821 Bethlehem PikeSpring House, PA 19002
- Other commercial real estate
- 24,214 SF
Property Details for 821 Bethlehem Pike
- Year built
- 1920
- Lot size
- 1.77 AC
- Property size (Sq ft)
- 24,214 SF
- Zone code
- D
- Property type
- Other commercial real estate
- APN
- 39-00-00367-00-8
- APU
- 390000367008
Description
This Spring House, PA shopping center presents a compelling value-add investment opportunity. Located at 821 N Bethlehem Pike, this 24,214 square foot property boasts three buildings, 11 tenants, and a 100% occupancy rate, generating a strong NOI of $265,550. Situated on a 1.77-acre lot with 32 parking spaces, the center benefits from a prominent 153-foot frontage on heavily trafficked N Bethlehem Pike. The property's Business District D zoning allows for continued operation and potential future development. The strong tenant base and high occupancy, combined with the favorable demographics of Lower Gwynedd Township, ensure a stable and potentially growing income stream. The Net Rentable Area is 21,485 square feet. This is a triple net (NNN) leased multi-tenant property. The property's location and strong performance make it an attractive investment for those seeking a stable, high-performing retail asset in a desirable Pennsylvania location. The property offers significant potential for long-term growth and value appreciation. This is a rare opportunity to acquire a well-established, fully occupied shopping center in a thriving community.
Location Insight
- City
- North Wales
- County
- Montgomery
- State
- Pennsylvania
- Latitude
- 40.1796
- Longitude
- -75.227
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
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