Sold 10/11/2016

Excellent investment opportunity! This 4 unit mixed use village commercial property is a combination of retail and office space ideally located in Lafayette Hill. The property consists of a 725 sq ft stand alone retail space with excellent exposure on Germantown Pike, 1,447 sq ft 1st floor office space, 838 sq ft 2nd floor office space and 3rd floor 2 bedroom apartment. This is a perfect investment for an owner who wishes to occupy a portion of the building and derive income from the remaining space. Pro forma capitalization rate is 8.5% for a pure investment play. Recent improvements to the interior exceeds $50,000 and the space is now ready for occupancy. The daily traffic count on Germantown Pike of 10,000-20,000 cars per day will provide excellent exposure for your business and Tenants. Box sign on roof. The property has plenty of on site parking in rear. It is located next to the Lafayette Hill Post Office and is less than 2 miles from the PA Turnpike for easy commuting. Close to shopping, Chestnut Hill and Philadelphia.

Property Details
  • Colonial - Mont Co
    school district
  • $6,374.00
  • 1813
  • 3
  • 6745681
Vinyl flooring
Tile flooring
School district: Colonial - Mont Co
Vinyl siding
Stucco exterior
Stone exterior
Lot acreage is: 0.26
Lot dimension is: 45
Lot on state road
Lot zoned: VC1
Public sewer
Public water
Units in building(s): 4
Property style: 1
Tax year: 2016
Courtesy of:
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Address Distance Sale date Sale price
450 GERMANTOWN PIKE 0 mi. 10/11/2016 $557,000
71 HARRY ST 2.74 mi. 4/15/2017 $535,000
7707 RIDGE AVE 2.95 mi. 3/30/2018 $250,000
7703 RIDGE AVE 2.96 mi. 3/30/2018 $250,000
7701 RIDGE AVE 2.97 mi. 3/30/2018 $250,000
8012 GERMANTOWN AVE 3.37 mi. 11/27/2017 $636,675
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{"markerType": "Sold", "lat": "40.05202", "lng": "-75.23612", "Address": "7707 RIDGE AVE", "City": "Philadelphia", "StateProv": "PA", "ZipCode": "19128"}
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{"markerType": "Sold", "lat": "40.05182", "lng": "-75.23601", "Address": "7701 RIDGE AVE", "City": "Philadelphia", "StateProv": "PA", "ZipCode": "19128"}
{"markerType": "Sold", "lat": "40.0708", "lng": "-75.20117", "Address": "8012 GERMANTOWN AVE", "City": "Philadelphia", "StateProv": "PA", "ZipCode": "19118"}
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450 GERMANTOWN PIKE, LAFAYETTE HILL, PA 19444 commercial was sold for $557,000.
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Data last updated: 9/26/2018.