See Home Value
Montgomery Elkins Park
8116 OLD YORK ROAD
$812,595*
Commercial - Off Market

8116 OLD YORK ROAD

ELKINS PARK, PA 19027
bedrooms
Studio
bathrooms
0 Bath
$625,000 - $763,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Excellent opportunity to own a retail/office building in the heart of Elkins Park's busy business district. The 2700sf first floor is currently leased for $3,100. and the 2nd floor is the lease for $2,000 on the unit and other units owner-occupied. This building with possible over $7000 per month of cash flow assuming 3rd unit leased out. The 4000sf 2nd floor is currently occupied by Paragon Homer Care Inc. and owner-occupied Architect office with elevator and 2 separate stairs to the street level. All newly rehabbed each with multiple private offices, reception, and bathrooms. The is parking in the rear of the building, a driveway, parking at the office building behind, meter parking on the side of the building, and a public parking lot across the park. We have a lease agreement with the office building next door for 25 spaces on Friday and the weekend.  This is can be any retail, restaurant, multiple offices, daycare, etc. All units can be shown from 9-4 pm. Welcome to schedule your showing.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$21,902
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Apr 6, 2022 Sold $600,000
Sold
Jun 6, 2021 No longer available -
No longer available
Apr 29, 2021 Relisted $694,500
Relisted
Apr 28, 2021 No longer available -
No longer available
Mar 9, 2021 Relisted $694,500
Relisted
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210607
06/07/2021
Loft
-
-
$694,999
bedrooms
Loft
bathrooms
-
-
-
-
Paul Cheng
Keller Williams - Cherry Hill
20201204
12/04/2020
Loft
-
-
$694,500
bedrooms
Loft
bathrooms
-
-
-
-
-
20200603
06/03/2020
Loft
-
-
$699,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20190507
05/07/2019
Studio
-
-
$950,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

8116 Old York Road 8116 Old York Road, Elkins Park, PA 19027
More about this Building
8116 Old York Road
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About Elkins Park


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