5+/- Acre Highway Commercial Income Producing Property -3 Sty. Structure w/Attached Garage, 2 Car Garage & Storage Building AND Antiques, Shop Items, Furniture, and Personal Property
September 16, 2017
Sold Price: 150,000
293 E. Main Street, Adamstown, PA 19501
Fri, Sept, 15 & Sat, Sept, 16, 2017 at 9 AM w/Real Estate at 12 PM on Saturday. 3 Story Structure w/Attached Garage: Building faces E. Main Street and contains approximately 3,636 sq. ft (not including basement, or attached garage). Main level side 1: Former general store w/ 15 x 39 retail room; half bath & storage room. Main level side 2: Apartment w/ 14 x 20 living room w/hardwood floor; 14 x 15 kitchen w/vinyl; 14 x 15 bedroom w/carpet; 14 x 6 full bath. Second Floor: 28 x 54 Open storage area. Third Floor: 26 x 36 Open storage area. Basement: Full basement w/numerous rooms; partial daylight w/ outside exit. Attached Garage: 15 x 39 cement block w/concrete floor, 11+’ ceilings, old lift, and full basement w/outside exit. Building has oil hot water heat; spring fed water and septic. The property also contains a Detached 27 x 29 Cement block 2 Car Garage and a 16 x 76 Block Storage Building: Former motel containing 5 rooms and numerous bathrooms. This building has oil hot water heat; spring fed water & septic. This 5 +/- acre property has income producing potential with approximately 500’ of road frontage on 272 zoned Highway Commercial. Currently generating $10,745 annual income with potential for much more. The current income is produced from billboards, residential unit, and storage. Plan to inspect this property for your potential uses. Property has excellent business or investment opportunities!!
Taxes: $6,863 Zoned: Highway Commercial and Main Street Residential.
Open House: Saturday, August 26, September 2 & 9 (1-3 pm) or anytime by appt. call 610-286-5183.
Terms: 10% down day of sale; settlement within 45 days of sale.
Terms By: Lawrence M. and Judith Glass.
