Strip Mall Retail Units with
4153 4153-4157 Woerner Ave Levittown, PA 19057
New
4153 4153-4157 Woerner Ave, Levittown, PA, 19057
$850,000
For Sale
$850,000
End unit and two additional retail suites offer rear access, multiple exits, and recent roof replacement.
Property Size5,000 SF
Price / SF$170
Days on Market2
Property Features for 4153 4153-4157 Woerner Ave
General Information
- Standard status
- Active
- Size
- 5,000 SF
Building Details
- Year Built
- 1975
Listing agency
RE/MAX 2000
(215) 698-2000
Listed by
Julia Costello · License #RS229358
Source
Kandorre
Added: Jul 20 Updated: Jul 21 at 6:08AM Checked: Jul 21 at 6:08AM
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
Investment Insights
Based on property information with market context.
This strip mall offers multiple retail storefront units within a single commercial property, including an end unit and two additional suites with separate rear exits. Unit 4157 is identified as the end unit, formerly operated as a laundromat, and includes large display windows, front parking lot access, and two exits to the rear. Units 4153 and 4155 are both described as currently rented; Unit 4153 is newly renovated and includes a half bathroom and a rear exit, while Unit 4155 is in the process of being totally renovated with an open layout, new mini-split heating and air conditioning, new tile flooring and drywall, a full bathroom, a 200-amp electric panel, and a rear exit.
The property is noted as being across from a busy grocery store, providing visibility and foot traffic, and is located close to major roadways, transportation, and shopping.
The building also features a newer rubber roof installed in 2019.
The property is noted as being across from a busy grocery store, providing visibility and foot traffic, and is located close to major roadways, transportation, and shopping.
The building also features a newer rubber roof installed in 2019.
Key Highlights
- 1975‑built strip mall with three retail units: end unit 4157 plus units 4153 and 4155
- Unit 4157 is an end unit (formerly a laundromat), approx 2,500 SF, with 2 rear exits and large display windows plus front parking
- Unit 4153: approx 1,250 SF, half bathroom, rear exit; newly renovated and currently rented (operating as a thrift shop)
Local Financial Insights For Retail
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 | $109.8k | $21.96 |
| − Vacancy | −$6.1k | −$1.23 |
| EGI | $103.7k | $20.73 |
| − OpEx | −$31.1k | −$6.22 |
| NOI | $72.6k | $14.51 |
5,000 SF · lease $21.96/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.04M
$907.0K – $1.21M
NOI $72,556 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,116 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - End unit and two additional retail suites offer rear access, multiple exits, and recent roof replacement.
Where is this strip mall located?
The property is located at 4153 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: 1975‑built strip mall with three retail units: end unit 4157 plus units 4153 and 4155; Unit 4157 is an end unit (formerly a laundromat), approx 2,500 SF, with 2 rear exits and large display windows plus front parking; Unit 4153: approx 1,250 SF, half bathroom, rear exit; newly renovated and currently rented (operating as a thrift shop)
