Two-Level Office Suite with Private
304 Corporate Dr E Langhorne, PA 19047
304 Corporate Dr E, Langhorne, PA, 19047
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For Sale
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Two-level office suite with a private entrance, multiple offices, and a boardroom within a condominium complex.
Property Size2,940 SF
Price / SF$153.03
Days on Market115
Property Features for 304 Corporate Dr E
General Information
- Standard status
- Active
- Size
- 2,940 SF
- Property subtype
- Office
Building Details
- Year Built
- 1989
Listing agency
Serhant Real Estate
(215) 383-0117
Listed by
Kylie Miller · License #RS336704
Source
Crexi
Added: Mar 29 Updated: Jul 21 at 1:52PM Checked: Jul 21 at 1:52PM
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 Serhant Real Estate
Investment Insights
Based on property information with market context.
This two-level office suite offers a private entrance and a functional layout designed for professional use. The main level includes two private offices and two bathrooms, supporting both client-facing work and day-to-day administration. The lower level provides a large open workspace along with a dedicated boardroom, and includes basement egress.
The suite is located within the Luxembourg condominium complex at 304 Corporate Drive in Langhorne, PA. The property is described as professionally maintained and offers ample parking for staff and visitors.
With its mix of private offices, open workspace, and boardroom, the space is positioned for office users and also noted as having potential for medical conversion within the condominium setting.
The suite is located within the Luxembourg condominium complex at 304 Corporate Drive in Langhorne, PA. The property is described as professionally maintained and offers ample parking for staff and visitors.
With its mix of private offices, open workspace, and boardroom, the space is positioned for office users and also noted as having potential for medical conversion within the condominium setting.
Key Highlights
- 2,940 SF two‑level office suite in the Luxembourg condominium complex (built 1989)
- Private entrance with a main level layout of two private offices and two bathrooms
- Lower level includes a large open workspace for flexible use
Local Financial Insights For Healthcare Medical
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 | $74.1k | $25.20 |
| − Vacancy | −$6.3k | −$2.14 |
| EGI | $67.8k | $23.06 |
| − OpEx | −$27.1k | −$9.22 |
| NOI | $40.7k | $13.83 |
2,940 SF · lease $25.20/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$660.3K
$577.8K – $770.4K
NOI $46,222 @ 7.0% cap · market cap 10.27%
Second Best
Healthcare Medical
$581.1K
$508.4K – $677.9K
NOI $40,674 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$891.4K
$780.0K – $1.04M
NOI $62,396 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Two-level office suite with a private entrance, multiple offices, and a boardroom within a condominium complex.
Where is this office units located?
The property is located at 304 Corporate Dr E Langhorne, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 2,940 SF two‑level office suite in the Luxembourg condominium complex (built 1989); Private entrance with a main level layout of two private offices and two bathrooms; Lower level includes a large open workspace for flexible use
