Turnkey Renovated Office
For Sale
$699,900
3157 Mechanicsville Road, Bensalem, PA 19020
Move-in ready, renovated office with central air, multiple private offices, and large paved parking with separate outside storage.
Property Size2,400 SF
Price / SF$291.63
Days on Market381
Property Features for 3157 Mechanicsville Road
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Office
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1951
Listing Agency:
M Riccardi Agency Inc
(215) 353-0492
Listed By:
Michael Riccardi · License #RM-420502
(215) 353-0492
Source:
Xome
Added: Jul 15, 2025
Changed: Jul 10
Last Checked: Jul 16 at 5:57AM
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 M Riccardi Agency Inc
Investment Insights
Based on property information with market context.
Turnkey, move-in ready office building in excellent condition, previously used for law and psychology. The approximately 2,400-square-foot interior includes a reception area, five private offices, a conference room, bathroom, kitchen, and a separate file room. Central air conditioning is in place, and the property can come furnished if the buyer desires at no additional cost.
Set on just under one acre of ground, the site offers large paved parking and a separate outside storage facility. The outdoor storage area is positioned to support potential expansion of the parking lot behind the storage building. The property is located just off a traffic light to Parx Casino and near Street Road, with convenient access to Route 1, the Pennsylvania Turnpike, and I-95, and includes street signage for strong visibility.
This configuration supports professional services that want to begin operations quickly with minimal setup, including use of the reception and multiple enclosed offices, plus dedicated file space. The property is also described as suitable for professional use and other commercial uses permitted under the applicable zoning, making it practical for buyers seeking a prepared office environment with on-site parking and storage.
Set on just under one acre of ground, the site offers large paved parking and a separate outside storage facility. The outdoor storage area is positioned to support potential expansion of the parking lot behind the storage building. The property is located just off a traffic light to Parx Casino and near Street Road, with convenient access to Route 1, the Pennsylvania Turnpike, and I-95, and includes street signage for strong visibility.
This configuration supports professional services that want to begin operations quickly with minimal setup, including use of the reception and multiple enclosed offices, plus dedicated file space. The property is also described as suitable for professional use and other commercial uses permitted under the applicable zoning, making it practical for buyers seeking a prepared office environment with on-site parking and storage.
Key Highlights
- Approximately 2,400 SF renovated office building with reception, five private offices, conference room, bathroom, kitchen, and separate file room
- Central air conditioning; interior includes carpet flooring
- Large paved parking on an approximately 1‑acre lot with additional outside storage facility and potential to expand parking behind the storage building
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
Turnkey business
Opportunity
Yes
Highway 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 units - Move-in ready, renovated office with central air, multiple private offices, and large paved parking with separate outside storage.
Where is this office units 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 office building with reception, five private offices, conference room, bathroom, kitchen, and separate file room; Central air conditioning; interior includes carpet flooring; Large paved parking on an approximately 1‑acre lot with additional outside storage facility and potential to expand parking behind the storage building
