1 Plumbridge DrLevittown, PA 19056

For Sale
$469,900

High-traffic location, multiple units, excellent condition.

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional mixed-use commercial property in Levittown, Pennsylvania, presents a fantastic opportunity for owner-occupancy with supplemental rental income. Located on a high-traffic corner with significant visibility and signage on a major artery, this 1,897 square foot building boasts a prime location near I-95 and US Route 1. The property features three units, each with a separate entrance, currently occupied by an insurance office, an accounting office, and a residential boarding unit (month-to-month lease). The building, constructed in 1956 and renovated in 2020, is in excellent move-in condition, featuring a new roof (2022) and a remodeled first-floor bathroom. The property sits on a 0.25-acre lot and is zoned for mixed-use commercial purposes, allowing for a variety of business ventures. The current owner is willing to consider a partial leaseback of two rooms to the new buyer. The asking price reflects the value as an owner-occupied property with added rental income, not as a pure investment property. The building has one HVAC unit and one electric meter. A property survey is available upon request. 90% financing is available to qualified owner-user buyers through the SBA. With an estimated monthly principal and interest payment of approximately $3,000 and $1,600 in monthly rental income, the net monthly mortgage payment would be approximately $1,400. This well-established business location, operating successfully since the 1960s, offers a unique blend of immediate occupancy and potential rental revenue. The high population density within a one-mile radius, including numerous apartments and commercial businesses, ensures a strong customer base.

Highlights

  • High-traffic location near I-95 and Route 1.
  • Excellent visibility and signage opportunities.
  • Commercial zoning allowing diverse uses.
  • Owner-occupant potential with supplemental rental income.
  • Excellent condition.
  • High population density within one mile.

Property Details for 1 Plumbridge Dr

Property type
Other office properties, Office properties
Square Feet
1,897 SF
Class
C
Year Built/Renovated
1956/2020
Buildings
1
Stories
2
Lot Size (sq. ft)
10,890 SF
Units
3

Location Insight

City
Levittown
County
Bucks
State
Pennsylvania
Latitude
40.129517185219
Longitude
-74.88235713858
1 Plumbridge Dr, Levittown, Pennsylvania

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1 Plumbridge Dr
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