MLS® ID: 7206044

137 WALLACE AVENUE

DOWNINGTOWN, Pennsylvania, 19335

$799,000 Active
  • - SQFT
A cash cow investment property in Downingtown. 11,379 SF 1-story flex, industrial building on 1.1 acre lot with a large parking lot provides endless potential for use and occupancy. Current tenants include a Martial Art School, an Auto repair/body shop, and a Landscaping Services shop. It brings in more than $6,000 per month in rental income currently - over $4,500 in net operating income after property taxes and owner's insurance policy. One or two rental units of about 2,000 SF is available for leases for roughly $1,200/Mon. Including this, potential annual gross rental income is over $85,000.
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Listing courtesy of Hanco Real Estate LLC

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19335
  • Office name
    Hanco Real Estate LLC
  • Subdivision
    NONE AVAILABLE
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Commercial Sale
  • Zoning type
    C3
  • School district
    DOWNINGTOWN AREA
  • Year built
    1957
  • Lot size
    1.1
  • Sewer
    Public Sewer
  • Heating
    Forced Air
  • Agent name
    Sang-Mook Ha
  • Purchase Type
    Active
  • Price Range
    $700k-$800k
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    HANCORE
  • Agent ID
    3171437

Location

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