753 WEST MAIN W Trappe, PA 19426

A unique opportunity in Trappe Borough to purchase a Commercial Complex (2 Properties Each Separate Tax IDs) consisting of a Strip Mall, a Tri-Plex Building. This Complex generates Total Rental Income of over $158,000 Annually and with Full Occupancy Annual Rental Income is Estimated at over $182,000. Built in 1974, this well maintained Brick Faced Strip Mall, has 5 Rental Units with Central Air, Public & Well Water & Public Sewer and provides approximately 1,800 Sq. ft. per Unit. A paved Parking Lot provides more than ample parking spaces for the Tenants customers. The Trappe Complex also includes a Two-Story Tri-Plex Building housing 3 Apartments. The Complex Package is located on a high traffic State Road near the busy Town of Collegeville PA, home of Ursinus College. There, many new Luxury Home Developments are underway, which are bringing many new customers to the area. A mixed variety of Tenants currently lease the Strip Mall; including Collegeville Eye Physicians & Surgeons; OK SPA; Karma Salon Studio; Say Cheese and Lift Personal Training. The Complex has been legally established as a Condominium (Trappe Ridge Condominium Association). Although selling the Complex as a Package is the first priority, consideration may be given to the potential of selling the Two Entities separately, depending on the conditions of any proposal.