Mixed-Use Property with
For Sale
$1,100,000
119 YORK Road, Warminster, PA 18974
Multi-Family, WARMINSTER, PA
Property Size3,764 SF
Lot Size0.54 Acres
Price / SF$292.24
Days on Market214
Property Features for 119 YORK Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Parking Lot
Elementary school district
CENTENNIAL
Middle school district
CENTENNIAL
High school district
CENTENNIAL
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
Amenities
walk-in refrigerator
three bathrooms
storage shed with electric service
two mini-split units
Building Details
Year built
1947
Number of units
2
Building materials
Masonry, Stucco
Listing Agency:
Innovate Real Estate
(267) 367-6626
Listed By:
Amanda Moeser · License #RS336042
(267) 452-2242
Added: Mar 20
Changed: Oct 19
Last Checked: Oct 19 at 3:06PM
MLS# PABU2116374
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.
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Investment Insights
Based on property information with market context.
This 3,764-square-foot mixed-use property on a 0.54-acre parcel combines ground-floor retail space with a second-floor apartment. The retail level is occupied and includes a walk-in refrigerator and three bathrooms, one with a full shower. The apartment lease runs through November 15, 2026.
The site has 32 parking spaces, with access and frontage at both the front and rear. Three electric zones serve the property: two commercial and one residential. A storage shed with electric service is also included. Potential subdivision is subject to township verification.
The site has 32 parking spaces, with access and frontage at both the front and rear. Three electric zones serve the property: two commercial and one residential. A storage shed with electric service is also included. Potential subdivision is subject to township verification.
Key Highlights
- 3,764‑square‑foot mixed‑use property on 0.54 acres
- Ground‑floor retail space and second‑floor apartment
- 32 parking spaces with front and rear access and frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,620
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,400
$1.1M
Cap Rate 7%
$780,286
$780.3K
Cap Rate 9%
$606,889
$606.9K
Market Conditions
NOI Build-Up for 3,764 SF
Gross rent
$82.7K $21.96/SF
− Vacancy
−$4.6K −$1.23/SF
EGI
$78.0K $20.73/SF
− OpEx
−$23.4K −$6.22/SF
NOI
$54.6K $14.51/SF
Area
Bucks County, PA
Vacancy
5.60%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,400
Cap Rate 7%
$780,286
Cap Rate 9%
$606,889
Alternative Uses
Best Use
Retail
$780.3K
$682.8K – $910.3K
NOI $54,620 @ 7.0% cap · market cap 4.97%
Second Best
Mixed Use
$190.7K
$166.9K – $222.5K
NOI $13,349 @ 7.0% cap · market cap 1.21%
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 authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
Demographics for 18974, PA
42,507
Population
17,970
Households
2.4
Avg Household Size
47
Median Age
39%
College-Educated
95%
High-School Grad
19.7 sq mi
ZIP Area
2,158
Density / Sq Mi
$99,724
Median Household Income
$57,726
Median Earnings
$1,634
Median Rent
$407,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail space is paired with a second-floor residence and direct road access.
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: 3,764‑square‑foot mixed‑use property on 0.54 acres; Ground‑floor retail space and second‑floor apartment; 32 parking spaces with front and rear access and frontage
