For Auction

Absolute Auction! $1 | Medical Office | Philadelphia MSA

8-10 Morton Avenue,
Ridley Park, PA 19078
Represented by
Newmark

Asset Snapshot

Real Estate
Asset Type
Office
Property Type
Suburban Office
Office Subtype
3
Floor Count
1
Building Count
60
Parking Spots
21,000 SF
Property Size

Offering Summary

Investment Highlights

  • Three story, elevator served medical office building located on Taylor Hospital campus
  •  +/-7,000 SF floor plates flexible for multi-tenant or full floor users
  •  Ideal for medical or healthcare related tenants
  • High visibility at intersection of Chester Pike and Morton Avenue
  • Minutes to I-95, Philadelphia International Airport and Rt. 476 (Blue Route)


Property Overview

Newmark, in conjunction with Real Insight Marketplace, is pleased to offer for sale the fee-simple interest of a three story medical office building located at 8-10 Morton Avenue, Ridley Park, PA. This vacant, value add property provides +/-21,000 SF of former multi tenanted medical office space with existing conditions that are able to be utilized. The building is fully ADA compliant with elevator service to all three floors, offers exclusive 60 car dedicated parking and is steps away from the 105 bed Taylor Hospital Campus which provides emergency care, primary medicine, general and specialty practices on site. This ideal location on the hospital campus provides investors the opportunity to lease the building to a variety of medical and/or healthcare related tenants.

The property is conveniently located at the intersection of Morton Avenue and Chester Pike (Rt. 13), is minutes away from I-95, the Philadelphia International Airport and the Blue Route (Rt. 476). Center City and the Main Line are a short and stress free drive away.

Ridley Park is located in the heart of Delaware County, one of the fastest growing counties in the entire state known for its exceptional schools, public and private employers, restaurants and parks.


 

Due Diligence

Platform Fee

Buyer pays a minimum platform fee of 5% or $20,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: AU005925

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Under Contract

This asset was part of the September 29th, 2022 auction event and is currently under contract.
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Investment Sales Broker

PN
Patrick Nowlan
Newmark
PA License: RS298556

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.