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306 N 5th Street, Perkasie, PA 18944

$1,399,000

  • 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
The Glass Works property consists of three separate parcels totaling approximately 2.5+/- acres. Currently there is a 10,500 +/- two story office building occupied by an engineering company and other renters. There is also a 15,265 +/- manufacturing building rented out as storage and two other storage buildings also rented out. The frontage on Fifth Street is approximately 57 feet and approximately 165 feet on Callowhill. The total of all the current rents is $5,684.00/month. Please refer to the Public Records for these three parcels for additional information. There are two entrances to these parcels. One is the driveway to the right of the Anderson Building. The second is off of Callowhill, half a block above the intersection of 5th
and Callowhill. Tax records show the owner of these three parcels to be L. James Chant, who is deceased. A Phase I environmental study of parcels 33-006-73 and 33-006-081 was done in 2015 and no environmental conditions were identified. An appraisal, done on November 12, 2010, valued the property at $1,375,000. Copies of the Phase I Study, Appraisal and Asbestos Removal will be supplied by the Listing Agent. This is an excellent development opportunity in Perkasie Borough. The Guth Elementary School is only about a block away and thus makes this an ideal location for single family, townhouses or apartments. An inspection of the Anderson Engineering facilities will be available only on a second showing. Seller says the Borough of Perkasie would love to see this property developed and are open to ideas. This is a great opportunity for a developer to create something truly exceptional. There are great things happening in Perkasie. Come join the resurgence of the Borough. Please allow 24 Hour Notice. Per Seller, all three parcels are being sold together. Total tax amount is $10,270. These parcel numbers are 33-006-73, 33-006-80 and 33-006-81.

Full Property Details for 306 N 5th St

General

  • Price: $1,399,000
  • Taxes: $6,954 (2018)
  • Status: Active
  • Type: Commercial Lease
  • MLS ID: 1003278899
  • Updated: 7/25/2018
  • Added: 312 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.: $55.96
  • 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
10/07/2017
Listed
$1,399,000
89.3%
MLS
5/21/2015
Sold
$739,040
Public Record
Disclaimer: Historical sales and 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 $1,399,000 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.