196 Rdg Pike, Limerick, PA 19468-1754
- Investment properties
- 89,344 SF
- 7.31 lot acres
Current Use by Public Records
- Tang's Garden / Restaurant
- Dragon Law TKD / Sports School
- Escape Limerick / Arcade & Gaming Center
- Dr. MyAn Nguyen at Everlasting Eye Care, P.C. / Physician
- Fajitas Mexican Kitchen / Restaurant
Property Details for 196 Rdg Pike
- Year built
- 2000
- Lot size
- 7.31 lot acres
- Zone code
- MS
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 37-00-03898-00-7
- APU
- 370003898007
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 1, 2024 | — | Sustain Lrs Owner LLC | Friends And Family Ventures LP | Special Warranty Deed | $6M · Penn Community Bank |
| Jan 13, 2006 | $4,750,000 | Friends & Family Ventures | Limerick-ridge Ventures | Grant Deed | $3.6M · Nova Savings Bank |
| Nov 3, 2005 | $2,500,000 | Limerick-ridge Ventures | Royal Bank America | Grant Deed | $2.4M · Nova Savings Bank |
| Aug 12, 2004 | $1,600,000 | Bk Pa Royal | Morris,david S | Grant Deed · related | — |
| Aug 19, 1999 | — | David S Morris | — | Grant Deed · related | $1.6M · Crusader Bank Fsb |
| — | — | Friends & Family Ventures LP | — | Deed Of Trust · related | $5M · Malvern Fsb |
| — | — | David S Morris | — | Deed Of Trust · related | $150k · Greenpoint Mortgage Corp |
| — | — | David S Morris | — | Deed Of Trust · related | $300k · Chase Manhattan Mortgage Corp |
| — | — | Elaine S Morris | — | Deed Of Trust · related | $450k · Simon Morris |
Description
Limerick Ridge Square, a prime commercial center in Montgomery County, offers exceptional retail and medical office space. This two-story building, totaling 31,451 square feet, sits on a 7.31-acre lot and boasts a convenient location at a signalized intersection, ensuring easy ingress and egress. Currently, 15,621 square feet of space is available, divisible into units as small as 1,292 square feet, with a maximum contiguous space of 4,572 square feet. Nine individual spaces are currently available, ranging in size from 1,292 to 8,200 square feet. The property features ample parking, providing over 350 spaces (approximately 4 spaces per 1,000 square feet). Built in 2000, the property is zoned (MS) Main Street District and offers a diverse range of possibilities for tenants, including retail, restaurant, medical office, and professional office uses. The property is under new management with significant capital improvements planned, enhancing its already attractive features. A potential exists for a small-format drive-thru pad site, adding further development opportunities. The property's APN is 37-03898007. This is an excellent opportunity to establish a presence in a thriving commercial area with strong visibility and accessibility.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,258,000
- AI Estimate
- $4,439,000
Market price range: $5.79M - $14.6MMarket price range: $4.17M - $10.7M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Limerick
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.5138
- Latitude
- 40.2247
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
