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Commercial Site with Redevelopment Potential
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1502 Haines Rd, Levittown, PA 19055

2.03-acre commercial site with income-generating buildings and redevelopment opportunities.

Property SizeContact for details
Lot Size2.03 Acres
Days on Market820

Property Features for 1502 Haines Rd

General Information

Standard status Active
Lot size 2.03 Acres
Property subtype Retail
Investment Type Redevelopment
Listing Agency: Anchor Commercial Development
Listed By: Yvonne Hu · License #PA RB066711
Source: Crexi
Added: May 13, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:31AM

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

Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Current Use

Ponticelli Pizzeria & Restaurant Restaurant

Suggested Use

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

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

271
Businesses Nearby

Demographics for 19055, PA

13,783
Population
5,089
Households
2.7
Avg Household Size
40
Median Age
17%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
4,923
Density / Sq Mi
$82,336
Median Household Income
$43,283
Median Earnings
$1,550
Median Rent
$275,300
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

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.
(215) 389-2280 Call to check price and availability
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