Property profile

1067 Totem Rd Bensalem, PA 19020

OFF-MARKET
Retail properties & Spaces
3,400 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

1067 Totem Rd Bensalem, PA 19020
Bensalem metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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