Retail Flex Warehouse with
222 E Bridge Street Morrisville, PA 19067
For Sale
$2,150,000
Renovated retail storefront plus adaptable drive-in warehouse space, with two active tenants in place.
Property Size16,675 SF
Price / SF$128.94
Days on Market434
Property Features for 222 E Bridge Street
General Information
Standard status
Active
Size
16,675 SF
Property subtype
Commercial
Building Details
Year Built
1921
Listing Agency:
EXP Realty,LLC
Listed By:
Raymond W. Jones
Source:
Deepcreeklake
Added: May 21, 2025
Changed: Jul 10
Last Checked: Jul 27 at 12:45AM
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 EXP Realty,LLC
Investment Insights
Based on property information with market context.
This 16,675± SF retail/flex warehouse building features a renovated retail storefront and an adaptable drive-in flex/warehouse area designed for mixed-use operations. The property currently has two active tenants: a dental lab (~2,500 SF) and an auto mechanic (~1,500 SF). The remaining portion of the building, approximately 13,000± SF, is available for occupancy or lease-up.
The asset is located on East Bridge Street in Lower Bucks County and is described as being on a waterfront stretch of Bridge Street. Access is highlighted for regional connectivity to NJ and to major routes including I-276, Route 1, and I-95.
For an owner-user, this configuration can support a commercial retail component alongside drive-in warehouse or service space. For developers or value-add investors, the presence of two in-place tenants provides near-term stability while the balance of the building can be positioned for additional occupancy. This property is also being offered for redevelopment consideration given its mix of retail frontage and flexible drive-in space.
The asset is located on East Bridge Street in Lower Bucks County and is described as being on a waterfront stretch of Bridge Street. Access is highlighted for regional connectivity to NJ and to major routes including I-276, Route 1, and I-95.
For an owner-user, this configuration can support a commercial retail component alongside drive-in warehouse or service space. For developers or value-add investors, the presence of two in-place tenants provides near-term stability while the balance of the building can be positioned for additional occupancy. This property is also being offered for redevelopment consideration given its mix of retail frontage and flexible drive-in space.
Key Highlights
- 16,675± SF retail/flex warehouse building built in 1921
- Renovated retail storefront plus adaptable drive‑in flex/warehouse space
- Two active tenants: dental lab (≈2,500 SF) and auto mechanic (≈1,500 SF)
Financial Insights For Warehouse
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 | $218.1k | $13.08 |
| − Vacancy | −$17.4k | −$1.05 |
| EGI | $200.7k | $12.03 |
| − OpEx | −$30.1k | −$1.81 |
| NOI | $170.6k | $10.23 |
16,675 SF · lease $13.08/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Retail
$3.46M
$3.02M – $4.03M
NOI $241,974 @ 7.0% cap · market cap 11.25%
Second Best
Warehouse
$2.44M
$2.13M – $2.84M
NOI $170,561 @ 7.0% cap · market cap 7.93%
Theoretical Best
Office A
$5.06M
$4.42M – $5.90M
NOI $353,898 @ 7.0% cap · market cap 16.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- GrillinGuru — 700 ashdale rd, morrisville, pa 19067
- Casino Classic Catering — East Bridge St, Morrisville, PA 19067
- What About Supper — 508 W Bridge St Ste A, Morrisville, PA 19067
Frequently Asked Questions
What type of property is this?
Flex space - Renovated retail storefront plus adaptable drive-in warehouse space, with two active tenants in place.
Where is this flex space located?
The property is located at 222 E Bridge Street Morrisville, PA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 16,675± SF retail/flex warehouse building built in 1921; Renovated retail storefront plus adaptable drive‑in flex/warehouse space; Two active tenants: dental lab (≈2,500 SF) and auto mechanic (≈1,500 SF)
