827 Rices Mill RdWyncote, PA 19095

For Sale
Call for price

93,423 SF Multi-Tenant Property

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property, located at 827 Glenside Avenue & 0 Rices Mill Road in Wyncote, Pennsylvania (zip code 19095), offers a unique investment opportunity. The 93,423 square foot property sits on a 6.65-acre lot and comprises two parcels: a 4.27-acre parcel zoned MU2 (Mixed Use District, Cheltenham Township) and a 2.38-acre parcel zoned R2 (Residential District, Cheltenham Township). The main building, constructed in 1900 and fully renovated in 2015, currently houses 18 tenants in a multi-tenant configuration, generating a Net Operating Income (NOI) of $987,585. Amenities include 30 surface parking spaces, roof-mounted HVAC units, and a wet sprinkler system. Utilities are provided by PECO (electricity), public water, and public sewer. The property features a variety of office and warehouse space. Please note that the property is located within the 100-year and 200-year floodplain and the regulatory floodway, with Tacony Creek running beneath the site. Parcel IDs are 31-00-22831-00-7 and 31-00-22834-00-4. Annual property taxes total $102,507. This property presents a compelling opportunity for investors seeking a substantial mixed-use portfolio addition in Montgomery County.

Highlights

  • Wyncote, PA mixed-use property.
  • 93,423 square feet on 6.65 acres.
  • Built in 1900, fully renovated in 2015.
  • PECO electricity, public water, and sewer.
  • Roof-mounted HVAC and wet sprinkler system.
  • Located in 100-year and 200-year floodplain; Tacony Creek runs beneath.

Property Details for 827 Rices Mill Rd

Property type
Other warehouses, Other retail properties
Square Feet
93,423 SF
Year Built/Renovated
1900/2015
Lot Size (sq. ft)
289,674 SF

Location Insight

City
Wyncote
County
Montgomery
State
Pennsylvania
Latitude
40.0975354
Longitude
-75.1451207
827 Rices Mill Rd, Wyncote, Pennsylvania

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827 Rices Mill Rd
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