Office location in historic Washington Crossing, PA. Currently 4 units. Currently three tenants as one is taking two spots. Main building was a chapel and then a conventional 2 story addition went on in the rear. Public Sewer is one very attractive feature. Well water. Non Conforming uses allowed include Offices but not restaurant. Lease info and expense info details only to interested parties who have seen the offices. Awards and More Lease runs until 12/14/2022. North Star Lease runs until 12/31/2020 w 3 options to extend for the Tenant. Miceport's Lease runs to 1/31/2022. Leases are in the Documents section. Showings must be approved by existing tenants. SF is estimate from Seller. Building sits at the corner of Lord Sterling and Embarcation. The 2015 Flood Mapping shows the property surrounded by a 500 year floodplain but sitting above that flood zone. Heating and cooling is all electric w all 5 Heat Pumps recently replaced: 2016(2), 2017(2),2020(1). Two office units enter through main door on Lord Sterling and two units have private entrances. There is an easement that allows the retaining wall, walk and shrubs on the Cemetery side of the Building to stay. Maintenance of walk and shrubs is by Owner of Embarcation Building. Owner represents that maintenance issues exist and Buyer is to satisfy themselves as to condition. Building will be Sold "as is." Ceiling heights and office space condition vary from Unit to Unit. Units in old section have high ceilings and tall windows. All units are separately metered for electric. House electric pays for main entry hall, sign and exterior lamp posts. Building has some hardwood flooring and some carpet. Recent capital updates to building in addition to previously mentioned HVAC include: $4800 for new section of rear roof shingles (2019), $6430 carpet (2018), $2800 carpet (2019), $1100 gutter guards (2020) and $2150 new fire door (2018). Capital Improvement in 2020: $5200 Heat Pump. Income as of 6/1/2021 is $6100/mo or $73,200/year. Recurring Yearly Expenses in 2020: Pest control $770; Common Area Cleaning $551; Trash $2650; Electric $898; RE Taxes $14,900; Lawn and Snow $3350; Sewer service to Park $300; Inspection $115; Building Insurance $4684; 2021 $861 for plumbing. The use of this Building is limited to Office/Studio.
Courtesy of: RE/MAX Properties - Newtown Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 18th September, 2021 11:07 PM
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