MLS® ID: PAMC627714
400 MAIN STREET
RED HILL, Pennsylvania, 18076 $825,000
AN APARTMENT DEVELOPMENT OPPORTUNITY....This 11,550 +/- SF former office space has received zoning approval for conversion to 13 apartments. The building at 400 Main Street in Red Hill will be divided into two condominiums, The one unit will consist of the current branch bank and is NOT included in this sale. The other condo will include all other space on the first, second and third floor (with the exception of the entrance lobby and 1st floor restrooms), The preliminary apartment mix includes four one bedroom/ one bath units; eight two bedroom/ one bath units; and one two bedroom/ den and two bath unit. The parcel of land that will be owned by these two condo units will be parcel #170000301006 (being block 11 - Lots 11,12 and 13). Lot size is approximately 160 x 250. This is a perfect opportunity for a creative builder/ developer to complete a great residential rental project in the heart of the Upper Perkiomen Valley. Potential monthly rental income of $13,920. Preliminary apartment plans and drawings available.