Renovated Office
For Sale
$699,900
3157 MECHANICSVILLE Road, Bensalem, PA 19020
Commercial Sale - BENSALEM, PA
Property Size2,400 SF
Lot Size0.84 Acres
Price / SF$291.63
Days on Market373
Property Features for 3157 MECHANICSVILLE Road
General Information
Property type
Other
Property subtype
Office
Parking
8
Parking features
Driveway, Parking Lot
High school
BENSALEM
Elementary school district
BENSALEM TOWNSHIP
Middle school district
BENSALEM TOWNSHIP
High school district
BENSALEM TOWNSHIP
Standard status
Active
Lot size
0.84 Acres
Taxes and HOA fees
Tax Annual Amount
7255
Utilities
Heating system
Hot Water(Heating), Baseboard
Cooling system
Central Air
Building Details
Year built
1951
Number of units
1
Building materials
Frame
Listing Agency:
M Riccardi Agency Inc
(215) 752-4200
Listed By:
Michael E Riccardi · License #RM-420502
(215) 353-0492
Added: Jul 23, 2025
Changed: Jul 13
Last Checked: Jul 30 at 4:06PM
MLS# PABU2101230
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated office building is offered as a turnkey property in move-in condition and can come furnished if the buyer chooses. The interior is laid out with a reception area, five private offices, a conference room, a bathroom, a kitchen, and a separate file room. Central air conditioning is installed. Outside, the property includes large paved parking and a separate outside storage facility, with the option to expand the parking area behind the storage building.
The building sits on approximately 0.84 acres and is located in a high-traffic area just off a traffic light near Parx Casino. It is also described as very close to Street Road, with access to major routes including Route 1, the PA Turnpike, and I-95 within about a mile. Street signage is present to support visibility.
The space is well suited for professional office users and other commercial uses permitted under the applicable zoning. With a reception area, conference room, and multiple private offices, it can accommodate law- and psychology-style operations or similar office-based businesses that want a fully renovated, immediately usable setup without additional furnishing work.
The building sits on approximately 0.84 acres and is located in a high-traffic area just off a traffic light near Parx Casino. It is also described as very close to Street Road, with access to major routes including Route 1, the PA Turnpike, and I-95 within about a mile. Street signage is present to support visibility.
The space is well suited for professional office users and other commercial uses permitted under the applicable zoning. With a reception area, conference room, and multiple private offices, it can accommodate law- and psychology-style operations or similar office-based businesses that want a fully renovated, immediately usable setup without additional furnishing work.
Key Highlights
- Approximately 2,400 SF renovated building with reception, five private offices, conference room, bathroom, kitchen, and separate file room
- Central air conditioning plus hot water/baseboard heating; frame construction; year built 1951
- Just under 1 acre lot with large paved parking, driveway and parking lot, plus separate outside storage facility
Financial Insights For Office B
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 | $62.5k | $26.04 |
| − Vacancy | −$12.2k | −$5.08 |
| EGI | $50.3k | $20.96 |
| − OpEx | −$12.6k | −$5.24 |
| NOI | $37.7k | $15.72 |
2,400 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$539.0K
$471.7K – $628.9K
NOI $37,732 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$727.7K
$636.7K – $848.9K
NOI $50,936 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Turnkey, renovated office with multiple private offices and central air, set up for immediate professional use.
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 $699,900.
What are key features of this property?
This property features: Approximately 2,400 SF renovated building with reception, five private offices, conference room, bathroom, kitchen, and separate file room; Central air conditioning plus hot water/baseboard heating; frame construction; year built 1951; Just under 1 acre lot with large paved parking, driveway and parking lot, plus separate outside storage facility
