Montco Multifamily & Retail April-09

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

Designer's Furniture Showcase Bldg. - 166 W. Main Street, Norristown, PA 19401 Property Type:

Retail Street Retail 14,000 SF 2003

Price: Price/SF LoopNet ID: Status:

$1,950,000 $139.29 14415561 Active

http://listing.loopnet.com/14415561

$599,000 $125.05 16196961 Active

http://listing.loopnet.com/16196961

Building Size: Year Built: Property Description: Class A Office or Regional Retail Showroom. Divisible by floor. Prominent corner location with signage and parking. In Central Business District of Norristown. Within walking distance to Montgomery County Court House, County Offices and public transportation at Norristown Regional Transportation Hub. Two elevators. All custom brick bldg. Fully sprinklered. CAN BE COMBINED WITH ADJACENT PROPERTY 158 WEST MAIN STREET FOR ADDTIONAL PRICE OF $1,200,000

Glenside Restaurant - 17 Limekiln Pike, Glenside, PA 19038 Property Type: Building Size:

Retail Restaurant 4,790 SF

Price: Price/SF LoopNet ID: Status:

Property Description: Restaurant - Mixed use Building. 3 apartments with 1st floor restaurant or retail space. Located on busy Limekiln Pike in Glenside. Restaurant was operating aproximately 6 months ago. Property features a Large 56 car parking lot and existing commercial kitchen. Bring your new Ideas to the commercial space and have the income from existing long term tenants in three apartments. Aprximately $ 2,100 in Monthly income from apartments. Tenants paying their own utilities. Location Description: Restaurant - Mixed use Building. 3 apartments with 1st floor restaurant or retail space. Located on busy Limekiln Pike in Glenside. Restaurant was operating aproximately 6 months ago. Property features a Large 56 car parking lot and existing commercial kitchen. Bring your new Ideas to the commercial space and have the income from existing long term tenants in three apartments. Aprximately $ 2,100 in Monthly income from apartments. Tenants paying their own utilities. Location Description: Busy Limekiln Pike just south of Mount Carmel Ave. Great Exposure

1901 Old York Road - Abington, PA 19001 Property Type: Building Size:

Retail Free Standing Bldg 8,329 SF

Price: Price/SF LoopNet ID: Status:

Property Description: 32,310 ADT (Average Daily Traffic) Forty-Two (42) Car Parking

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$1,950,000 $234.12 16195399 Active

http://listing.loopnet.com/16195399

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

Royersford Plaza - 125 North Lewis Road, Royersford, PA 19468 Property Type: Building Size:

Retail Free Standing Bldg 7,000 SF

Price: Occupancy: LoopNet ID: Status:

Not Disclosed 54% 16189953 Active

http://listing.loopnet.com/16189953

Property Description: Great Retail Space Available on busy Main Street in Royersford Near McDonalds, Family Dollar, New Rite Aid and New Advance Auto

304 W Logan Street - Norristown, PA 19401 Property Type:

Retail Retail (Other)

Price: LoopNet ID: Status:

$200,000 16189570 Active

http://listing.loopnet.com/16189570

Property Description: Just under one half acre (.44 acre) lot zoned CR

Free Standing Former Bank Branch w/Drive-Thru - 1450 E. High Street, Pottstown, PA 19464 Property Type: Building Size:

Retail Free Standing Bldg 4,400 SF

Price: Price/SF LoopNet ID: Status:

$795,000 $180.68 16185162 Active

http://listing.loopnet.com/16185162

Property Description: Equity Retail Brokers is pleased to be the exclusive listing broker for the former Harleysville National Bank branch at 1450 E. High Street in Pottstown, PA. Property Details & Highlights: - Free Standing Building with Drive-Thru - 4,400 SF +/- Building on 0.35 acres +/- - 17 Parking Spaces - Ideal use for a Bank, Restaurant, Pizzeria, Retail, Office, or Medical Office

Page 2 of 8 Created: 4/30/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

Anthony's Tavern & Restaurant - 266 E. 4th Street, Bridgeport, PA 19405 Property Type: Building Size:

Retail Restaurant 7,000 SF

Price: Price/SF LoopNet ID: Status:

$679,000 $97.00 16181725 Active

http://listing.loopnet.com/16181725

Property Description: Anthony's Restaurant is located in the heart of Bridgeport. It has been an extremely successful business for over 70 yrs. 1st flr consists of the main dining area which can seat approx.90 patrons,full bar w/seating for 36 patrons, restrooms & fully equipped kit. 2nd Flr has a full bar & dining for 50 & restroom. 3rd flr consists of two offices & bath w/shower. There is a parking lot on property for up to approx. 30 cars. The basement offers plenty of storage space & includes a walk-in freezer & 2 walk-in refrigerators. There are many possibilities which can be taken with the 2nd & 3rd floors such as converting them to apartments or offices which would have separate entrances. This property & business is also available for Lease Purchase, Rental or Purchase. Bridgeport is presently undergoing new business and housing growth which makes this a terrific situation for the next owner. Owner is a PA State Real Estate Licensee.

