Glen Mills, PA 19342,1345-1347 MIDDLETOWN RD
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Glen Mills, PA 19342,1345-1347 MIDDLETOWN RD
Glen Mills, PA 19342,1345-1347 MIDDLETOWN RD
Glen Mills, PA 19342,1345-1347 MIDDLETOWN RD
Glen Mills, PA 19342,1345-1347 MIDDLETOWN RD

$565,000

Est. payment /mo

$849,000

33.5%
Est.Price: ?

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1345-1347 MIDDLETOWN RD Glen Mills, PA 19342

3,935 SqFt

SOLD DATE : 03/15/2024

Key Details

Sold Price $565,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,935 sqft

Price per Sqft $143

MLS Listing ID PADE2047762

Sold Date 03/15/24

Originating Board BRIGHT

Year Built 1740

Annual Tax Amount $12,464

Tax Year 2023

Lot Size 2.400 Acres

Acres 2.4

Lot Dimensions 382.50 x 633.40

Property Description

Located in the true heart of downtown Gradyville lies an opportunity to write yourself into the rich history of two of Edgmont Township's most recognizable dwellings, the former “Gradyville Inn” (dating back to approximately 1740) and the Gradyville Post Office (currently cash flowing at $36,500 annually with a lease in place until 11/2026!). Situated on a sprawling corner property with high visibility, this parcel is in the C-1 Zoning District, but allows for both commercial AND residential uses. It goes without saying that Edgmont's residents prefer that the post office remain, and that is the wish of the owner, as well (sale subject to current lease). With a current lease of $3,041/month ($36,500 annually, through November, 2026), the new owner will have immediate income as they work with the township on their vision and plans for this parcel on a prominently located corner property in charming Gradyville. The post office (#1347) is a two-story dwelling (approximately 3,000sf total) with the 2nd story consisting of five offices (see agent for current permitted uses and the Township for possible permissible uses), a bathroom and utility room. There is private access to this level via an exterior stairwell on either side of the building.The following ideas for suggested use will all need to be outlined and proposed to the Township for approval: The former Gradyville Inn can be restored to its grandeur, or with Edgmont Twp approval, made into a twin home, as the footprint is large enough to accommodate for two side-by-side residences. The 2nd and 3rd floors have 4 bedroom each, with a second kitchen (plumbing is there) on the 2nd level. Deep window wells, incredibly intricate millwork and tiles from the 1740's. Thinking of adding a single-family dwelling to this property, or potentially two if allowable (2 acre minimum, so this would require the former Inn to be demolished)? Bring your vision to the Township and be the catalyst to improve this special parcel in historic Gradyville. Note: As per Edgmont Township, “The C-1 District is designed primarily for commercial development with a view toward serving the general convenience shopping or service needs of local neighborhoods and the residents of the Township; providing areas which are nearby and accessible to such neighborhoods and residents; establishing regulations to help ensure compatibility with adjacent residential uses; and promoting more of a village-type character with small buildings in scale with and/or similar to those in historic Gradyville.

Location

State PA

County Delaware

Area Edgmont Twp (10419)

Zoning C1 ZONING DISTRICT

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Heat Source Oil, Electric

Exterior

Garage Spaces 13.0

Water Access N

Accessibility None

Total Parking Spaces 13

Garage N

Building

Sewer Septic Exists

Water Well

New Construction N

Schools

Elementary Schools Glenwood

Middle Schools Springton Lake

High Schools Penncrest

School District Rose Tree Media

Others

Tax ID 19-00-00235-00

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Kristin Ciarmella • Keller Williams Realty Devon-Wayne
Bought with Salvatore Joseph Lo Piccolo • Santora Real Estate, LP
agent

The Black Oak Home Group Of EXP Realty

Broker Associate | License ID: 674000

+1(443) 939-9266

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