121 Friends Ln #600, NEWTOWN, PA

About 121 Friends Ln #600

5,000 sq Flex space Industrial zoning. 3400 Sq Ft Warehouse 1600 Sq ft Office space. 4 private offices. waiting area. 1 Full bath and 1 half bathroom. Multiple units in the building. Lots of parking and overflow if needed. Front and back entrance. 1 Loading dock door size 10' 8" high X 11 " 8 "Wide Ceiling height to bottom of truss 12 Ft .Floor to Bottom of duct work is 10 Ft 6 " Owner responsible for Roof which was repaired a few years ago.. no designated parking enough parking for 25 cars if needed. Great condition currently being used for work out gym. Seller might stay and rent back for 2-4 months if buyer is interested. Association monthly fee is $670.00 with a capital contribution fee of $1,340.00. Common area landscaping & snow removal, fire sprinkler system and site lighting are included in association fee. Building insurance is not included. I carry coverage to cover the roof and interior. Water expenses $300.00 per year Electric $3600.00 per year sewer $147.00 qtr Insurance $1400.00 approx year capital contribution one time fee. 2 months paid at closing $1400.00 Improvements HVAC 2015 Electric 2015 $1200.00 Alarm system 2016 $1200.00 Hot water heater 2016 $1600.00 New electric meter 2018 $1200.00 Roof repairs 2015 $19,000.00 Stucco repairs 2021 $2,000.00 Interior sprinkler 2016 $3800.00 New sink $800.00 Fit out new walls 2015 $85,000.00 Solar panels are allowed to be installed on the roof. Other people have them there. Settlement date is negotiable Trash service is not included. Some owners pay for dumpsters, but that’s on the owners.

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