For Sale: Retail building with 2 apartments, 2-3 commercial units in Flourtown | $385K

A 3,000 sf retail building at 1518-1520 Bethlehem Pike in Flourtown is on the market for $385,000.

According to the listing, the building is 100% leased and includes two residential one-bedroom apartments and 2-3 commercial units.


From the description:

Prime Flourtown Multi-Use building offers two residential one-bedroom apartments & 2-3 commercial units, located in the prime shopping district of Springfield Township. The storefront, presents excellent signage andhas enjoyed a consistent tenancy history. The first-floor commercial space spans approximately 1,500 sq ft, with an additional 125 sq ft office on the second floor and about 1,200 sq ft in residential apartments. The property is equipped with 200 AMP electric service. The space may be divided as needed. Photos are from past tenant spaces. Property needs work. Rents have never been increased so they are way below market value. One unit pays $750/mo, the other unit was paying $750/mo. There are 3 vacant store fronts. The last tenant was paying $700/mo. The area includes two supermarkets, several coffee shops, and a Movie Tavern. This property presents a great opportunity for an investor or owner-occupant. Conveniently located near Chestnut Hill, Center City, Route 309, and other major travel routes, this property is highly accessible. Make an offer today!!

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