Two-Office Commercial
For Sale
Contact for pricing
106 South Bellevue Avenue, Langhorne, PA 19047
Two private rooms offer a compact workspace with laminate flooring, beadboard trim, and track lighting.
Property Size294 SF
Price / SF$2.72
Days on Market187
Property Features for 106 South Bellevue Avenue
General Information
Standard status
Active
Size
294 SF
Property subtype
Retail, Office
Zoning
C
Listing Agency:
Realty ONE Group
Listed By:
Eric Kucharik · License #RS325648
(484) 531-7300
Source:
Crexi
Added: Apr 14
Changed: Oct 9
Last Checked: Oct 16 at 7:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group
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Investment Insights
Based on property information with market context.
This 294-square-foot office suite contains two private offices within a commercial building. Interior details include laminate flooring, beadboard trim, and track lighting. One office is equipped with a sink and window A/C, adding practical utility for day-to-day workspace needs.
The property is located at 106 South Bellevue Avenue in Langhorne, Pennsylvania, and carries C zoning. The two-room configuration provides a defined office setting in a compact footprint.
The property is located at 106 South Bellevue Avenue in Langhorne, Pennsylvania, and carries C zoning. The two-room configuration provides a defined office setting in a compact footprint.
Key Highlights
- 294‑square‑foot office suite with two private offices
- Laminate flooring, beadboard trim, and track lighting
- One office includes a sink and window A/C
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,622
Suggested Prices Based on Cap Rates
Cap Rate 5%
$92,440
$92.4K
Cap Rate 7%
$66,029
$66.0K
Cap Rate 9%
$51,356
$51.4K
Market Conditions
NOI Build-Up for 294 SF
Gross rent
$7.7K $26.04/SF
− Vacancy
−$1.5K −$5.08/SF
EGI
$6.2K $20.96/SF
− OpEx
−$1.5K −$5.24/SF
NOI
$4.6K $15.72/SF
Area
Bucks County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$92,440
Cap Rate 7%
$66,029
Cap Rate 9%
$51,356
Alternative Uses
Best Use
Office B
$66.0K
$57.8K – $77.0K
NOI $4,622 @ 7.0% cap · market cap 577.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$89.1K
$78.0K – $104.0K
NOI $6,240 @ 7.0% cap · market cap 780.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 19047, PA
35,452
Population
13,150
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
2,061
Density / Sq Mi
$110,395
Median Household Income
$55,992
Median Earnings
$1,770
Median Rent
$441,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Two private rooms offer a compact workspace with laminate flooring, beadboard trim, and track lighting.
Where is this office units located?
The property is located at 106 South Bellevue Avenue Langhorne, PA.
What are key features of this property?
This property features: 294‑square‑foot office suite with two private offices; Laminate flooring, beadboard trim, and track lighting; One office includes a sink and window A/C
