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853 2Nd Street Pike Richboro, PA 18954

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For Sale
$179,900

Leased Medical Office, Strong ROI Potential

Property size:
1,396 SF

Property Features for 853 2Nd Street Pike

General Information

Property type
Office Properties & Spaces
Square Feet
1,396 SF

Building Details

Year Built
1984

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Listing Contact
Edward Kent

Listing Agency: Homestarr Realty Listing Agent: Edward Kent

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 1,396 square foot medical office condo located at 853 Second Street Pike in Richboro, Pennsylvania. Currently leased until November 2028, with a built-in option to extend, this property offers a secure and stable income stream. The lease includes a minimal annual rent increase of 4%, ensuring consistent growth in rental income. The unit itself comprises 1,396 square feet and includes a portion of the common hallway. This is a turnkey investment, requiring minimal management. The property is ideally suited for investors seeking a reliable, long-term return. Condo fees are structured at $2.75 per square foot, billed semi-annually, providing transparency in ongoing costs. The asking price for this prime medical office space is $179,900. Given the existing lease and projected rental increases, this property represents a compelling investment opportunity in a desirable location. The long-term lease significantly mitigates vacancy risk, making this an attractive option for investors seeking passive income and capital appreciation. Detailed financial projections are available upon request. This is a rare chance to acquire a well-located, income-producing asset with a proven track record. Serious inquiries only.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Tuyen Nguyen Physician Whiz Enterprise Solutions Employment Agency Patricia Pletcher CPA Tax Preparation Mayur Mehta & Co Accounting Firm Avalon Merchants LLC (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Richboro
County
Bucks
State
Pennsylvania
Longitude
-75.01221
Latitude
40.20994

FAQs

What type of property is this?
Office Property / Space - Leased Medical Office, Strong ROI Potential
Where is this office property / space located?
The property is located at 853 2Nd Street Pike Richboro, PA.
What is the asking price?
The asking price for this property is $179,900.
More about this property
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