404 E Baltimore Pike
Lansdowne, PA 19050
Industrial Property For Sale

For sale is a +/- 12,598 total gross SF building on Baltimore Ave in Lansdowne (consisting of 400 & 404 E Baltimore Ave) The building features a large open area with two private offices on main floor, two private offices and multiple bathrooms on second floor accessed by stairs from first floor, additional separate private large office space on second floor with separate outside walk-up entrance, rolling loading door on main floor, separate bock building in rear with rolling loading door, and parking available in front of building. The main floor is heated by commercial oil heaters and partially air conditioned by industrial ceiling units. The offices are air conditioned by window units and heated by baseboard heaters. The property is Zoned Commercial and has a 10+ car parking lot along the front of the building. There are two income producing leases in areas that do not affect the use of the main building space (Separated 2nd floor office space and rear block building). The main building is +/- 11,178 SF (+/- 6,500 SF First Floor, +/- 954 SF Second Floor, +/- 3,724 Third Floor Storage Space). The Detached block building in the rear is +/- 1,420 SF. There are two tenants providing a combined rental income of $1,700.00/month (Rear block building is currently leased for $900/month and Separated area of second floor office space is currently leased for $800/month). Property taxes in 2019 were $24,951 for both parcels. Property is .27 acres with a zero lot line (building and parking cover almost all of the property). Building is approximately 90-100 years old and is constructed out of brick and concrete block masonry walls with steel beams, double pitched roof, and a concrete slab floor on main floor and wood floors on second and third floors. Ceiling height in main floor is approximately 16 feet high. Main floor is separated into two areas with a large opening connecting the two. The first area is approximately 82 ft X 53 ft of clear space and the second area is approximately 12 ft X 50 ft open area. There are also storage areas throughout the spaces. Electricity is provided by PECO and features three phase and single phase service. Two above ground oil tanks are present to feed the heaters.