1067 Totem Rd Bensalem, PA 19020
- Retail properties
- 3,400 SF
Current Use by Public Records
- Dockside Bensalem / Restaurant
- High Tides Restaurant & Bar / American Restaurant / Bar & Grill
Property Details for 1067 Totem Rd
- Property size
- 3,400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity encompasses three buildings totaling 3,400-9,000 square feet situated on a half-acre lot in Bensalem, Pennsylvania. The property includes a popular dockside waterfront restaurant, bar, and grill that previously generated $30,000 in monthly rent. Also included is a six-bedroom colonial, historically known as the Neshaminy Creek Inn, presenting significant potential for short-term rentals like Airbnb. An auxiliary event space adds further versatility. A fully leased four-bedroom quadplex apartment building provides consistent rental income. The property is zoned G-C and offers 150 parking spaces. Its prime location boasts high visibility with 18,000 vehicles passing daily on Bristol Pike, and is only 1.5 miles from the Delaware River. The development is further enhanced by a planned 75-room hotel across the street, promising increased foot traffic and potential synergy. Renovations were completed between 2007 and 2014. This Class A multi-tenancy property presents a compelling value-add investment opportunity with diverse income streams and significant upside potential. The buildings are two stories high.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bensalem
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.9142
- Latitude
- 40.0943
