Mixed-Use Property with Income
119 York Rd Warminster, PA 18974
119 York Rd, Warminster, PA, 18974
$1,100,000
For Sale
$1,100,000
Mixed-use property featuring residential, commercial, and parking income.
Lot Size0.54 Acres
Days on Market147
Property Features for 119 York Rd
General Information
- Standard status
- Active
- Lot size
- 0.54 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1947
Listing Agency
INNOVATE REAL ESTATE
(267) 367-6626
Listed by
AMANDA MOESER · License #RS336042
Source
Corcoran
Added: Feb 22 Checked: Jul 19 at 6:47 am
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 INNOVATE REAL ESTATE
Investment Insights
Based on property information with market context.
This mixed-use commercial property at 119 York Road presents an excellent 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 derived 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 currently occupied by Smart Decor and offers flexible ground-level commercial space, including a walk-in refrigerator. The lower level includes three bathrooms, one of which has 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 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. It is ideal for investors or owner-users seeking strong cash flow with upside potential.
Key Highlights
- Multiple Income Streams: Diversified revenue from a residential apartment, parking lot lease, and commercial tenant.
- Strong Cash Flow with Upside Potential: Ideal for investors or owner‑users seeking immediate returns and future growth.
- Long‑Term Residential Lease: Apartment lease in place through November 15, 2026, guaranteeing stable income.
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 featuring residential, commercial, and parking income.
Where is this mixed-use property located?
The property is located at 119 York Rd 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: Diversified revenue from a residential apartment, parking lot lease, and commercial tenant.; Strong Cash Flow with Upside Potential: Ideal for investors or owner‑users seeking immediate returns and future growth.; Long‑Term Residential Lease: Apartment lease in place through November 15, 2026, guaranteeing stable income.
