511 Stump RdNorth Wales, PA 19454

Property Details for 511 Stump Rd

Property size (Sq ft)

56,263 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional multi-tenant retail and restaurant property, located at 511 Stump Rd in North Wales, PA 19454, offers a unique investment opportunity. The property comprises three buildings totaling 56,263 square feet, situated on a prime location. The buildings feature a mix of existing tenants and available spaces, providing flexibility for various business types. Currently, there are three suites available, ranging from a minimum of 1,600 square feet to a maximum contiguous space of 8,267 square feet, with a total of 3,844 square feet currently vacant. Previous tenants included a bank with a drive-thru and a full-service restaurant. The property boasts two stories and two elevators, enhancing accessibility and functionality. Significant planned renovations are underway, including the addition of sixteen apartments on the second floor, along with other site improvements, promising increased value and potential for future income streams. This property is ideal for investors seeking a diverse portfolio of retail and restaurant tenants in a thriving Pennsylvania community. The property's strategic location and planned upgrades make it a compelling investment opportunity with strong potential for long-term growth and returns. The property is zoned for retail and restaurant uses.

Location Insight

City

North Wales

County

Montgomery

State

Pennsylvania

Latitude

40.2321

Longitude

-75.2276

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