MLS® ID: 1000428878

137 WALLACE AVE

Downingtown, Pennsylvania, 19335

$799,000 Active
  • 11379 SQFT
Great investment opportunity,Developing area, A site for a Martial Art studio (Taekwondo school), an Art (drawing) lessons studio, an Auto body/repair shop and a Landscaping services shop. It brings in about $6,000 per month in rents currently - roughly $4,600 in net operating income after property taxes and owner's insurance policy. One or two rental units of 1,600 SF total is available for lease for roughly $1,000/month. Including this, potential annual gross rental income is over $80,000.
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Listing courtesy of Executive Home Sales Inc

Amenities

  • Zip
    19335
  • Office name
    Executive Home Sales Inc
  • Subdivision
    None Available
  • SQFT
    11379
  • Property type
    Commercial
  • School district
    DOWNINGTOWN AREA
  • Tax year
    2018
  • Office ID
    EXECHOME
  • Agent ID
    60035527
  • Agent name
    Sang S Park
  • Tax amount
    $ 13375.0
  • Purchase Type
    Active
  • Price Range
    $700k-$800k
  • Square Feet Range
    7000+ sq ft.

Location

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