1313 EMBARCATION DR, WASHINGTON CROSSING, PA 18977 | PABU529420 | Berkshire Hathaway HomeServices Fox & Roach

1313 EMBARCATION DR $800,000



    • 6,212 sq. ft.
    • 0.38 Acres
    • Commercial
    • MLS# PABU529420
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    Views: 23 Days On Site: 55

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    Property Details

    Office location in historic Washington Crossing, PA. Currently 4 units. Currently three tenants as one is taking two spots. Main building was a chapel and then a conventional 2 story addition went on in the rear. Public Sewer is one very attractive feature. Well water. Non Conforming uses allowed include Offices but not restaurant. Lease info and expense info details only to interested parties who have seen the offices. Awards and More Lease runs until 12/14/2022. North Star Lease runs until 12/31/2020 w 3 options to extend for the Tenant. Miceport's Lease runs to 1/31/2022. Leases are in the Documents section. Showings must be approved by existing tenants. SF is estimate from Seller. Building sits at the corner of Lord Sterling and Embarcation. The 2015 Flood Mapping shows the property surrounded by a 500 year floodplain but sitting above that flood zone. Heating and cooling is all electric w all 5 Heat Pumps recently replaced: 2016(2), 2017(2),2020(1). Two office units enter through main door on Lord Sterling and two units have private entrances. There is an easement that allows the retaining wall, walk and shrubs on the Cemetery side of the Building to stay. Maintenance of walk and shrubs is by Owner of Embarcation Building. Owner represents that maintenance issues exist and Buyer is to satisfy themselves as to condition. Building will be Sold as is. Ceiling heights and office space condition vary from Unit to Unit. Units in old section have high ceilings and tall windows. All units are separately metered for electric. House electric pays for main entry hall, sign and exterior lamp posts. Building has some hardwood flooring and some carpet. Recent capital updates to building in addition to previously mentioned HVAC include: $4800 for new section of rear roof shingles (2019), $6430 carpet (2018), $2800 carpet (2019), $1100 gutter guards (2020) and $2150 new fire door (2018). Capital Improvement in 2020: $5200 Heat Pump. Income as of 6/1/2021 is $6100/mo or $73,200/year. Recurring Yearly Expenses in 2020: Pest control $770; Common Area Cleaning $551; Trash $2650; Electric $898; RE Taxes $14,900; Lawn and Snow $3350; Sewer service to Park $300; Inspection $115; Building Insurance $4684; 2021 $861 for plumbing. The use of this Building is limited to Office/Studio.

    • General Features
      • County BUCKS
      • HOA Y/N N
      • Municipality UPPER MAKEFIELD TWP
      • New Construction Y/N N
      • Sale Type Standard
      • Tax Annual Amount 14890.00
      • Tax Year 2021
      • Utilities Cable TV,Phone,Electric Available
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1944
      • Zoning COMMERCIAL
    • Building Features
      • Building Name EMBARCATION BUILDING
      • Building Total SqFt 6212.00
      • Building Units Total 0
      • Cooling Fuel Electric
      • Cooling Type Central A/C
      • Electric Service 200+ Amp Service
      • Flooring Type Carpet
      • Foundation Details Block
      • Garage Y/N N
      • Heating Fuel Electric
      • Roof Pitched, Shingle
      • Sewer Septic Public Sewer
      • Total Garage And Parking Spaces 18
    • Property Features
      • Lot Size Acres 0.38
      • Lot Size Dimensions 123.00 x 136.00
    • Schools
      • School District COUNCIL ROCK


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    Market Last 30 Days In This Postal Code

    $605,000 Median Sales Price
    7 Homes Sold
    3 New On Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $800,000
        6/3/2021 10:58:00 AM New in Database Source: Multiple Listing Service New Value: $800,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.