821 Bethlehem Pike, Lower Gwynedd, PA 19002
24,214 SF | 94% Leased | Retail Building | Lower Gwynedd, PA 19002 | $4,750,000 ($196/SF) | 5.59% Cap Rate
For Sale
Active
Asking Price $4,750,000
- Property Type
-
Retail
- Square Feet
- 24,214 SF
- Price / Square Foot
- $196
Listing Contacts
- Property Info
Property Overview
Mosaic Brokerage Group Commercial is pleased to present this opportunity to purchase the Spring House Shopping Center located at 821 N. Bethlehem Pike in Lower Gwynedd Township. Spring House Shopping Center offers 21,000+ SF of gross rentable area spread across three buildings. At the time of this marketing, the shopping center is 100% occupied by 11 different tenants. The shopping center sits on a 1.77 Acre site and features 153' of frontage along the heavily trafficked N. Bethlehem Pike. This stretch of Bethlehem Pike lies within the Business D and the Lower Pike Overlay Districts. Those zoning designations simultaneously support the current use of the shopping center while also encouraging future development.
Property Details
- Class
- C
- Year Built/Renovated
- 1920/1989
- Stories
- 2
- Property Subtype
- Storefront Retail/Office
- Lot Size (sq. ft)
- 77,101 SF
Highlights
- Located on a major thoroughfare.
- This property enjoys high visibility and easy access, enhancing its appeal for businesses looking to attract foot traffic and clients
- The site is conveniently positioned with proximity to major roads, including Route 309 and the Pennsylvania Turnpike.
- Ample parking is available for employees and clients.
- The location offers easy access to public transportation and major roadways, enhancing convenience for all users.
- The building is situated near shopping centers, restaurants, and other local amenities.
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