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Investment Highlights
- Flexible Zoning
- Existing Residential Income
- Value Add
Executive Summary
The Claudius Group at KW Commercial is pleased to present an excellent value-add mixed-use commercial and residential investment opportunity at 115 Upper Bermudian Road in Gardners, Pennsylvania.
Positioned within the Village (V) zoning district and immediately adjacent to properties with industrial and agricultural zoning, this approximately 6,000 SF two-story property offers a unique combination of commercial space, existing residential income, parking, and future repositioning potential.
The property occupies approximately 17,130 SF of land (0.39 acre) and provides parking for approximately 20 vehicles. The first floor was formerly utilized as a neighborhood convenience store and gas station and is currently vacant, providing a purchaser with the opportunity to renovate and reposition the commercial component for a new business, owner-user operation, or investment use, subject to applicable zoning and municipal approvals.
The second floor contains a 3+ bedroom residential apartment that has been occupied by the same tenant since 2012. The apartment is currently leased on a month-to-month basis at $825 per month, providing an existing annual gross residential income of $9,900.
Positioned within the Village (V) zoning district and immediately adjacent to properties with industrial and agricultural zoning, this approximately 6,000 SF two-story property offers a unique combination of commercial space, existing residential income, parking, and future repositioning potential.
The property occupies approximately 17,130 SF of land (0.39 acre) and provides parking for approximately 20 vehicles. The first floor was formerly utilized as a neighborhood convenience store and gas station and is currently vacant, providing a purchaser with the opportunity to renovate and reposition the commercial component for a new business, owner-user operation, or investment use, subject to applicable zoning and municipal approvals.
The second floor contains a 3+ bedroom residential apartment that has been occupied by the same tenant since 2012. The apartment is currently leased on a month-to-month basis at $825 per month, providing an existing annual gross residential income of $9,900.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,000 SF
Building Class
C
Year Built
1970
Price
$449,000
Price Per SF
$74.83
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.39 AC
Zoning
V - Village
Parking
8 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 40-G04-0068-000 | Improvements Assessment | $164,300 |
| Land Assessment | $21,400 | Total Assessment | $185,700 |
Property Taxes
Parcel Number
40-G04-0068-000
Land Assessment
$21,400
Improvements Assessment
$164,300
Total Assessment
$185,700
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Contact the Sale Advisor
115 Upper Bermudian Rd




