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Versatile 17,000 SF Commercial Property

1060 Greeley, Ivyland, PA 18974

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For Sale

$875,000

Adaptable commercial building with development potential in the BC District.

Property size:

17,000 SF

Price / SF:

$51/SF

HighLights

Expansive 17,000 sq ft commercial property offers significant scale and development potential.
Flexible layout adaptable to a wide range of uses.
Potential for mixed‑use or residential conversion, with approvals currently in progress.
Ideal for investors, developers, or owners seeking to customize a space.
Located in the BC District.
Existing structure built in 1850.

We can help!

Listing Contact

JOANRENETTE M NIEDRIST

For Sale

$875,000

Adaptable commercial building with development potential in the BC District.

Property size:

17,000 SF

Price / SF:

$51/SF

Added:: Mar 23, 2026
Days on Market:: 81
Last Refresh:: Mar 23 at 8:13 pm

Property Features for 1060 Greeley

General Information

Standard status: Active
Size: 17,000 SF

Building Details

Year Built: 1850

We can help!

Listing Contact

JOANRENETTE M NIEDRIST

Listing agent JOANRENETTE M NIEDRIST License #RS307762

Listing office 24-7 REAL ESTATE, LLC

Listing date Mar 23, 2026

Source Corcoran

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 24-7 REAL ESTATE, LLC

HighLights

Expansive 17,000 sq ft commercial property offers significant scale and development potential.
Flexible layout adaptable to a wide range of uses.
Potential for mixed‑use or residential conversion, with approvals currently in progress.
Ideal for investors, developers, or owners seeking to customize a space.
Located in the BC District.
Existing structure built in 1850.

Overview

This 17,000 sq ft commercial property, located within the BC District, presents a flexible opportunity for investors, developers, or owners. The existing structure offers a flexible layout suitable for a range of uses, including mixed-use or residential conversion (in progress), bed and breakfast/hospitality, day care or educational facility, religious or assembly use, agricultural/grow operation, garden center or retail, and warehouse, storage, or light commercial purposes. The seller is currently pursuing approvals for an apartment conversion, presenting a potential for future residential or mixed-use development. This property offers scale and adaptability.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$110.5k	$6.50
− Vacancy	−$14.0k	−$0.83
EGI	$96.5k	$5.67
− OpEx	−$36.2k	−$2.13
NOI	$60.3k	$3.55

17,000 SF · lease $6.50/SF/yr · vacancy 12.70% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$861.3K

$753.7K – $1.00M (±1% cap)

NOI $60,292 @ 7.0% cap · market cap 6.89%

Second Best

Hotel Hospitality

$654.6K

$572.8K – $763.7K (±1% cap)

NOI $45,822 @ 7.0% cap · market cap 5.24%

Theoretical Best

Office A

$5.15M

$4.51M – $6.01M (±1% cap)

NOI $360,796 @ 7.0% cap · market cap 41.23%

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

Property Profile Location Intelligence

Current Use by Public Records

Bed & breakfasts

Suggested Use

Location Insight

Map
Local Demand

City: Ivyland
County: Bucks
State: Pennsylvania
Longitude: -75.075215
Latitude: 40.208885

For sale
Mixed-use properties
PA
Ivyland
18974
1060 Greeley

What type of property is this?

Mixed-use property - Adaptable commercial building with development potential in the BC District.

Where is this mixed-use property located?

The property is located at 1060 Greeley Ivyland, PA.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: Expansive 17,000 sq ft commercial property offers significant scale and development potential.; Flexible layout adaptable to a wide range of uses.; Potential for mixed‑use or residential conversion, with approvals currently in progress.