Property

Abington, PA 19001 1021 Old York Road

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Presented By: EXP Realty, LLC
  • MLS# PAMC2128100
  • 03/14/2025
  • Request Tour
  • Request Info
  • SQFT • 14,000

Home Details

Impressive Income Producing Professional Office Building, Rented with 5 Year Leases For Those Rented!! Fabulous Class A Office Space Available, Modern 4 Story Office, Nothing Like It in This Area!! Currently There are 3 Fully Rent Offices and all Leases Have Rent Increases; The Building Was Built In 2008, Most Tenants Designed Their Own Space, Most with Higher End Finishes; Tons of Assigned Parking Spaces Per Floor, Including Private Carport Parking For Tenant Owner and Plenty of Parking Outside the Private Parking Lot; The Basement Has Tons of Storage Space and Houses the Buildings Mechanicals, and Has a Back Door for Tenants to Utilize for Ease of Entry; There are Medical Offices, Real Estate Office and Business Office;Tenants & Clients Will Be Impressed When Visiting This Building! Easy Access for Visitors & Clients and Handicapped Accessible, Secure Building With Security Cameras, Visitors Must Use Phone Box In Foyer to Access Your Floor Via Elevator After Hours; All Offices Have Windows with Some That Open; Trash Dumpster Outside Easily Accessible from Basement; Storage Room Comes with Office Space in Basement; Easy Access Up Steps if Do Not Want to Take Elevator; In Heart of Abington Commercial District; Close to Shopping, Restaurants, Whole Foods, Starbucks, Train Station, Bus Stop Outside the Front Door; Don't Miss Out On This Opportunity to Own a Multi-Million Dollar Office Building; This is One of the Most Impressive Offices in the Suburban Area; Enjoy Owning This Beautiful Office Building Without Fighting the City Traffic and the Costs of Owning Property in the City; Download Floor Plan PDF, Income and Expense Worksheet in Bright Docs When Fully Rented;
Presented By: EXP Realty, LLC

Interior Features for 1021 Old York Road

Bathrooms

Total Restrooms9

Other Interior Features

Clear Span Ceiling Height10' to 12'
Central Air Y/NYes
FlooringCarpet, Ceramic Tile, Concrete, Hardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Number of Elevators1
Total Stories5

Other Rooms

Entry Level1

General for 1021 Old York Road

Acceptable FinancingCash, Conventional, Installment Sale, Negotiable, Seller Financing
Accessibility2+ Access Exits, 36 + wide Halls, Elevator, Grab Bars Mod, Level Entry - Main, Low Pile Carpeting, Ramp - Main Level, Wheelchair Height Mailbox
Association Fee0.00
Association Recreation FeeN
Business TypeInstitutional, Medical, Professional
Cap Rate0.07
CityABINGTON
Construction MaterialsCopper Plumbing, Dryvit, Glass, Masonry, Spray Foam Insulation
Cool FuelElectric
CoolingCentral A/C
CountyMONTGOMERY
DirectionsSusquehanna rd, travel east, make right onto York Road, building is on the left at the next light
DisclosuresAgent has Financial Interest, Owner RE Licensee, Prop Disclosure, Use and Occupancy Permit
ElectricCircuit Breakers, 200+ Amp Service, 3 Phases
Electric Expense11500.00
Gross Income336000.00
HeatingForced Air
Historic Y/NNo
Insurance Expense5061.00
Lease Considered Y/NNo
Location TypeSuburban
Lot Size Square Feet31200.00
Lot Size UnitsSquare Feet
MLS AreaAbington Twp (10630)
MaintenanceExpense3600.00
ModificationTimestamp2025-03-14T15:22:25
MunicipalityABINGTON TWP
Net Operating Income250388.00
New ConstructionNo
Number Of Units Total0
Operating Expense85820.00
OwnerPaysNone
OwnershipFee Simple
PossessionNegotiable
Possible UseCommercial, Financial, Institutional, Office, Professional Service, Medical/Dental, Mixed Use
Price Per Sq Ft Total AG213.93
Property ConditionExcellent
Property SubtypeOffice
Property TypeCommercial Sale
RoofFlat
Security FeaturesExterior Cameras, Security System, Smoke Detector, Sprinkler System - Indoor, Surveillance Sys
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount38866.0
Tax Assessed Value813450.0
Tax Year2024
TransportationBus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Trash Expense13200.00
UtilitiesCable TV Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Vacation Rental Y/NNo
ViewStreet, Trees/Woods
Water Access Y/NNo
Waterfront Y/NNo
Year Built2007
Year Built SourceAssessor
ZoningCOM

Exterior for 1021 Old York Road

Building Area Total14000.00
Car Parking Spaces52
Door FeaturesDouble Entry
Fencing Y/NN
Foundation DetailsConcrete Perimeter, Permanent, Slab
Inclusionssome furniture
Lot Dimensions167.00 x 0.00
Lot FeaturesBacks to Trees, Front Yard, Level, Not In Development, Rear Yard, Road Frontage, SideYard(s)
Lot Size Acres0.72
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Other EquipmentNegotiable
Parking FeaturesLighted Parking, Private, Security/Monitored, Unassigned
Road Frontage Length400
Road ResponsibilityState
Road Surface TypeAccess - On Grade, Black Top
Total Loading Docks0
Total Parking Spaces52
Traffic CountGreater than 30000
Type of ParkingOff Site, On Street, Parking Lot, Private Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $2,995,000
MLS#PAMC2128100
List Date 03/14/2025
Property Type Commercial
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