High-Traffic Strip Mall
4153-4157 Woerner Ave, Levittown, PA 19057
For Sale
$850,000
Prime Levittown location with high visibility and customization potential.
Property Size2,500 SF
Price / SF$340
Days on Market1364
Property Features for 4153-4157 Woerner Ave
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Corner
Corner Lot/Unit
Interior
Level
Building Details
Year Built
Listing Agency:
RE/MAX 2000
(215) 698-2000
Listed By:
JULIA COSTELLO · License PA RS229358
(215) 385-2197
Source:
Corcoran
Added: Feb 16, 2023
Changed: Aug 21
Last Checked: Aug 25 at 9:53AM
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 RE/MAX 2000
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Investment Insights
Based on property information with market context.
This property features a high-traffic strip mall location with great exposure, suitable for businesses seeking to establish a presence in the area. The interior is a blank slate, offering customization and reconfiguration possibilities to meet various potential uses. According to tax records, the address is 4147 Woerner Avenue, but the addresses on the premises are 4153-4157. Unit 4157, previously a laundromat, is an end unit with approximately 2500 square feet and two exits to the rear drive. It includes large display windows and a front parking lot, presenting an opportunity to revive the laundromat. Unit 4153 is newly renovated with approximately 1,250 square feet, a half bathroom, and an exit to the rear; it is currently rented and operating as a thrift shop. Unit 4155 is also newly renovated and features an open layout, a built-in AC unit, a 200 AMP electric panel, and an exit to the rear. The property has a newer rubber roof installed in 2019. Located across from a busy grocery store, the property benefits from high foot traffic and great visibility. It is conveniently located close to major roadways, transportation, and shopping.
Key Highlights
- High‑traffic strip mall location with great exposure.
- Includes three units: one 2500 sq ft end unit, one 1250 sq ft rented unit, and one renovated unit.
- End unit (4157) has two rear exits and was previously a laundromat.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,278
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,560
$725.6K
Cap Rate 7%
$518,257
$518.3K
Cap Rate 9%
$403,089
$403.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$54.9K $21.96/SF
− Vacancy
−$3.1K −$1.23/SF
EGI
$51.8K $20.73/SF
− OpEx
−$15.5K −$6.22/SF
NOI
$36.3K $14.51/SF
Area
Bucks County, PA
Vacancy
5.60%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,560
Cap Rate 7%
$518,257
Cap Rate 9%
$403,089
Alternative Uses
Best Use
Retail
$518.3K
$453.5K – $604.6K
NOI $36,278 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$856.9K
$749.8K – $999.7K
NOI $59,981 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
64k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Dining 34%
Shops & Services 10%
Beauty & Spa 3%
ACME Markets
Groceries
32,512 visits/mo
0.1 miles
McDonald's
Dining
18,361 visits/mo
0.1 miles
Shell
Shops & Services
6,578 visits/mo
0.3 miles
Philly Pretzel Factory
Dining
3,222 visits/mo
0.3 miles
Great Clips
Beauty & Spa
1,613 visits/mo
0.3 miles
Demographics for 19057, PA
16,916
Population
6,452
Households
2.6
Avg Household Size
40
Median Age
26%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
3,845
Density / Sq Mi
$95,089
Median Household Income
$48,682
Median Earnings
$1,518
Median Rent
$299,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Strip malls in Bucks County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Strip mall - Prime Levittown location with high visibility and customization potential.
Where is this strip mall located?
The property is located at 4153-4157 Woerner Ave Levittown, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High‑traffic strip mall location with great exposure.; Includes three units: one 2500 sq ft end unit, one 1250 sq ft rented unit, and one renovated unit.; End unit (4157) has two rear exits and was previously a laundromat.
