$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 TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1957
Days On Site192

Features

SQ Feet11,379
Story(s)0
ZoningC3

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Area Information

StatePA
CityDOWNINGTOWN
Zip Code19335
AreaDowningtown Boro (10311)
Listing VS Median (in 19335)
Price:
$749,000
low | high
Med:
$349,358
100% of Average
SqFt:
11,379
low | high
Med:
2,085
100% of Average
$ / SqFt:
$66
low | high
Med:
$169
100% of Average
On Site:
192
low | high
Med:
81.5
100% of Average
Listing Updated: 01/23/2020
MLS Number: PACT484396
Listing Provided By:
Sang-Mook Ha  of  Hanco Real Estate LLC