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 Unit: 422-425, NEWTOWN, PA 18940
Zoning
OLI
MLS ID
PABU2083004
Listing Last Updated
Property Features & Amenities
Interior
Exterior
Water Source
Public
Utilities
Water Available, Sewer Available, Electric Available, Phone, Cable TV Available
Roof
Pitched, Shingle
Parking
Parking Lot
Heat Type
Heat Pump - Electric Back Up
Air Conditioning
Central A/C
Sewer
Public Sewer
Disability Features
None
Details
Total Area
7,884 Sq.Ft.
Financial
Price
$1,350,000
Real Estate Tax
$22,241/yr
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