Royersford, Montgomery County, PA Commercial Property, Homesites for sale Property ID: 418004622
Phoenixville, PA
Dec 14, 2023
This Mixed-Use gem, situated in the coveted Central Business (CB) zone, features a three-bedroom apartment and approximately 780 square feet of versatile ground floor retail/office space. Under the current local ownership, this property thrives as a rental asset, with the owner covering water/sewer utilities and property taxes and tenants payingfor natural gas, electricity, cable/wifi, lawn care, and snow removal. The current tenants have short-term leases and are interested in staying, but that will be a decision for the new owner. Royersford has recently experienced a notable economic surge, welcoming over 30 new businesses to the Borough in the past three years. In the Central Business District, all refurbished commercial spaces are fully occupied, highlighting the local demand. Three-bedroom apartments in similar buildings command monthly rents ranging from $2,200 to $2,595, with virtually no current vacancies. Nestled in the heart of Downtown Royersford's vibrant business district, this property enjoys proximity to a diversearray of restaurants and storefronts. Its strategic location also boasts high visibility, as evidenced by an average daily traffic count of over 16,800 vehicle trips. It occupies a prime spot in a pedestrian-friendly retail neighborhood, complemented by Royersford Borough's growing market, which still has numerous untapped opportunities in various retail and office categories. Don't miss out on this extraordinary property poised to deliver impressive returns in an up-and-coming area of Royersford! Property is tenant occupied. Do not show up without an appointment and do not go into the retail store without a showing appointment. 24 hours notice required. Copyright © 2023 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
$249900
