300 EASTON RD, Horsham, PA 19044 – PAMC2116040 - Joseph Lam

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$2,200,000

Est. payment - /mo

0.6 Acres Lot

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UPDATED:

11/15/2024 08:11 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Hallowell

MLS Listing ID PAMC2116040

Originating Board BRIGHT

Year Built 1955

Annual Tax Amount $10,627

Tax Year 2023

Lot Size 0.599 Acres

Acres 0.6

Lot Dimensions 383.00 x 0.00

Property Description

Located at the bustling intersection of Rte 611 (Easton Rd) and Horsham Rd, this property offers a fantastic investment opportunity. With a long-term NNN (triple net) lease in place, the convenience store and gas station generate steady cash flow, with annual rent increases. Additionally, the 20x39 garage space provides potential for extra income through leasing or as a base for your own business, allowing you to offset your mortgage with rental income. The property currently generates over $100,000 in annual income, with room for growth. Buyers should confirm their intended use with the township as the current zoning allows for multiple by-right uses.

Location

State PA

County Montgomery

Area Horsham Twp (10636)

Zoning GC-2

Interior

Hot Water Natural Gas

Heating None

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Water Access N

Roof Type Flat,Rubber

Accessibility None

Total Parking Spaces 3

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Hatboro-Horsham

Others

Tax ID 36-00-03766-005

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Listed by Ajmal Sarfraz • Keller Williams Real Estate Tri-County

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262