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Property profile & analytics
OFF-MARKET
Lifestyle centers

241 Butler Ave & Skyline Dr Chalfont, PA 18914

46,051 SF 7.31 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 46,051 square foot retail property, located at 241 W. Butler Ave & Skyline Drive in Chalfont, Pennsylvania (zip code 18914), presents a compelling value-add investment opportunity. The property, zoned C-1, sits on a 7.31-acre lot and currently boasts a multi-tenant occupancy of 12.54%. The versatile space includes a former bank and a vacant outparcel of approximately 3,096 square feet, offering flexible options for user-operators seeking between 21,000 and 46,000+ square feet. The property's strategic location provides convenient access to a substantial market, with 26,123 households within a 10-minute drive. This presents a unique chance to acquire a significant retail center in a thriving Bucks County community. The property's diverse subtype, encompassing bank, grocery store, and shopping center uses, allows for a wide range of potential redevelopment and leasing strategies. The substantial square footage and prime location make this an attractive proposition for both experienced investors and owner-operators seeking to establish a strong presence in a high-demand area. The existing infrastructure and flexible zoning provide a solid foundation for future growth and profitability. This is a rare opportunity to acquire a significant retail asset in a desirable location with considerable upside potential.

Property profile
Verified
Property type Lifestyle centers
Total area 46,051 SF
Lot 7.31 ac (318,424 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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