Renovated Office Building with Private
For Sale
$700,000
3157 MECHANICSVILLE ROAD, Bensalem, PA 19020
Renovated office property with private offices, conference space, central air, paved parking, and exterior storage.
Property Size2,400 SF
Price / SF$388.89
Days on Market84
Property Features for 3157 MECHANICSVILLE ROAD
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$699,900
Office Units
1
Amenities
central air conditioning
street signage
storage facility
Building Details
Year Built
1951
Buildings
1
Building Size
2,400 SF
Owner Occupied
No
Listing Agency:
Keller Williams Real Estate - Newtown
(215) 860-4200
Listed By:
Anthony F DiCicco · License #RS315362
(215) 385-2006
Source:
Cummingsrealtors
Added: Jul 25
Changed: Oct 15
Last Checked: Oct 14 at 11:27PM
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 Keller Williams Real Estate - Newtown
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Investment Insights
Based on property information with market context.
This approximately 2,400-square-foot office building offers a reception area, five private offices, a conference room, bathroom, kitchen, and dedicated file room. The property has central air conditioning, a large paved parking area, and a separate outdoor storage building. It was built in 1951 and has been completely renovated. Furnishings may be included, providing flexibility for an incoming occupant.
Located at 3157 Mechanicsville Rd in Bensalem, the property sits near a traffic signal serving access to Parx Casino and Street Road. Route 1, the Pennsylvania Turnpike, and I-95 are each within one mile. The site includes just under one acre of ground and street signage for property identification.
Located at 3157 Mechanicsville Rd in Bensalem, the property sits near a traffic signal serving access to Parx Casino and Street Road. Route 1, the Pennsylvania Turnpike, and I-95 are each within one mile. The site includes just under one acre of ground and street signage for property identification.
Key Highlights
- Approximately 2400 sf office building with five private offices
- Reception area, conference room, kitchen, bathroom, and separate file room
- Completely renovated building with central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,299
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,980
$566.0K
Cap Rate 7%
$404,271
$404.3K
Cap Rate 9%
$314,433
$314.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$46.9K $26.04/SF
− Vacancy
−$9.1K −$5.08/SF
EGI
$37.7K $20.96/SF
− OpEx
−$9.4K −$5.24/SF
NOI
$28.3K $15.72/SF
Area
Bucks County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,980
Cap Rate 7%
$404,271
Cap Rate 9%
$314,433
Alternative Uses
Best Use
Office B
$404.3K
$353.7K – $471.7K
NOI $28,299 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$545.7K
$477.5K – $636.7K
NOI $38,202 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Explore this area
Business Placement
Demographics for 19020, PA
57,043
Population
23,471
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
89%
High-School Grad
17.3 sq mi
ZIP Area
3,297
Density / Sq Mi
$80,158
Median Household Income
$49,154
Median Earnings
$1,549
Median Rent
$344,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Renovated office property with private offices, conference space, central air, paved parking, and exterior storage.
Where is this office building located?
The property is located at 3157 MECHANICSVILLE ROAD Bensalem, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Approximately 2400 sf office building with five private offices; Reception area, conference room, kitchen, bathroom, and separate file room; Completely renovated building with central air conditioning
