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Richboro Commercial Development Opportunity

871-881 2ND STREET PIKE Richboro, PA 18954

Claim this Listing
For Sale
$2,300,000

1.35-acre commercial development site in Richboro, PA.

Type:Commercial/Industrial
Property size:
6,000 SF
Lot size:
1.35 Acres
Price / SF:
$383/SF
Added:
Nov 2, 2023
Days on Market:
984
Last Refresh:
Apr 5 at 10:10 pm

Property Features for 871-881 2ND STREET PIKE

General Information

Standard status
Active
Size
6,000 SF
Lot size
1.35 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1900

Listing office RE/MAX Centre Realtors

Listing date Nov 2, 2023

Source Exitrealty

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 RE/MAX Centre Realtors


Investment Insights

Based on property information with market context.

This commercial development site, situated in Richboro, Pennsylvania, comprises two tax parcels, identified as 31-018-021 and 31-018-020, totaling 1.3522 acres. The parcels are zoned C-2 Commercial. Currently, the site includes an auto body shop at 881 2nd Street Pike, offering over 6,000 square feet. Additionally, there is a vacant three-bedroom twin dwelling at 871 2nd Street Pike, and another vacant three-bedroom twin at 869 2nd Street Pike. The property also features a vacant single-family dwelling at 880 Bustleton Pike, a three-bedroom twin at 870 Bustleton Pike rented for $1200 per month, and a three-bedroom twin at 868 Bustleton Pike also rented for $1200 per month. All residential units are on month-to-month leases. The highest and best use for this site is commercial development, such as a medical building or a shopping center with apartments. The 2025 taxes for parcel 31-018-021 are $15,415.00, and for parcel 31-018-020, they are $7547.00.

Key Highlights

  • 1.3522 Acre Commercial Development Site
  • Zoned C‑2 Commercial
  • Two Tax Parcels Included

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Auto Repair Shop Spa & Massage Center Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

FAQs

What type of property is this?
Commercial land - 1.35-acre commercial development site in Richboro, PA.
Where is this commercial land located?
The property is located at 871-881 2ND STREET PIKE Richboro, PA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 1.3522 Acre Commercial Development Site; Zoned C‑2 Commercial; Two Tax Parcels Included
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