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Renovated Mixed-Use Income Property

MORRISVILLE, PA 19067 Morrisville, PA 19067

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For Sale
$749,999

SINGLE_FAMILY - MORRISVILLE, PA

Property size:
3,750 SF
Price / SF:
$199/SF
Added:
Jun 9, 2026
Days on Market:
32
Last Refresh:
Jul 10 at 10:06 pm

Property Features

General Information

Property type
Residential
Property subtype
Other
Standard status
Active
Size
3,750 SF

Building Details

Year built
1957

Listing agent Bob Kelley License #RS284245

Listing office BHHS Fox & Roach Blue Bell PA

Listing date Jun 9, 2026

MLS# PABU2123500

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.

Completely renovated in 2024, this mixed-use income property at 411 W Bridge Street includes a restaurant on the first level, a 3-bedroom, 1-bath rental on the second floor, and a basement space set up for a 2-bedroom apartment. The second-floor unit is on a month-to-month lease and features in-unit laundry, central AC, updated kitchen finishes, and sizable living and family rooms, including a large primary bedroom. The basement apartment setup supports additional residential occupancy alongside the restaurant.

The property is located on Bridge Street in Morrisville, Pennsylvania, and sits on a lot just under a quarter acre. Off-street parking is available for tenants and customers.

For buyers seeking a live-and-work style setup, this building provides income from the restaurant level alongside residential rentals in the same asset. The restaurant is under a lease expiring 12/31/28, and the second-floor unit is currently month to month. With off-street parking and a straightforward three-level configuration, the property may appeal to investors or owner-operators looking for a mixed-use arrangement. Please schedule a private showing to review the layout and existing lease details.

Key Highlights

  • Income‑producing mixed‑use building at 411 W Bridge St in Morrisville
  • Completely renovated in 2024 with central air and forced‑air heating
  • Restaurant on the first level on a lease expiring 12/31/28 with $2,250–$2,600 monthly rents by year

Local Financial Insights For Specialty 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 $82.4k $21.96
− Vacancy −$4.6k −$1.23
EGI $77.7k $20.73
− OpEx −$19.4k −$5.18
NOI $58.3k $15.55
3,750 SF · lease $21.96/SF/yr · vacancy 5.60% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$832.9K
$728.8K – $971.7K (±1% cap)
NOI $58,304 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$663.3K
$580.4K – $773.9K (±1% cap)
NOI $46,431 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.14M
$994.8K – $1.33M (±1% cap)
NOI $79,587 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

FAQs

What type of property is this?
Mixed-use property - Completely renovated mixed-use building with an on-site restaurant and multiple residential units.
Where is this mixed-use property located?
The property is located at Morrisville, PA.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Income‑producing mixed‑use building at 411 W Bridge St in Morrisville; Completely renovated in 2024 with central air and forced‑air heating; Restaurant on the first level on a lease expiring 12/31/28 with $2,250–$2,600 monthly rents by year
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