Remarks

This expansive commercial property encompasses nearly an acre of prime land, presenting a lucrative opportunity for business owners and investors. Currently operating as a well-established car dealership, the property boasts a generous 35-car frontage dedicated to the dealership, with ample space for approximately 120 cars across the lot. The main building serves as a versatile hub, featuring an inviting showroom with central heating and large bay windows ideal for showcasing model cars. Additionally, the property includes multiple offices and two comfortable apartments.
The garage space stands out with three lifts and an attic for efficient storage, offering added potential. There's a separate address and utilities for the back garage, which currently generates $2,000 per month in rent. The apartments generate $1,000 each on a month-to-month basis, with tenants covering most utilities, except for water. The showroom and garage are currently owner occupied can be rented for an additional $10,000 a month.
With five separate offices and a functional kitchen, this property is perfect for a variety of business ventures. The travertine tile flooring exudes a professional atmosphere. Located in a high-traffic area just three minutes from the King of Prussia central hub to the suburbs, this property is an enticing prospect for astute investors and business owners seeking a profitable, high-visibility property. Don't miss this exceptional opportunity to expand your business horizons, offering the potential for seven different rental incomes totaling $16,000 to $18,000 each month.

Details

MLS#: PAMC2086542
Price: $2,250,000

Year Built: 1980

County: MONTGOMERY
Tax Fee: 15774.0