WaterTower Building

6198 Butler Pike Blue Bell, PA 19422

6198 Butler Pike, Blue Bell, PA, 19422
6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422 6198 Butler Pike, Blue Bell, PA, 19422
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$2,450,000
Last Verified:
Jun 25, 2024

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Highlights

  • - 25,956 SF office building
  • - New roof and HVAC system in 2022
  • - Prime location in Blue Bell, located off the intersection of Rt 73 and Butler Pike
  • - Close to Route 476, 202, 76 and PA Turnpike
  • - An average household income of over $173,000 and population of over 43,000 within 3 miles
  • - Zoned VC-4 for versatile use, Ideal for diverse business ventures
  • - Timeless architecture with modern functionality
  • - Built in 1968 with enduring appeal, renovated in 2004
  • - Meticulously maintained and updated
  • - Ample parking

Description

Presenting an exceptional Professional commercial building opportunity in the highly sought-after Blue Bell area. This meticulously renovated 25,956 SF office building is currently tenant occupied with leases ending in 2025 with one tenant that occupies the 2nd floor and several smaller tenants that occupy the 1st floor. The new purchaser can continue to operate it as an investment property or purchase it for your own business. Zoned VC-4, the property offers versatility to accommodate a wide range of permitted uses, making it an attractive and flexible investment.

Strategically nestled in the esteemed community of Blue Bell, the location of the property offers a captivating mix of modern conveniences and scenic allure. Within close proximity, tenants will discover Blue Bell's thriving business district, showcasing a diverse selection of dining, retail, and entertainment options. The area also boasts access to esteemed corporate centers, such as the adjacent Montgomery Pointe and Union Meeting Corporate Center, fostering a prestigious business environment. With seamless access to major thoroughfares and its nearness to Philadelphia, this location presents an exceptional opportunity for office building investors seeking a dynamic and well-connected business hub.


Year Built: 1968
Building Size: 25956sq ft
Building Class: B
Lot Size: 1.83 acres

Map of 6198 Butler Pike, Blue Bell, PA, 19422

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.