300 EASTON RD Active Save Request In-Person Tour Request Virtual Tour
Horsham,PA 19044
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Hallowell
MLS Listing ID PAMC2116040
Year Built 1955
Annual Tax Amount $10,627
Tax Year 2023
Lot Size 0.599 Acres
Property Description
Located at the bustling intersection of Rte 611 (Easton Rd) and Horsham Rd, this property offers a fantastic investment opportunity. With a long-term NNN (triple net) lease in place, the convenience store and gas station generate steady cash flow, with annual rent increases. Additionally, the 20x39 garage space provides potential for extra income through leasing or as a base for your own business, allowing you to offset your mortgage with rental income. The property currently generates over $100,000 in annual income, with room for growth. Buyers should confirm their intended use with the township as the current zoning allows for multiple by-right uses.
Location
State PA
County Montgomery
Area Horsham Twp (10636)
Zoning GC-2
Interior
Hot Water Natural Gas
Heating None
Cooling Central A/C
Exterior
Garage Spaces 3.0
Waterfront N
Water Access N
Roof Type Flat,Rubber
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hatboro-Horsham
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard