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31 Main Street Glen Rock, PA $ 800,000
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$ 800,000 Get more info
31 Main Street
$ 800,000
Back to search
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31 Main Street

Glen Rock, PA, 17327
$ 800,000
Baths0.0 Sq 9,589

Monthly Estimate*

$ 5,317

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Studio

Commercial Property for sale in Glen Rock, PA

for $800,000. This 9,589 square foot building was built in 1900 on a lot size of 0.56.

Welcome to this 7 Unit cash cow investment property in the heart of Glen Rock Borough. Situated on the Heritage Rail Trail, this property really shines inside and out. The property consists of 6 residential units and one 4,000 sq ft commercial storage space with huge exposure display windows. All of the units are rented except the commercial space which the owner uses currently. The commercial space can currently be used only for storage but can be converted to suit your needs. Please contact Glen Rock Borough for more information. There is no basement and the property is built slab on grade. Lots of parking available for tenants across from the building in the public parking lot. No washer/dryer hookups in the units, so owner could generate more revenue by adding laundry and tenant storage in the first-floor commercial space. This exceptionally well-kept turnkey property is 100% professionally managed from day 1 and runs a cap rate of 6.1% with annual rental income of $75,420 which includes utilities reimbursements and pet fees. A great portfolio add for investors of all levels. If you are looking for a 1031 exchange, you can end your search with this property. PLEASE DO NOT MISS reviewing the additional documents regarding income/expenses/rents/unit details/Improvements/utilities/meters etc. All photos are from before the tenants moved in. There is no sign at the property. Please do not disturb tenants or make unsolicited inquires with them. Seller is consolidating businesses and hence selling.

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Commercial Active

Price

$ 800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,945

Style

Apartment Building,Storage

Lot Size

0.56

Year Built

1900

Town/City

Glen Rock

County/Region

York

MLS | Web ID

PAYK2058066
Features
Interior
Heating Fuel Electric Natural Gas
Hot Water Multi-tank Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump - Electric BackUp Hot Water
Cooling Heat Pump(s)
Possession Settlement
Roof Rubber Metal Shingle
Zoning VILLAGE CENTER
Construction Materials Block
Year Built 1900
Property SubType Five Or More Units
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality GLEN ROCK BORO
Business Type Apartment Building Storage
Accessibility None
County YORK
Net Operating Income 48837.00
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Apartments Commercial Investment Mixed Use Multi-Family Office Retail
Water Access Y/N N
Status ACTIVE
Directions Use GPS. Building is across the street from the municipal lot that as next to the Glen Rock Library.
City GLEN ROCK
Buyer Agent Compensation 2
Disclosures Flood Insurance Required Flood Zone
Zoning Description See attached document
NumberOfUnitsTotal 7
MLS Area Glen Rock Boro (15264)
Lot Size Units Square Feet
Lot Size Square Feet 24394.00
Waterfront Y/N N
Street Name MAIN
Tax Annual Amount 5945.0
Property Condition Very Good Good
Price Per Sq Ft Total 83.43
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 60
Standard Status Active
Year Built Source Assessor
Tax Lot 0036
Cap Rate 6.10
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Public
Lot Features Backs to Trees Sloping
Water Source Public
Type of Parking Off Site Parking Lot
Water View Y/N N
Building Area Total 9589.00
Lot Size Acres 0.56
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 31
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* Excluded Features
List By
Foundation First Property Group

Broker

jeff@foundationfirstpg.com

Email

Affordability Calculator

$5,812
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,317
Monthly Property Taxes
$495
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/1/2024$800,000 Listed Price

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31 Main Street, Glen Rock, PA, 17327 is a Commercial Property for sale at $800,000 with 9,589 sqft and a lot size of 0.56. 31 Main Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 17327 which is in Glen Rock, PA

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