SOLD
$1,200,000
Sold Date 03/17/2023
870 E WELSH RD
Maple Glen, PA 19002
0.84
Acres Lot
Other
70 days on Nestfully
28 views
Incredible opportunity for an Investor, Developer or Personal Business. Almost an acre of commercial real estate on an EXTREMELY busy commercial road in Maple Glen on the border of Horsham , Ambler and Upper Dublin Townships. A very sought after commercial and residential hub in Montgomery County. Owner can utilize the upstairs with a longterm stable tenant downstairs. Building has 2 units. First floor unit consist of approximately 4100 Sq ft and is currently leased to a very established Restaurant/Bar through 2027. Upstairs is approximately an additional 2100 Sq ft and is currently gutted space ready for office/business conversion. Upstairs has separate access/entrance from outside of the building. New Mechanical systems, compressors and roof have all been installed in 2022. Over 400k of repairs and upgrades in 2022. There is an Additional 2 car detached garage at the rear of the building which is currently also leased by the first floor tenant and used as storage.
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