Commercial Site with Redevelopment
1502 Haines Rd, Levittown, PA 19055
2.03-acre commercial site with income-generating buildings and redevelopment opportunities.
Type:Retail
Lot size:
2.03 Acres- Added:
- May 13, 2024
- Days on Market:
- 750
- Last Refresh:
- May 12 at 10:55 pm
Property Features for 1502 Haines Rd
General Information
- Standard status
- Active
- Lot size
- 2.03 Acres
- Property subtype
- Retail
Listing agent Yvonne Hu License #PA RB066711
Listing office Anchor Commercial Development
Listing date May 13, 2024
Source Crexi
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 Anchor Commercial Development
HighLights
- Zoning approval in place for 107 new self‑storage units and retention of 4 retail buildings.
- Existing income‑generating property with 4 retail buildings, a 3‑bedroom apartment, 2 offices, 41 storage units, and 10 outdoor storage yards.
- Includes architectural and engineering plans for the approved self‑storage redevelopment.
- 2.03‑acre commercial site located on the Bristol Pike of PA, near I‑95 Turnpike Exit 6.
- Potential for redevelopment into a community retail strip center, QSR pad site, or car wash business.
- Projected rental income of $16,238.00 from the proposed 107 storage units.
Overview
This 2.03-acre commercial site is located on the Bristol Pike in Pennsylvania, near I-95 Turnpike Exit 6. The property currently features four commercial buildings occupied by four retail tenants, one office space occupied by the property management, and a three-bedroom apartment. Additionally, there are 41 container storage units and 10 fenced outdoor storage yards operating on month-to-month leases, generating income. The property has zoning approval for the redevelopment of 107 new modern self-storage units, while retaining the four retail buildings. The sale price includes zoning approval for the site to build a new storage facility, architect plans for building and storages, and engineer plans. The proposed 107 storage units range in size from 3'x6' to 8'x30', with a projected rental income of $16,238.00. Alternatively, investors may consider redeveloping the site into a community retail strip center, QSR pad site, or car wash business. The existing income-producing buildings include four retail buildings (1502-1510), a 3BR apartment (1510A), and two offices (1510B, 1510C), along with 41 storage unit containers (P1-P40, P48) and 10 outdoor fenced storage yards.
Location Intelligence
Current Use by Public Records
Ponticelli Pizzeria & Restaurant
Restaurant
Location Insight
- Map
- Local Demand
- City
- Levittown
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.830852
- Latitude
- 40.134385
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - 2.03-acre commercial site with income-generating buildings and redevelopment opportunities.
Where is this retail space located?
The property is located at 1502 Haines Rd Levittown, PA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Zoning approval in place for **107 new self‑storage units** and retention of 4 retail buildings.; Existing income‑generating property with 4 retail buildings, a 3‑bedroom apartment, 2 offices, 41 storage units, and 10 outdoor storage yards.; Includes architectural and engineering plans for the approved self‑storage redevelopment.
