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Sold for $565,000
  • $565,000

    1345 Middletown Rd #1347, Glen Mills, PA 19342

    --beds
    --baths
    2.4Acres
    Unimproved Land
    Built in ----
    2.4 Acres Lot
    $-- Zestimate®
    $--/sqft
    $4,005 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,005/mo

    Zestimate® history
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    What's special

    Located in the true heart of downtown Gradyville lies an opportunity to write yourself into the rich history of two of Edgmont Township’s most recognizable dwellings, the former “Gradyville Inn” (dating back to approximately 1740) and the Gradyville Post Office(currently cash flowing at $36,500 annually with a lease in place until 11/2026!). Situated on a sprawling corner property with high visibility, this parcel is in the C-1 Zoning District, but allows for both commercial AND residential uses. It goes without saying that Edgmont’s residents prefer that the post office remain, and that is the wish of the owner, as well (sale subject to current lease). With a current lease of $3,041/month ($36,500 annually, through November, 2026), the new owner will have immediate income as they work with the township on their vision and plans for this parcel on a prominently located corner property in charming Gradyville. The post office (#1347) is a two-story dwelling (approximately 3,000sf total) with the 2nd story consisting of five offices (see agent for current permitted uses and the Township for possible permissible uses), a bathroom and utility room. There is private access to this level via an exterior stairwell on either side of the building.The following ideas for suggested use will all need to be outlined and proposed to the Township for approval: The former Gradyville Inn can be restored to its grandeur, or with Edgmont Twp approval, made into a twin home, as the footprint is large enough to accommodate for two side-by-side residences. The 2nd and 3rd floors have 4 bedroom each, with a second kitchen (plumbing is there) on the 2nd level. Deep window wells, incredibly intricate millwork and tiles from the 1740's. Thinking of adding a single-family dwelling to this property, or potentially two if allowable (2 acre minimum, so this would require the former Inn to be demolished)? Bring your vision to the Township and be the catalyst to improve this special parcel in historic Gradyville. Note: As per Edgmont Township, “The C-1 District is designed primarily for commercial development with a view toward serving the general convenience shopping or service needs of local neighborhoods and the residents of the Township; providing areas which are nearby and accessible to such neighborhoods and residents; establishing regulations to help ensure compatibility with adjacent residential uses; and promoting more of a village-type character with small buildings in scale with and/or similar to those in historic Gradyville.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristin Ciarmella 610-742-9160,

    Keller Williams Realty Devon-Wayne,

    Listing Team: The Kristin Ciarmella And Libbi Skivo Team

    Bought with:

    Salvatore Lo Piccolo, RS349354

    Santora Real Estate, LP

    Source: Bright MLS,MLS#: PADE2047256MLS Logo

    Facts & features

    Property

    Lot
    • Size: 2.40 Acres
    • Dimensions: 382.50 x 633.40
    • Features: Level, Not In Development, Open Lot
    Details
    • Parcel number: 19000023500
    • Zoning: C1
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Septic Exists
    • Water: Well

    Community & neighborhood

    Location
    • Region: Glen Mills
    • Municipality: EDGMONT TWP

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/15/2024Sold$565,000-33.5%
    Source: Bright MLS #PADE2047256 Report a problem
    3/9/2024Pending sale$849,000
    Source: Bright MLS #PADE2047256 Report a problem
    2/4/2024Contingent$849,000
    Source: Bright MLS #PADE2047254 Report a problem
    12/28/2023Price change$849,000-14.2%
    Source: Bright MLS #PADE2047254 Report a problem
    10/27/2023Price change$989,000-15.8%
    Source: Bright MLS #PADE2047254 Report a problem
    7/19/2023Price change$1,175,000-6%
    Source: Bright MLS #PADE2047254 Report a problem
    6/3/2023Listed for sale$1,250,000
    Source: Bright MLS #PADE2047256 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 19342

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Rose Tree Media

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.