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ANOTHER 422 OPPORTUNITY !!! Commercial property in Gilbertsville on Route 73 housing a martial arts school/gym and an occupied residential rental. Martial arts school owner requires a 1-2-year lease back @ $2000/month to see a couple students through their training careers. If you're an investor, this is great; if you're a user you ll have to wait 1-2 years to occupy. Front portion has a basement and stairs to a semi-finished attic. Efficiency apartment could possibly be made into larger unit obtaining more income. Large parking lot. Current apartment income is $1500 per month. 1500 +2000/month =$42000/year. Taxes: $6205. Please see building footprint measurement diagram and video short by clicking on appropriate icon at top.
| DAYS ON MARKET | 72 | LAST UPDATED | 8/12/2026 |
|---|---|---|---|
| YEAR BUILT | 1955 | COMMUNITY | Douglass Twp (10632) |
| COUNTY | MONTGOMERY | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | BOYERTOWN AREA |
|---|
| PRICE HISTORY | |
| Prior to Aug 12, '26 | $500,000 |
|---|---|
| Aug 12, '26 - Today | $450,000 |
| ADDITIONAL DETAILS | |
| AIR | Electric, Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Douglass Twp (10632) |
| CONSTRUCTION | Block, Vinyl Siding |
| HEAT | Hot Water, Oil |
| LOT | 0.6 acre(s) |
| LOT DIMENSIONS | 130.00 x 0.00 |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| STORIES | 1 |
| TAXES | 6205 |
| UTILITIES | Cable Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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