Mixed-Use Investment Opportunity in
921 Woodbine Ave, Bensalem, PA 19020
Two buildings on 0.40 acres with strong rental history.
Type:Mixed-use
Property size:
5,610 SFPrice / SF:
$227/SF- Added:
- Nov 21, 2025
- Days on Market:
- 177
- Last Refresh:
- Apr 6 at 12:03 am
Property Features for 921 Woodbine Ave
General Information
- Standard status
- Active
- Size
- 5,610 SF
- Property subtype
- Mixed-use
Building Details
- Year Built
- 1940
Listing agent Chichi E. Ahia, SIOR License #PA #RM423727 (215) 757-2500
Listing office (215) 757-2500
Listing date Nov 21, 2025
Source Svn
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 Chichi E. Ahia, SIOR
HighLights
- Prime mixed‑use investment property with income‑producing potential.
- Excellent location with immediate access to major highways (I‑95, Bristol Pike, Street Road).
- Well‑maintained 2‑story duplex with strong rental history and a free‑standing flex warehouse in excellent condition.
- Flex warehouse features a 12‑foot drive‑in door and 14‑foot ceilings, also includes office areas.
- Located in an amenities‑rich area, close to Parx Casino and Neshaminy Mall.
- Commercial L1 zoning district allowing for abundant permitted uses.
Overview
This mixed-use investment opportunity features two buildings on a 0.40-acre lot in Bensalem Township, Bucks County, PA. The property includes two structures totaling approximately 5,600 square feet. The front building is a 2-story duplex, comprising two residential units with a strong rental history, both currently occupied. The rear building is a single-story, free-standing flex warehouse space measuring approximately 3,000 square feet, currently leased. It features a 12-foot drive-in door, 14-foot ceilings, open warehouse space, and office areas, all in excellent condition. The property has been meticulously maintained, with a comprehensive list of recent improvements. Bensalem Township offers accessibility, with key transportation routes such as I-95, the PA Turnpike, U.S. Route 1, Route 13, Woodhaven Road, Street Road, and Hulmeville Road. It connects conveniently to Philadelphia, New York, South and Central New Jersey. The property is situated 0.4 miles from the I-95 Street Road exit and 0.5 miles from Bristol Pike. The area includes amenities, such as Parx Casino and Neshaminy Mall. The property has a commercial L1 zoning district allowing for abundant permitted uses.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$771.8K
NOI $69,460 @ 9.00% cap · cautious / downside scenario
Moderate
$992.3K
NOI $69,460 @ 7.00% cap · market / base-case scenario
Aggressive
$1.39M
NOI $69,460 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.6k | $23.28 |
| − Vacancy | −$4.3k | −$0.77 |
| EGI | $126.3k | $22.51 |
| − OpEx | −$56.8k | −$10.13 |
| NOI | $69.5k | $12.38 |
5,610 SF · lease $23.28/SF/yr · vacancy 3.30% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$992.3K
$868.3K – $1.16M
NOI $69,460 @ 7.0% cap · market cap 5.45%
Second Best
Multifamily LT 5
$950.9K
$832.0K – $1.11M
NOI $66,563 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $119,063 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Bensalem
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.9412
- Latitude
- 40.0808
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two buildings on 0.40 acres with strong rental history.
Where is this mixed-use property located?
The property is located at 921 Woodbine Ave Bensalem, PA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Prime mixed‑use investment property with income‑producing potential.; Excellent location with immediate access to major highways (I‑95, Bristol Pike, Street Road).; Well‑maintained 2‑story duplex with strong rental history and a free‑standing flex warehouse in excellent condition.