Lochwood - 4335 Skippack Pike, Skippack, PA 19474 Property Type:

Retail Restaurant 5,500 SF 1789

Price: Price/SF LoopNet ID: Status:

$1,250,000 $227.27 16178956 Active

http://listing.loopnet.com/16178956

Building Size: Year Built: Property Description: Highly visible set back from the road among tall trees this 18th century 2 story stone and stucco colonial farmhouse and barn are located on the north edge of the historic destination town of Skippack. Authentic details including original pine floors, deep windowsills, chair rails, original solid wood paneled doors, hardware, dentil molding, exposed wood ceilings and beams are featured in the house. The expansive living room fireplace, with Italian marble insets, and master bedroom fireplace are wood burning. This vast barn of 3, 000+ square feet offers two full levels of rental space including a generously sized office and a 3-car garage. A large window on the 2nd level highlights the dramatic open beamed space, creating a perfect background for retail or a restaurant. An additional detached extra long 1-car garage included. Other possible uses are a residence, Bed & Breakfast, business offices, artist atelier or a physical fitness center. The front 75% of the property is zoned General Commercial; the rear quarter is zoned Light Industrial. Great investment property.

Page 3 of 8 Created: 4/30/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

Pearl Street - Rooming Houses - 212 Pearl Street, Norristown, PA 19401 Property Type: No. Units: Building Size:

Multifamily Duplex/Triplex/Fourplex 2 4,000 SF

Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:

$350,000 $175,000.00 12.00% 100% 16177592 Active

http://listing.loopnet.com/16177592

Property Description: (2) Legal boarding room houses with a total of (13) rooms. Units are located two doors away from each other. 212 Pearl Street and 218 Pearl Street. Rooms are all occupied. Gross income of $62,400 annually. Renovations completed on units including an additional bathroom. This is a cash-cow! Complete accounting records are available. See attached income statement

71-79 E Butler Avenue - Ambler, PA 19002 Property Type: Building Size:

Retail Street Retail 17,500 SF

Price: Price/SF Cap Rate: Occupancy: LoopNet ID: Status:

$2,550,000 $145.71 9.30% 95% 16165283 Active

http://listing.loopnet.com/16165283

Property Description: Current NNN Cashflow $216,665/year, with built in rent escalations. This property was gutted and completely renovated in 2008. The current configuration includes four retail storefronts facing E Butler Avenue, Two second floor suites leased to a real estate company 3D Fitness and two suites with loading docks facing the rear of the building. The 8 existing leases have staggered expirations and annual rent increases.

NNN Investment Property Philadelphia Pep Boys - 901 North Wales Road, North Wales, PA 19454 Property Type: Building Size: Year Built:

Retail Retail Pad 20,529 SF 1982

Price: Price/SF Cap Rate: Occupancy: LoopNet ID: Status:

$5,858,783 $285.39 7.50% 100% 16165188 Active

http://listing.loopnet.com/16165188

Property Description: Absolute NNN With No Landlord Responsibilities and located along the main retail corridor. Nearby properties include Lowe's, Home Depot, Petco, Borders, Toys R us and Best Buy. The store was Renovated in March 2005.

Page 4 of 8 Created: 4/30/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

1325 W. Airy Street - Norristown, PA 19401 Property Type:

Retail Free Standing Bldg 3,500 SF 1960

Price: Price/SF LoopNet ID: Status:

$1,350,000 $385.71 16162928 Active

http://listing.loopnet.com/16162928

$6,495,000 $92,785.71 8.07% 9.68 100% 16159819 Active

http://listing.loopnet.com/16159819

Building Size: Year Built: Property Description: Freestanding Commercial/Retail building with signage on oversized lot. Perfect for bank, fast food, auto part 25,000 cars/ day

Willow Hill Apartments - 409 N. Easton Rd, Willow Grove, PA 19090 Property Type: No. Units: Building Size:

Multifamily Garden/Low-Rise 70 62,150 SF

Price: Price/Unit: Cap Rate: GRM: Occupancy: LoopNet ID: Status:

Property Description: Well maintained, fully rented suburban apartment complex on main highway. 64 two bedrooms, 1 bath units PLUS 4,000 SF professional office building, coin-operated laundry.

1134 Easton Road - Abington, PA 19001 Property Type: Building Size:

Retail Free Standing Bldg 2,700 SF

Price: Price/SF LoopNet ID: Status:

$249,900 $92.56 16152823 Active

http://listing.loopnet.com/16152823

Property Description: An opportunity you cant pass up! Own your business, collect rent from 2 studio apartments already leased with $1150 monthly income. The 900 sf main building has recently been renovated with 9' ceileings, high -hats and fresh paint. A large picture window brings in sunlight for your business or office. Includes full basement.

