham Senior High School
899 Horsham Road, Horsham, PA 19044
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 870 E Welsh Rd

Date
Details
Price
Change
Source
3/17/2023
Sold
$1,200,000
—
MLS
1/06/2023
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Philadelphia, Christopher K Somers and Keller Williams Philadelphia, Sean Dundon
Sold by Realty Mark Associates, Steve Kim

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Price Reduced near 870 E Welsh Rd

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1525 Limekiln Pike, Dresher, PA 19025 - Photo 1 Price Reduced
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870 E Welsh Road, Maple Glen, PA 19002 (MLS# PAMC2060128) is a Business property that was sold at $1,200,000 on March 17, 2023. Want to learn more about 870 E Welsh Road? Do you have questions about finding other Business real estate for sale in Maple Glen? You can browse all Maple Glen real estate or contact a Coldwell Banker agent to request more information.