821 Bethlehem PikeSpring House, PA 19002

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

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

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