Listed By:
Coldwell Banker Realty
Address
103 N Main Street, Ambler, PA
Price
$ 799,000
Property Attributes
  • MLS#PAMC2083166
  • TypeCommercial
  • CountyMONTGOMERY
  • CityAmbler
  • AreaAmbler Boro
  • NeighborhoodAmbler
  • Zip19002
  • StyleApartment Building,Hair Salon and Spa,Flex,/Genera
  • Year Built1920
  • Taxes$ 4875
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4800
  • Lot Size0.1 Acres
Data Source:
Bright MLS
Property Description

Don't miss this opportunity, with a Cap rate over 10% which is a rare occurrence in a Red Hot Downtown Walking district like Ambler. Ambler Borough Mixed Use Property, just a stones throw from Bus and Rail service, and all of Amblers Wonderful Pubs and Restaurants. This unique property features a total of 5 Units, all with Separate Addresses and Separate Utilities. Includes Two 4/5 Bedroom Apartments, two Storefronts, and a Commercial Garage with Office and Bathroom. Located in Highly sought after Wissahickon School District which is a huge enticement for tenants. 4800 Square Feet Total all with separate Utilities. Building Currently provides over 10% Cap Rate and is Truly hard to match in the Hot Ambler Market. Also, Cap Rate also has the ability to increase significantly since some Rents are below current market values! Original Brick Structure was built in 1889 and still has the Original Carriage Stone to step out of Horse Drawn Carriages located on the corner.

Price History
9/8/2023 Listed $869,000
3/21/2024 5% - $829,000
5/23/2024 4% - $799,000

General Features

Sewer Public Sewer
Heating Baseboard - Hot Water,Radiator,Baseboard - Electric
Cooling Window Unit(s),Attic Fan,Ceiling Fan(s)
Possession Negotiable
Roof Built-Up,Asphalt
Zoning 4100
Construction Materials Brick,Block,Stucco
Exclusions Washer/Dryer in 103-B only owned by tenants.
Year Built 1920
Electric 200+ Amp Service
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 82800.00
Business Type Apartment Building,Hair Salon and Spa,Flex,Other/General Retail,Storage,Restaurant/Bar,Professional
Accessibility None
County MONTGOMERY
Insurance Expense 2607.00
New Construction No
Property Type Commercial Sale
Subdivision Name AMBLER
Possible Use Automotive,Barber/Beauty,Clothing,Commercial,Office,Professional Service,Retail
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions Butler Avenue to N Main Street to corner of Forest Ave. and Main St.
ModificationTimestamp 2024-05-22T23:49:50
City AMBLER
Buyer Agent Compensation 3
NumberOfUnitsTotal 5
MLS Area Ambler Boro (10601)
Lot Size Units Square Feet
Lot Size Square Feet 4250.00
Tax Assessed Value 135840.0
Waterfront Y/N No
Tax Annual Amount 4875.0
Price Per Sq Ft Total AG 166.46
Acceptable Financing Cash,Conventional
Historic Y/N No
Vacation Rental Y/N No
Days on Market 288
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 5
Cap Rate 10.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas,Electric
Flooring Bamboo,Carpet,Ceramic Tile,Hardwood,Luxury Vinyl Plank
Hot Water Natural Gas,Electric
Total Stories 3
Heating Y/N Yes
Central Air Y/N No
Entry Level 1

Exterior Features

Lot Features Corner
Water Source Public
Total Parking Spaces 1
Type of Parking Driveway,On Street
Land Use Code 4100
Foundation Details Stone,Slab
Water View Y/N No
Building Area Total 4800.00
Lot Size Acres 0.10
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19002

Price
AVG $700K
$800K
Taxes
AVG $10,281
$4,875
Visits
AVG 656
525
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1920
Walkscore
AVG 57
91
Data Provided by Walkscore® not using MLS data

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