About 103 N Main St
Don't miss this opportunity, with a Cap rate of 10% which is a rare occurrence in a Red Hot Downtown Walking district like Ambler. Ambler Borough Mixed Use Property, just a stones throw from Bus and Rail service, and all of Amblers Wonderful Pubs and Restaurants. This unique property features a total of 5 Units, all with Separate Addresses and Separate Utilities. Includes Two 4/5 Bedroom Apartments, two Storefronts, and a Commercial Garage with Office and Bathroom. Located in Highly sought after Wissahickon School District which is a huge enticement for tenants. 4800 Square Feet Total all with separate Utilities. Building Currently provides a Great 10% Cap Rate and is Truly hard to match in the Hot Ambler Market. Also, Cap Rate also has the ability to increase significantly since some Rents are below current market values! Original Brick Structure was built in 1889 and still has the Original Carriage Stone to step out of Horse Drawn Carriages located on the corner.
Features of 103 N Main St
| MLS® # | PAMC2083166 |
|---|---|
| Price | $829,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,800 |
| Acres | 0.10 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 103 N Main St |
|---|---|
| Area | Ambler Boro (10601) |
| Subdivision | AMBLER |
| City | AMBLER |
| County | MONTGOMERY-PA |
| State | PA |
| Zip Code | 19002 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Hot Water, Radiator, Baseboard - Electric |
|---|---|
| Cooling | Window Unit(s), Attic Fan, Ceiling Fan(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Brick and Siding, Block, Stucco |
|---|---|
| Lot Description | Corner Lot |
| Roof | Built-Up, Asphalt |
| Foundation | Stone, Slab |
School Information
| District | WISSAHICKON |
|---|---|
| Middle | WISSAHICKON |
| High | WISSAHICKON |
Additional Information
| Date Listed | September 7th, 2023 |
|---|---|
| Days on Market | 235 |
| Zoning | 4100 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Listing Agent | Cheryl Korkus |
|---|---|
| Listing Office | Coldwell Banker Realty |
| Listing Office Phone | 2156412727 |