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306 N 5th Street, Perkasie, PA 18944

$550,000

  • For Sale
  • Active
  • Commercial Lease
306 N 5th Street, Perkasie, PA 18944View this property at 306 N 5th Street, Perkasie, PA 18944
306 N 5th StreetPerkasiePA18944
Property Description
REDUCED AND RESTRUCTURED!!!!! New price is 550,000 for the 2 parcels (36-6-073 and 36-6-81) which totals about 70,607 +/- square feet. Buyer will have right of first refusal to purchase parcel 36-6-80 which adjoins these two parcels and currently has a a single home on it. The former Anderson engineering building is approximately 10,000 sq. ft. and is now vacant making this an opportunity for rental income while the other buildings are rehabbed, or make it part of the total development plan. There is also an approximately 15,265 sq.ft. manufacturing building available as well as two garages. This is a great opportunity for a developer. The Boro of Perkasie has expressed their desire to see these parcels developed and will work closely with the developer to see this project to completion. The Guth Elementary school is about a block and a half away and the high school and shopping center are about 5 minutes away. The town center with a new restaurant and shops are an easy walk. There was a phase one study done and is clean. The seller has gotten estimates for either an asbestos removal or demolition for the larger building. AGENTS, PLEASE BE AWARE THAT THE PURCHASE OF 16 EDUS WILL BE MADE PART OF ANY AGREEMENT. THE SALE PRICE OF THESE WILL BE 245,000 AND NO COMMISSION WILL BE PAID ON THIS PART OF THE TRANSACTION. The property is easily shown. Contact the listing agent.

Full Property Details for 306 N 5th St

General

  • Price: $550,000
  • Taxes: $6,954 (2018)
  • Status: Active
  • Type: Commercial Lease
  • MLS ID: 1003278899
  • Updated: 10/5/2018
  • Added: 380 day(s) ago

Business

  • Business Type: Commercial, Leasehold, Professional/Office, Warehouse
  • Year Established: -10
  • Includes: Land and Building, Land Only

Additional Information

  • Other Features: Private Restrooms, Fencing

Parking

  • Parking Features: Lot, Fenced, Off Street
  • Parking Type: Parking Lot, Off Street
  • Parking: 26 to 50 Car Garage

Location

  • Area: Perkasie Boro (10133)
  • County: Bucks
  • Development Name: None Available
  • Subdivision: None Available
  • Building Name: PERKASIE GLASSWORKS
  • Cross Streets: Callowhill
  • Driving Directions: 152 North, Right at the Perk, follow detour signs to corner of 5th and Callowhill.
  • Location Details: Downtown

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Water Available, Sewer Available, Electric Available, Phone

Structural Information

  • # Buildings: 6
  • Architectural Info: Other
  • Construction: Mixed, Mixed Plumbing
  • Foundation: Stone, Concrete Perimeter, Brick/Mortar
  • Roof: Flat, Pitched
  • Loading: Drive-In Door
  • Stories/Levels: 0
  • Finished Above Grnd: 25,000 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 1.03
  • Lot Size (Sq. Ft.): 44,867
  • Topography: Level
  • Zoning: R2

Financial Considerations

  • Price Per Sq. Ft.: $22
  • Tax w/Assessment: $41,900
  • Tax Amount: $6,954
  • Tax Year: 2018
  • Tenant Pays: Electricity, Heat, Gas

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenants Possessions
  • Inclusions: None
  • Lot Number: 81

Listed by BHHS Keystone Properties, Thomas S Slack

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Schools

Schools serving 306 N 5th St

School District:Pennridge School District
Score
Name
Grades
Distance
7
1228 North Fifth St, Perkasie, PA 18944
9-12
1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 306 N 5th St Get Price Alerts

Date
Details
Price
Change
Source
8/23/2018
Price Reduced
$550,000
-60.69%
MLS
10/07/2017
Listed
$1,399,000
89.3%
MLS
5/21/2015
Sold
$739,040
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History

Tax History for 306 N 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2017
$6,901
2%
$41,900
2016
$6,768
-19%
$41,900
-20%
2015
$8,310
3%
$52,240
2014
$8,048
1%
$52,240
2013
$7,939
$52,240
2012
$7,939
5%
$52,240
2008
$7,538
$52,240
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 306 N 5th St

Listed by BHHS Keystone Properties, Thomas S Slack

306 N 5th Street, Perkasie, PA 18944 (MLS# 1003278899) is a Commercial Lease property. 306 N 5th Street is currently listed for $550,000 and was received on October 07, 2017. Want to learn more about 306 N 5th Street? Do you have questions about finding other Commercial Lease real estate for sale in Perkasie? You can browse all Perkasie real estate or contact a Coldwell Banker agent to request more information.