Property Description
Newtown Office Park - Medical and/or professional use approved; Second floor office condominium in elevator served building currently separated into two separate units (Suites 422 - approx 4007 sf and Suite 425 - approx 3689 sf); Suite 422 is currently tenant occupied and Suite 425 is currently owner occupied with a flexible move out date; Floor plans are attached in Documents; Suite 425 is a stunning modern office setting perfect to attract both clients and employees; Suite 422 (Leased) features a large reception area with cathedral ceiling and many private offices and break room; Convenient to both Historic Newtown Borough and Newtown's ever expanding restaurant scene, as well as quick access to I-295, the PA Turnpike and Route 1, this property is perfect for the owner/investor, while giving the user potential for growth (Suite 425 is also available for Lease at $25/sf plus $2/electric/cam); Monthly condo fee total for all units is $2165.99/mo; 2 month Capital Contribution at settlement for buyer
Overview
Property Type
Commercial
Location
790 NEWTOWN YARDLEY ROAD 422-425, NEWTOWN, PA 18940
Zoning
OLI
MLS ID
PABU2083004
Listing Last Updated
Property Features & Amenities
Interior
Total Rooms
0
Appliances
Electric Water Heater
Exterior
Water Source
Public
Utilites
Cable Available, Water Available, Sewer Available, Electricity Available
Roof
Shingle
Parking
Paved, Parking Lot
Heat Type
Electric, Heat Pump
Air Conditioning
Central Air, Electric
Sewer
Public Sewer
Details
Total Area
7,884 Sq.Ft.
Financial
Price
$1,350,000
Real Estate Tax
$22,241/yr
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