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Turnkey Inpatient Detox Facility Available

1288 Veterans Hwy, Levittown, PA 19056

For Sale
$3,500,000
Pending

Licensed inpatient detox facility with expansion potential in Bucks County.

Property Size9,764 SF
Lot Size1.12 Acres
Days on Market647

Property Features for 1288 Veterans Hwy

General Information

Standard status Pending
Size 9,764 SF
Lot size 1.12 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $15,647

Amenities

Open
Business District
Cleared
Front Yard
Landscaping
Level
Rear Yard
Road Frontage
SideYard(s)

Building Details

Year Built 1970
Listing Agency: JOHN E. KITCHEN SHAY REAL ESTATE
Listed By: JOHN E. KITCHEN · License PA RB045863A
Source: Corcoran
Added: Feb 2, 2025 Changed: Aug 26 Last Checked: Aug 25 at 7:40AM

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

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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. Condo Unit I is a 16-bed inpatient residential detox facility, featuring 8 licensed detox beds and 8 licensed residential beds. The sale includes furnishings and equipment currently in place, and the purchase of the license may be possible. 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 compliant shower. This level also includes a registration office, a 360-degree nurses station with a secure medication room, a medical office with a handwashing sink, and a 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 featuring a full bath with shower and heated towel racks, and a half bath. Condo 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 area of the property features a gazebo/smoking area and general recreation space. The property is fenced with an electrically operated gate, and a large parking lot supports these uses.

Key Highlights

  • Licensed 16‑bed inpatient residential detox facility (Unit I) with furnishings and equipment included.
  • Second 5,000 sq ft unit (Unit II) with entitlements for conversion to a 16‑bed inpatient Residential Detox or Mental Health Rehabilitation facility.
  • Each of the 16 beds in Unit I features private baths/showers, dual televisions, individual temperature controls, and electric adjustable beds.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$135,083
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,701,660 $2.7M
Cap Rate 7%
$1,929,757 $1.9M
Cap Rate 9%
$1,500,922 $1.5M
Market Conditions
NOI Build-Up for 9,764 SF
Gross rent
$246.1K $25.20/SF
− Vacancy
−$20.9K −$2.14/SF
EGI
$225.1K $23.06/SF
− OpEx
−$90.1K −$9.22/SF
NOI
$135.1K $13.83/SF
Area
Bucks County, PA
Vacancy
8.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,701,660
Cap Rate 7%
$1,929,757
Cap Rate 9%
$1,500,922

Alternative Uses

Best Use
Healthcare Medical
$1.93M
$1.69M – $2.25M (±1% cap)
NOI $135,083 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.35M
$2.93M – $3.90M (±1% cap)
NOI $234,261 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Sweet Beginnings Dating ... Employment Agency DayBreak Addiction Treatment ... Medical Clinic

Suggested Use

Top Pick Law Firm Restaurant Spa & Massage Center Real Estate Agency Hair Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby

Demographics for 19056, PA

15,858
Population
6,030
Households
2.6
Avg Household Size
41
Median Age
34%
College-Educated
95%
High-School Grad
3.9 sq mi
ZIP Area
4,066
Density / Sq Mi
$104,382
Median Household Income
$53,916
Median Earnings
$1,409
Median Rent
$360,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Rehabilitation center - Licensed inpatient detox facility with expansion potential in Bucks County.
Where is this rehabilitation center located?
The property is located at 1288 Veterans Hwy 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 5,000 sq ft unit (Unit II) with entitlements for conversion to a 16‑bed inpatient Residential Detox or Mental Health Rehabilitation facility.; Each of the 16 beds in Unit I features private baths/showers, dual televisions, individual temperature controls, and electric adjustable beds.
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