137 Wallace Avenue

    DOWNINGTOWN, PA 19335
    • $749,000
    • STATUS: Active
    • ON SITE: 141 days
    • ID#: PACT484396
    UPDATED: 82 min ago
    $749,000
    • 0
      BEDS
    • 1.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,379
      SQFT
    • $66
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:

    School Ratings & Info

    School District:

    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 $1,850 and $950/month) are still there. Reasonable operating expenses: $13,375 annual taxes; $3,000 Insurance; and $1,500-$2,000 exterior/roof repairs annually.

    Monthly Payment Calculator



    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-12-05T08:51:36.837.
    www.balihomes-md.com/homes/96933876

    137 Wallace Avenue DOWNINGTOWN, PA 19335

    • Price: $749,000
    • Status: Active
    • Updated: 82 min ago
    • ID#: PACT484396
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.1
    Acres
    11,379
    SQFT
    $66
    $/SQFT
    1957
    Built
    Neighborhood:
    Downingtown Boro (10311)
    County:
    Chester
    Area:
    Downingtown Boro (10311)
    School District:
    Downingtown Area
    Property 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 $1,850 and $950/month) are still there. Reasonable operating expenses: $13,375 annual taxes; $3,000 Insurance; and $1,500-$2,000 exterior/roof repairs annually.
    Exterior Features

    Construction Materials BrickCombinationMetal Siding Garage YN No Parking Types Parking Lot Riparian Rights YN No Roof AsphaltRubber Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 11379.00 Cooling Central A/C Heating CentralForced Air Heating YN Yes Net Square Feet 11379.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Annual Gross Expense 18500.00 Assessment Year 2019 Association YN No Business Type Day Care FacilityFlexHealth ClubOther/General RetailRecreationStorageSupermarket/Grocery StoreWarehouse Central Air YN Yes Cooling Fuel Electric Cross Street E Pennsylvania Ave Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Downingtown Boro Insurance Expense 3000.00 Navigable Water YN N New Construction YN No Number Of Units Total 0 Operating Expense 18500.00 Operating Expense Includes InsuranceRepair/Maintenance Original MLSNumber 301889598090 Owner Pays InsuranceTaxes - Real Estate Ownership Interest Fee Simple Possession Negotiable Property Sub Type Services Sale Type Standard Sewer Public Sewer Tax Annual Amount 13375.0 Tax Assessment Amount 341180.0 Tax Lot 0009.0100 Vacation Rental YN No Water Source Public Zoning C3

    Listing courtesy of Hanco Real Estate Llc.


    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-12-05T08:51:36.837.
     
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