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Investment Highlights
- Exceptional visibility on busy signalized intersection
- Variety of permitted uses including potential for conversion to residential
- Building and grounds well-maintained
Executive Summary
This unique mixed-use investment opportunity includes a well-maintained commercial office building at 1000 Ridge Road and a separate residential duplex at 1018 Ridge Road, providing flexibility for owner occupants, investors, or those seeking future redevelopment potential.
The primary building at 1000 Ridge Road is a two-story, 7,297 square foot commercial office building situated on approximately 1.83 acres. Originally designed as a financial institution, the property features an attractive and functional layout with a spacious first-floor office area, private offices, service counter space, and a second floor configured with additional private offices, open work areas, and a kitchenette. An enclosed two-story breezeway serves as a common lobby, complete with an open staircase and shared restrooms. The first floor offers ADA accessibility, while the building’s flexible floor plan lends itself to a variety of office, medical, financial, and commercial uses.
Included in the offering is the adjacent 2,079 square foot residential duplex at 1018 Ridge Road. Whether utilized for residential income, owner occupancy, employee housing, or
future repositioning, the duplex enhances the overall value and versatility of this unique offering.
The property benefits from exceptional visibility at one of the area’s busiest commercial intersections, with more than 19,000 vehicles passing the site each day. Two existing access points, approximately 22 on-site parking spaces, mature landscaping, a courtyard, and prominent frontage provide both convenience and strong curb appeal for customers and employees alike.
Located within the Village Mixed Use (VM) Zoning District, the property offers a wide range of potential uses, subject to South Coventry Township regulations. Its strategic location makes it an outstanding opportunity for businesses, investors, and developers seeking a highly visible location with long-term potential.
The primary building at 1000 Ridge Road is a two-story, 7,297 square foot commercial office building situated on approximately 1.83 acres. Originally designed as a financial institution, the property features an attractive and functional layout with a spacious first-floor office area, private offices, service counter space, and a second floor configured with additional private offices, open work areas, and a kitchenette. An enclosed two-story breezeway serves as a common lobby, complete with an open staircase and shared restrooms. The first floor offers ADA accessibility, while the building’s flexible floor plan lends itself to a variety of office, medical, financial, and commercial uses.
Included in the offering is the adjacent 2,079 square foot residential duplex at 1018 Ridge Road. Whether utilized for residential income, owner occupancy, employee housing, or
future repositioning, the duplex enhances the overall value and versatility of this unique offering.
The property benefits from exceptional visibility at one of the area’s busiest commercial intersections, with more than 19,000 vehicles passing the site each day. Two existing access points, approximately 22 on-site parking spaces, mature landscaping, a courtyard, and prominent frontage provide both convenience and strong curb appeal for customers and employees alike.
Located within the Village Mixed Use (VM) Zoning District, the property offers a wide range of potential uses, subject to South Coventry Township regulations. Its strategic location makes it an outstanding opportunity for businesses, investors, and developers seeking a highly visible location with long-term potential.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
7,297 SF
Building Class
C
Year Built
1870
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.16
Lot Size
1.06 AC
Zoning
VM - Village Mixed Use
Parking
15 Spaces (2.06 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Banking
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $409,540 | |
| Land Assessment | $95,350 | Total Assessment | $504,890 |
Property Taxes
Parcel Numbers
Land Assessment
$95,350
Improvements Assessment
$409,540
Total Assessment
$504,890
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