$749,000
137 Wallace Ave,
DOWNINGTOWN PA, 19335
Description
New price $749,900 - reduced by $50K from previous listing. Biggest tenant - martial art studio - left as of 6/30/19, leaving a total of approximately 8,000 sf vacant for new tenant or owner-occupant. Other two long-term tenants (paying $1,855 and $972/month) are still there. Reasonable operating expenses: $13,375 annual taxes; $3,000 Insurance; and $1,500-$2,000 exterior/roof repairs annually.
Details
| MLS# | PACT484396 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 192 |
Features
| SQ Feet | 11,379 |
|---|---|
| Story(s) | 0 |
| Zoning | C3 |
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Area Information | |
|---|---|
| State | PA |
| City | DOWNINGTOWN |
| Zip Code | 19335 |
| Area | Downingtown Boro (10311) |
| Listing VS Median (in 19335) | |
Price: $749,000 low | high Med: $349,358 SqFt: 11,379 low | high Med: 2,085 $ / SqFt: $66 low | high Med: $169 On Site: 192 low | high Med: 81.5 | |
Listing Updated: 01/23/2020
MLS Number: PACT484396Listing Provided By:
Sang-Mook Ha of Hanco Real Estate LLC