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427 N Chestnut St 2,900 SF 100% Leased Retail Building Lansdale, PA 19446 $850,183 CAD ($293.17 CAD/SF)



Executive Summary
Here is the opportunity to be in business for yourself in a long-standing, established delicatessen . Located at the corner of Chestnut and Fifth Streets, Lansdale Borough, Montgomery County, PA. The property consists of a four bedroom single home, live in or rent the home out. Presently rented for $1,500.00 per month. Also a two car detached garage. The Deli is 1150 square feet and comes fully equipped to operate the business. The sale includes stock, all equipment and Good Will. The property is zoned retail, office, apartment - Multi-use. With Lansdale Borough approval the house can be converted into 2 apartments and the deli can be converted into another 2 bedroom apartment.
Financial information is available. Income and expenses, however, a short 'Confidentiality Agreement' is required prior to release of data. PLEASE DO NOT GO TO THE DELI DURING REGULAR BUSINESS HOURS. The Deli is in full operation during the sale of the property. The property can be sold as an entirety or sell the business and real estate separately, but, being sold as a package. Listing agent must accompany all showing appointments. Showings will be conducted on Sunday or after regular business hours.
Financial information is available. Income and expenses, however, a short 'Confidentiality Agreement' is required prior to release of data. PLEASE DO NOT GO TO THE DELI DURING REGULAR BUSINESS HOURS. The Deli is in full operation during the sale of the property. The property can be sold as an entirety or sell the business and real estate separately, but, being sold as a package. Listing agent must accompany all showing appointments. Showings will be conducted on Sunday or after regular business hours.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,900 SF
Year Built
1925
Price
$850,183 CAD
Price Per SF
$293.17 CAD
Percent Leased
100%
Building Height
2 Stories
Zoning
4100 MIXED USE
Moderately walkable
60/100
Fairly drivable
50/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-00-01844-008 | Improvements Assessment | $110,324 CAD |
| Land Assessment | $60,597 CAD | Total Assessment | $170,921 CAD |
Property Taxes
Parcel Number
11-00-01844-008
Land Assessment
$60,597 CAD
Improvements Assessment
$110,324 CAD
Total Assessment
$170,921 CAD
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427 N Chestnut St
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