401 Penllyn Pike,PENLLYN, PA 19422
PENLLYN, PA 19422
Description
WELL-MAINTAINED RETAIL INVESTMENT OPPORTUNITY - LOWER GWYNEDD TOWNSHIP Exceptional location, excellent condition, and strong commercial appeal! This well-maintained retail investment property is ideally situated on approximately 1.39 acres along Penllyn Pike in highly desirable Lower Gwynedd Township, offering excellent visibility, convenient access, and an attractive setting for both tenants and customers. The property features a well-maintained retail building configured for three separate commercial tenants, each benefiting from its own dedicated entrance, prominent signage, and convenient customer access. The current tenant mix includes a pizza restaurant, smoke shop, and nail salon, providing a diverse combination of established retail and service uses. The pizza restaurant is thoughtfully configured with a commercial kitchen and inviting dining area accommodating approximately 24 patrons. The additional retail spaces offer flexible, open-span layouts, providing tenants with efficient space that can accommodate a variety of retail and service-oriented businesses. A major advantage of the property is its 29 on-site parking spaces, providing excellent convenience for customers and employees and enhancing the overall functionality of the property. The combination of ample parking, individual entrances, attractive tenant signage, and a highly visible Penllyn Pike location creates an excellent commercial environment. The property's strategic Lower Gwynedd Township location provides convenient access to surrounding residential and commercial areas, making it an attractive destination for local customers and providing tenants with an established location in a desirable Montgomery County community. Its proximity to Blue Bell, Ambler and major area roadways further enhances accessibility and regional appeal. The property presents an attractive opportunity for an investor seeking a well-maintained multi-tenant retail property, as well as an owner-user looking for a prominent commercial location with additional income-producing potential. The combination of location, condition, parking, visibility, flexible layouts, and a diversified tenant configuration makes this a compelling commercial real estate opportunity. A rare opportunity to acquire a quality, income-producing retail property in a highly desirable Lower Gwynedd Township location.
Details
| MLS # | PAMC2192654 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1998 |
| Days On Site | 45 |
| Listing Provided By | Coldwell Banker Realty | Michael Marchese |
Features
| Story(s) | 1 |
|---|---|
| Zoning | COMMERCIAL |
| Acreage | 1.39 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating | None |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Stucco, Block, Glass, Mixed Plumbing |
| Foundation Details | None |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Parking |
Taxes
| Tax Annual Amount | 8576 |
|---|
Area Information
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | PENLLYN |
| Zip Code | 19422 |
| Area | Lower Gwynedd Twp (10639) |
| School District | WISSAHICKON |
| Listing VS Median (in 19422) | |
Price: $1,200,000 low | high Med: $675,000 On site: 45 low | high Med: 22 | |
Market Activity 19422
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Learn More About This Property
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | PENLLYN |
| Zip Code | 19422 |
| Area | Lower Gwynedd Twp (10639) |
| School District | WISSAHICKON |
| Listing VS Median (in 19422) | |
Price: $1,200,000 low | high Med: $675,000 On site: 45 low | high Med: 22 | |