17 Barclay St Newtown, PA 18940

This exceptional Newtown, PA commercial property offers 4,000 square feet of renovated Class A office space, divided into sixteen individual units. Currently boasting 100% occupancy and generating a strong 8.38% cap rate, this two-story building provides immediate cash flow. Recent renovations include a new roof, updated bathrooms, a fully equipped staff kitchen, new flooring, and enhanced lighting. The property features ample on-site parking, a significant advantage in this vibrant location. Situated in Newtown Boro, it's within walking distance of shopping and dining, and enjoys convenient access to I-95 and the Pennsylvania Turnpike. The building is zoned VR5 and offers a compelling investment opportunity with a Net lease structure. The asking price is $1,100,000, representing $275 per square foot and $68,750 per unit. The Net Operating Income (NOI) is $92,192. This property presents a rare chance to acquire a stable, high-performing asset in a desirable location. The current occupancy is expected to continue until at least November 20, 2024.