Mixed-Use Investment Opportunity, Warminster,
119 YORK Road Warminster, PA 18974
119 YORK Road, Warminster, PA, 18974
$1,100,000
For Sale
$1,100,000
MULTI_FAMILY - WARMINSTER, PA
Property Size3,764 SF
Lot Size0.54 Acres
Price / SF$292.24
Days on Market124
Property Features for 119 YORK Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 3,764 SF
- Lot size
- 0.54 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12017
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1947
- Number of units
- 2
- Building materials
- Masonry, Stucco
Listing Agency
Innovate Real Estate
(267) 367-6626
2 W Butler Avenue, Doylestown, PA
Listed by
Amanda Moeser · License #RS336042
(215) 495-5913
Added: Mar 20 Updated: Jun 20 at 1:48 pm Checked: Jul 21 at 12:06 am
MLS# PABU2116374
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial property in Warminster, PA, presents an investment opportunity with multiple income streams and future potential. The property includes a second-floor residential apartment generating $2,100 per month, with a lease in place through November 15, 2026. Additional income is generated from the rear parking lot, leased to a car dealership at $1,200 per month on a month-to-month basis, along with two additional parking spaces rented for a total of $250 per month. The entire lower level is occupied by Smart Decor and offers flexible ground-level commercial space, including a walk-in refrigerator. The lower level includes three bathrooms, one with a full shower. Utilities feature three electric zones (two commercial, one apartment) and a single water bill servicing the property. Heating is provided by two oil heaters (separate systems for the apartment and commercial space) along with two mini-split units for additional climate control. The property also includes a storage shed with electric service and 32 parking spaces. The lot size is 0.54 acres. The property has direct road access and frontage at the front and rear, allowing convenient entry and exit options. There is a garage door opening at the rear of the building that was converted to a bar but could be opened up again. The property offers potential subdivision opportunities (buyer to verify with township).
Key Highlights
- Multiple income streams from apartment rental, parking lot lease, and additional parking spaces.
- Second floor residential apartment with a lease in place through November 15, 2026, generating $2,100/month.
- Flexible ground level commercial space occupied by Smart Decor, including a walk‑in refrigerator and three bathrooms.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.7k | $21.96 |
| − Vacancy | −$4.6k | −$1.23 |
| EGI | $78.0k | $20.73 |
| − OpEx | −$23.4k | −$6.22 |
| NOI | $54.6k | $14.51 |
3,764 SF · lease $21.96/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$780.3K
$682.8K – $910.3K
NOI $54,620 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$665.8K
$582.6K – $776.7K
NOI $46,604 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.14M
$998.6K – $1.33M
NOI $79,884 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Blue Bar Co.
Bar & Pub
Fritz's Place
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with multiple income streams and future potential.
Where is this mixed-use property located?
The property is located at 119 YORK Road Warminster, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Multiple income streams from apartment rental, parking lot lease, and additional parking spaces.; Second floor residential apartment with a lease in place through November 15, 2026, generating $2,100/month.; Flexible ground level commercial space occupied by Smart Decor, including a walk‑in refrigerator and three bathrooms.
