Bought with Tina Lam • Compass Pennsylvania, LLC
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Key Details
Sold Price $725,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC2154006
Year Built 1946
Annual Tax Amount $7,249
Tax Year 2025
Lot Size 0.448 Acres
Property Sub-Type Other
Property Description
Strategically located in the Residential-B District, this property offers strong potential for multi-unit redevelopment and long-term income growth.
This 3890 square foot building situated on 0.45 acres in Telford Borough, Montgomery County. Currently operating as a restaurant on a non-conforming lot within the Residential-B District, this property presents an excellent opportunity for conversion to multi-unit residential use.
Included with the offering are a proposed floor plan, renovation estimate, and pro forma chart outlining potential apartment configurations. The building currently contains one existing apartment and offers ample parking capacity to support up to four additional units (subject to municipal approval).
This property combines a strong location with adaptable zoning potential—ideal for investors or developers seeking a value-add opportunity in a desirable residential area. All prospective buyers are advised to review intended uses with Telford Borough for compliance and approvals.
Location
Province PA
County Montgomery
Area Telford Boro (10622)
Zoning RESIDENTIAL "B"
Interior
Hot Water Natural Gas
Heating None
Cooling Central A/C
Flooring Carpet, Ceramic Tile
Exterior
Garage Spaces 20.0
Water Access N
Building
Lot Description Corner
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Souderton Area
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Kory Prince
Owner/Director of Operations | -V61339
Owner/Director of Operations -V61339