1 Plumbridge Dr Levittown, PA 19056

Property Details for 1 Plumbridge Dr

Year built

1955

Lot size

0.25 lot acres

Property size

1,897 SF

Property type

Office properties & Spaces

Description

This exceptional 1,897 sq ft office building in Levittown, PA, presents a fantastic opportunity for a business owner. Situated on a 0.25-acre lot at a high-traffic corner location with excellent visibility and signage on a major artery, this property boasts substantial exposure. Its proximity to I-95 and US 1 ensures easy accessibility. The high-density population within a one-mile radius, including nearly 1,000 apartment units and numerous commercial businesses, guarantees a strong customer base. The building is zoned for commercial use and can be configured as one, two, or three units. Currently operating as three separate units—an insurance office, an accounting office, and a second-floor residential boarding unit—it generates monthly rental income of $1600 (boarding unit at $1000, accounting office at $600). The owner currently occupies one unit. The building is in excellent condition, featuring newer central heating and air conditioning, a new roof installed in 2022, and a first-floor bathroom currently undergoing remodeling. Floor plans, parking plans, and a tax map parcel are available. A property survey can be provided upon request. This well-established business location, operating successfully since the 1960s, offers almost 1900 sq ft of space. The owner is open to a partial lease-back of two rooms and is considering offers from owner-users. The asking price reflects a business owner-occupied property with supplemental rental income, not solely as an investment property. 90% financing is available to qualified buyers. A potential owner-user could expect a monthly principal and interest payment of approximately $3000, resulting in a net monthly payment of approximately $1400 after accounting for rental income.