Page 5 of 8 Created: 4/30/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

6 Neighboring Retail, Office and Apartments Bldgs - 309 York Road, Jenkintown, PA 19046 Property Type: Building Size:

Retail Street Retail 69,579 SF

Price: Price/SF Cap Rate: Occupancy: LoopNet ID: Status:

$5,000,000 $71.86 12.01% 63% 16152441 Active

http://listing.loopnet.com/16152441

Property Description: This investment opportunity is comprised of 6 separate buildings totaling 69,579 square feet and leased to 17 tenants. Current occupancy is 63% including a vacant former Buca di Beppo restaurant. All the buildings have been remodeled within the last 9 years as part of a revitalization of the downtown area. Included in this sale are retail, professional office and several apartment tenants. The borough of Jenkintown, a wealthy Philadelphia suburb, has constructed a Town Square project with a redesigned municipal parking lot and public gathering area immediately behind and adjacent to the subject properties. Municipal improvements include improved street landscaping, benches and cross-walks as well as a proposed 192 space parking garage across from the property on Greenwood Ave.

Amberley at Blue Bell - Unpriced Offering - 105 Amberley Drive, Blue Bell, PA 19422 Property Type:

Multifamily Garden/Low-Rise 119 135,728 SF 2007

Price: LoopNet ID: Status:

Not Disclosed 16150672 Active

http://listing.loopnet.com/16150672

No. Units: Building Size: Year Built: Property Description: Amberley at Blue Bell Apartments is a 119-unit luxury multifamily community located in Blue Bell, Montgomery County, Pennsylvania. One and two bedroom units are offered in an attractive, well-located setting. The property features two story buildings throughout with a low maintenance brick and vinyl exterior. Community amenities include a clubhouse with fitness center, a community room and full kitchen, plus a tennis court and carports with storage lockers. Unit amenities include a private entrance, nine-foot ceilings, coffered ceilings in the living room and master bedroom, a private patio or balcony, ceramic tile floors in each bath, a gas fireplace, fully equipped kitchens with GE appliances (Dishwasher, Disposal, built-in Microwave, Refrigerator with ice maker), 42" cabinets, full size side-by-side washer & dryer, and ceiling fans in each room.

Page 6 of 8 Created: 4/30/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

Cheltenham Auto - 1627 West Cheltenham, Elkins Park, PA 19027 Property Type: Building Size:

Retail Free Standing Bldg 1,952 SF

Price: Price/SF Cap Rate: Occupancy: LoopNet ID: Status:

$900,000 $461.07 6.00% 100% 16126551 Active

http://listing.loopnet.com/16126551

Price: Price/Unit: Cap Rate: LoopNet ID: Status:

$1,100,000 $45,833.33 7.48% 16121420 Active

http://listing.loopnet.com/16121420

Property Description: Auto Repair shop with 1 acre lot on Cheltenham ave

101 E. High Street - Pottstown, PA 19464 Property Type: No. Units: Building Size:

Multifamily Garden/Low-Rise 24 24,870 SF

Property Description: -Rare Opportunity to Acquire 24 Units in Montgomery County -23 Apartments & 1 Retail / Office Space -Retail Tenant Has Been At This Location For 30+ Years -Strong Current CAP Rate (7.48%) -Renovations in 2005 include New Roof, New Cabinetry, and New Carpeting -Little, if any, Deferred Maintenance -Opportunity to Further Raise Rents Through Increased Marketing / Hands-On Management -Low Price Per Unit For more information contact Josh Brown @ 215-531-7000 ext. 7025

342 South Street - Pottstown, PA 19464 Property Type:

Multifamily Duplex/Triplex/Fourplex 3 9,167 SF

Price: Price/Unit: LoopNet ID: Status:

$215,000 $71,666.67 16115724 Active

http://listing.loopnet.com/16115724

No. Units: Building Size: Property Description: Investment Property. The property features 2 buildings. 1st unit of this front 3 unit building has large 2BR, possibly 3 w/large open attic, LR, DR, EIK, laundry, full bath, basement. This unit also has new heater, all new carpte, vinyl and fresh paint. 2nd unit has 2BR, LR, EIK, full bath, basement. Rear building has new roof, 2008. 1-2BR apt, store front and 3 garages for extra cash flow. All rented. Both the 2nd floor apartment and store front have long term tenants in each unit. 100AMP electric service in each unit. Tenants pay their own heat & 4 units pay their own trash.

Page 7 of 8 Created: 4/30/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

102 E Montgomery Ave - Ardmore, PA 19003 Property Type: Building Size:

Retail Free Standing Bldg 10,000 SF

Price: Price/SF LoopNet ID: Status:

$5,250,000 $525.00 16094633 Active

http://listing.loopnet.com/16094633

Property Description: 10,000 SF building on 1.5+ acres available for sale or lease Shadow anchored by Suburban Square Shopping Center Possible mixed-use development opportunity

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