Property summary
This exceptional 7,800 square foot commercial property, situated on a 0.26-acre lot at 433 Horsham Road in Horsham, Pennsylvania, presents a unique investment opportunity. The building boasts high visibility from Horsham Road and offers a diverse range of potential uses. Currently configured as a mixed-use property, it includes a light industrial manufacturing shop and commercial office space, both currently leased for a combined monthly rent of $4,620. These leases are in place until February 2026, providing immediate income potential. The tenants are a furniture repair business and an antique shop. Additionally, a recently renovated 1,500 square foot residential unit, featuring two bedrooms and one bathroom, is located on the second floor. This unit is currently leased month-to-month at $1,860 per month, below market value, offering further income potential. All three units benefit from separate utilities, heating, and central air conditioning systems. Ample parking is available on both sides of the building. This property is ideal for investors seeking a diversified income stream or those looking to establish their own business in a highly visible location. The property's versatile layout and existing tenant occupancy make it an attractive proposition in the thriving Horsham market. The asking price is $1,025,000.
Property profile
VerifiedCap rate & NOI
Current use
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Home Decor Store Furniture & Home Goods
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Marketing & Advertising Printing Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LC3 · Horsham, PAZoning
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Zoning designation
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