Licensed Detox Facility For
1288 VETERANS HIGHWAY Levittown, PA 19056
For Sale
$3,500,000
16-bed inpatient residential detox facility on 1.07 acres.
Property Size9,764 SF
Lot Size1.12 Acres
Price / SF$358.46
Days on Market540
Property Features for 1288 VETERANS HIGHWAY
General Information
Standard status
Active
Size
9,764 SF
Lot size
1.12 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1970
Listing Agency:
John E. Kitchen Shay Real Estate
(215) 669-6722
Listed By:
Jack E Kitchen · License #RB045863A
(215) 669-6722
Source:
Exitrealty
Added: Feb 3, 2025
Changed: Jul 6
Last Checked: Jun 26 at 6:42PM
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 John E. Kitchen Shay Real Estate
Investment Insights
Based on property information with market context.
This property, situated on 1.07 acres in Middletown Township, Bucks County, PA, offers approximately 9,764 square feet of space. The property has undergone a condominium conversion, creating two distinct spaces: Unit I and Unit II. Unit I is a 16-bed inpatient residential detox facility, with 8 licensed detox beds and 8 licensed residential beds. The purchase of the license may be possible, and the sale includes furnishings and equipment currently in place. Licensed in 2020, the Detox Facility occupies approximately 5,000 square feet across an upper and lower level connected by an internal stairway and elevator. Other potential uses include inpatient mental health rehabilitation. The upper level features 16 beds in 8 rooms, each with private baths and showers, dual televisions, individual room temperature controls, and electric adjustable beds. Two beds are located in a fully wheelchair-accessible unit with a fully compliant shower. This level also includes a registration office and a 360-degree nurses station with a secure medication room, a medical office with a handwashing sink, and a separate half bath. The lower level, accessible by elevator or a wide staircase, includes kitchen and dining areas, a media room/group room, a private office/snack room, a fully equipped laundry room, and two luxurious spa rooms with hot or cold soaking tubs. Each spa room features a full bath with shower and heated towel racks. One half bath completes this level. Unit II, spanning approximately 5,000 square feet, is currently licensed as an outpatient drug and alcohol facility. Entitlements with Middletown Township, Bucks County, include zoning and construction documents approvals that allow conversion of this condo for use as a 16-bed inpatient residential detox facility or as an inpatient mental health rehabilitation facility. The rear of the property features a gazebo/smoking area and general recreation space. The property is fenced with an electrically operated gate, and the large parking lot easily supports these uses.
Key Highlights
- Licensed 16‑bed inpatient residential detox facility (Unit I) with furnishings and equipment included.
- Second unit (Unit II) licensed as an outpatient drug and alcohol facility with approvals for conversion to a 16‑bed inpatient facility.
- Each of the 16 beds in Unit I features private baths/showers, dual televisions, individual temperature controls, and electric adjustable beds.
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $246.1k | $25.20 |
| − Vacancy | −$20.9k | −$2.14 |
| EGI | $225.1k | $23.06 |
| − OpEx | −$90.1k | −$9.22 |
| NOI | $135.1k | $13.83 |
9,764 SF · lease $25.20/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.93M
$1.69M – $2.25M
NOI $135,083 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,224 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Rehabilitation center - 16-bed inpatient residential detox facility on 1.07 acres.
Where is this rehabilitation center located?
The property is located at 1288 VETERANS HIGHWAY Levittown, PA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Licensed 16‑bed inpatient residential detox facility (Unit I) with furnishings and equipment included.; Second unit (Unit II) licensed as an outpatient drug and alcohol facility with approvals for conversion to a 16‑bed inpatient facility.; Each of the 16 beds in Unit I features private baths/showers, dual televisions, individual temperature controls, and electric adjustable beds.
