1021 Old York Road, Abington, Pennsylvania 19001
Listing IDPAMC2000845
Price$4,100,000
StatusACTIVE
SqFt
14,000
Acres
0.720
CountyMontgomery
Year Built2007
Property TypeCommercial Sale
Property Sub TypeOffice
Impressive Professional Office Building, Fabulous Class A Office Space Available, Modern 4 story Office Building, Only 13 Years Old; Private Elevator Access, Visitors Must Call Before They Can Access the Upper Floors Via Elevator; Key Card Entrance with Call Phone in Building Lobby; Turn Key Set Up, Some Furniture in an Office, All Depends on What You Need; Underground Parking For 5 Cars, Each Office Space Gets 1 Spot!! Currently There are 5 Offices; In Third Floor Office, Current Tenant Spent Over 800k Designing This Office Space with High-End Finishes; 4th Floor is Set Up Very Nicely and Has Very Nice Finishes and Furniture Would Stay With the Office; Tenants Clients Will Be Impressed When Visiting This Building! Visitors Must Use Phone Box In Foyer to Access Your Floor Via Elevator; Secure Building With Security Cameras; All Offices Have Windows with Some That Open; 3rd and 4th Floor Offices Have Floor to Ceiling Glass Windows in Their Conference Rooms, High Hat Lighting rd Floor Office Has a Reception Area, a Must See Cappuccino Bar, a Full Kitchen with Breakfast Bar Type Seating, and a Fantastic CEO Suite with Full Floor to Ceiling Windows with Fantastic Views; Both 3rd and 4th Floors Have a Modern Conference Room and Seats Over 12 to 16 Comfortably with Pendant Lighting; Both Floors Also Have a Second Conference Room Seats 6 to 8 People Comfortably with Pendant Lighting; Each Office Has 2 Bathrooms, Handicap Accessible, with Tile Floor and Walls, Except the 1st Floor Dentist Office That Has 2,500 Square Feet; Second Floor Was Split Off Into 2 Office, One a Dentist Office and the Other a Scientist Office. 3rd Floor Office Has 9 Office Plus a CEO Office Suite; 4th Floor Has 4 Offices, Kitchen, Reception Area, 2 Conference Rooms and an Open Bull Pen with Cubicles and Can Be Made Into Offices; Trash Dumpster Outside Easily Accessible from Basement; Storage Room Comes with Office Space in Basement at No Charge; Easy Access Up Steps if Do Not Want to Take Elevator; In Heart of Abington Commercial District; Close to Shopping, Restaurants, Whole Foods, Starbucks, Train Station, Bus Stop Outside the Front Door; Don't Miss Out On This Opportunity to Own a Multi-Million Dollar Office Building; This is One of the Most Impressive Offices in the Suburban Area; Enjoy Owning This Beautiful Office Building Without Fighting the City Traffic and the Costs of Owning Property n the City; Download Floor Plan PDF in Bright Docs;
County
Montgomery
Price/SqFt
292.86
Property Sub Type
Office
Property Type
Commercial Sale
Year Built
2007
Zoning
COMMERCIAL
Building Total SqFt Source
Estimated
Central Air
yes
Cooling Type
Central A/C
Flooring Type
Carpet, Ceramic Tile, Concrete, Hardwood
Heating
yes
Heating Type
Forced Air
Car Parking Spaces
52
Construction Materials
Copper Plumbing, Dryvit, Glass, Masonry, Spray Foam Insulation
Cooling Fuel
Electric
Electric Service
Circuit Breakers, 200+ Amp Service
Fencing
N
Foundation Details
Concrete Perimeter, Permanent, Slab
Heating Fuel
Natural Gas
Hot Water
Natural Gas
Lot Dimensions Source
Assessor
Lot Features
Backs to Trees, Front Yard, Level, Not In Development, Rear Yard, Road Frontage, SideYard(s)
Lot Size Dimensions
167.00 x 0.00
Lot Size Source
Assessor
Lot Size Units
Square Feet
New Construction
no
Parking Features
Lighted Parking, Private, Security/Monitored, Unassigned
Road Responsibility
State
Road Surface Type
Access - On Grade, Black Top
Roof
Flat
Sewer Septic
Public Sewer
Tidal Water
no
Total Garage and Parking Spaces
52
Type of Parking
Off Site, On Street, Parking Lot, Private Garage
Utilities
Cable TV Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Country
US
Location Type
Suburban
MLS Area
Abington Twp (10630)
Municipality
ABINGTON TWP
Traffic Count
Greater than 30000
Transportation
Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Views
Street, Trees/Woods
Waterfront
no
Zoning Description
All possible professional , medical
Accessibility Features
2+ Access Exits, 36"+ wide Halls, Elevator, Grab Bars Mod, Level Entry - Main, Low Pile Carpeting, Ramp - Main Level, Wheelchair Height Mailbox
Building Classification
Class A
Business Type
Institutional, Medical, Professional
Days on Market
339
Historic
no
Land Use Code
4326
Municipal Trash
no
Potential Tenancy
Multiple
Property Condition
Excellent
Property Manager
N
Property Use
Investment
Year Assessed
2022
Year Built Source
Assessor
Acceptable Financing
Cash, Conventional, Installment Sale, Negotiable, Seller Financing
Annual Gross Expense
70000
Association Recreation Fee
N
Automatically Update Tax Values
yes
Cap Rate
0.07
Common Area Maintenance
70000
Electric Average per Month
800
Electric Expense
9600
Gross Income
340000
Gross Scheduled Income
340000
Ground Rent Exists
no
Inclusions
some furniture
Income Includes
Professional Offices
Lease Considered
no
Net Operating Income
270000
Net SqFt
14000
Operating Expense
75000
Operating Expense Includes
Electric, Insurance, Landscaping, Management Fees, Parking, Pest Control, Repair/Maintenance, Sewer, Snow Removal, Trash, Water, Other
Other Expense
40000
Ownership Interest
Fee Simple
Possession
Negotiable
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
34941
Tax Assessed Value
813450
Tax Data Updated
no
Tax Lot
010
Tax Opportunity Zone
N
Tax Year
2022
Total Actual Rent
340000
Vacation Rental
no
Contact - Listing ID PAMC2000845
Brett Furman
528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060
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