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Property Description
Prime Commercial Property with Residential Income in the Heart of North Wales, PA. Welcome to 107 S Main Street, North Wales, PA, a fantastic mixed-use investment opportunity located in the heart of charming, walkable downtown North Wales. This property offers approx. 2,250 sq ft of commercial space (previously a thrift store and pharmacy) on the first floor along with two leased residential units upstairs - a perfect income-generating asset for any buyer. Key Features: 1st Floor Commercial Space: Approx. 2,250 sq ft of versatile space. Features include a bathroom, kitchenette, and office/storage area in the back. Open layout with both front and back entrances for convenience. Ideal for retail, office, or specialty business use, boasting excellent visibility and access. Residential Units: Unit A: 3-bedroom, 2-bath leased unit. Unit B: 1-bedroom, 1-bath leased unit. Reliable rental income in place, providing immediate cash flow. Parking: Over 20 private parking spaces located in the back of the building, with additional street parking available. Location: Situated in the heart of North Wales Borough in Montgomery County, this property benefits from: High pedestrian traffic and visibility. Proximity to local businesses, restaurants, yoga studios, salons, and medical offices. Convenient access to public transportation, including a nearby train station and bus stops.
Full Property Details
Full Property Details for 107 S Main St
General
- Price: $899,000
- Taxes: $9,969 (2023)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PAMC2125560
- Updated: 12/17/2024
- Added to Site: 1 day(s) ago
Business
- Business Type: Flex, Shopping Center, Parking Lot
Interior
- Flooring: Carpet, Vinyl
Additional Information
- Security/Safety: 24 hour security, Fire Detection System, Monitored, Motion Detectors, Security System, Smoke Detector
Parking
- Total Spaces: 20
- Parking Features: Paved Parking, Handicap Parking
- Parking Type: On Street, Parking Lot
Location
- Area: North Wales Boro (10614)
- Municipality: NORTH WALES BORO
- County: Montgomery
- Development Name: None Available
- Subdivision: None Available
- Cross Streets: North Wales Rd
- Driving Directions: use GPS
- Location Details: Downtown
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Structural Information
- Construction: Brick, Stucco
- Foundation: Stone
- Roof: Flat, Pitched, Shingle, Rubber, Built-Up
- Entry Floor Number: 1
- Stories/Levels: 0
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Lot Size Source: Assessor
- Lot Dimensions: 50.00 x 0.00
- Zoning: COMMERCIAL
Financial Considerations
- Assessment Year: 2024
- School Tax: $7,221
- City/TownTax: $1,632
- City/TownTax Freq: Annually
- County Tax: $1,116
- County Tax Freq: Annually
- Tax w/Assessment: $233,190
- Tax Amount: $9,969
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 25
Listed by Noble Realty Group, Taras Smerechanskyy
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Schools
Schools serving 107 S Main St
School District:North Penn School District
Rating | Name | Grades | Distance |
---|---|---|---|
201 Summit St, North Wales, PA 19454 | K-6 | 0.3 mi | |
1201 N Walnut St, North Wales, PA 19454 | 7-9 | 0.8 mi | |
1340 S Valley Forge Rd, Lansdale, PA 19446 | 9-12 | 2.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 S Main St
Date
Details
Price
Change
Source
12/17/2024
Listed
$899,000
164.41%
MLS
10/29/2015
Sold
$340,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 107 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,518
4%
$233,190
—
2022
$9,117
5%
$233,190
—
2021
$8,710
4%
$233,190
—
2020
$8,347
2%
$233,190
—
2020
$8,149
2%
$233,190
—
2019
$8,012
2%
$233,190
—
2018
$7,817
1%
$233,190
—
2017
$7,706
6%
$233,190
—
2016
$7,248
2%
$233,190
—
2015
$7,074
3%
$233,190
—
2014
$6,874
—
$233,190
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 107 S Main St
107 S Main Street, North Wales, PA 19454 (MLS# PAMC2125560) is a Retail property. 107 S Main Street is currently listed for $899,000 and was received on December 17, 2024. Want to learn more about 107 S Main Street? Do you have questions about finding other Retail real estate for sale in North Wales? You can browse all North Wales real estate or contact a Coldwell Banker agent to request more information.