1 Plumbridge Dr Levittown, PA 19056
- Commercial real estate
- 1,897 SF
- 0.25 lot acres
Current Use by Public Records
- Bob Nelson - State Farm Insurance Agent / Renter'S Insurance Agency / Insurance Agency
- Benscoter Accounting Solutions / Tax Preparation / Bookkeeping Service
Property Details for 1 Plumbridge Dr
- Year built
- 1956
- Lot size
- 0.25 lot acres
- Property size
- 1,897 SF
- Property type
- Commercial real estate
- APN
- 05-021-044
Description
This exceptional mixed-use commercial property in Levittown, Pennsylvania, presents a fantastic opportunity for owner-occupancy with supplemental rental income. Located on a high-traffic corner with significant visibility and signage on a major artery, this 1,897 square foot building boasts a prime location near I-95 and US Route 1. The property features three units, each with a separate entrance, currently occupied by an insurance office, an accounting office, and a residential boarding unit (month-to-month lease). The building, constructed in 1956 and renovated in 2020, is in excellent move-in condition, featuring a new roof (2022) and a remodeled first-floor bathroom. The property sits on a 0.25-acre lot and is zoned for mixed-use commercial purposes, allowing for a variety of business ventures. The current owner is willing to consider a partial leaseback of two rooms to the new buyer. The asking price reflects the value as an owner-occupied property with added rental income, not as a pure investment property. The building has one HVAC unit and one electric meter. A property survey is available upon request. 90% financing is available to qualified owner-user buyers through the SBA. With an estimated monthly principal and interest payment of approximately $3,000 and $1,600 in monthly rental income, the net monthly mortgage payment would be approximately $1,400. This well-established business location, operating successfully since the 1960s, offers a unique blend of immediate occupancy and potential rental revenue. The high population density within a one-mile radius, including numerous apartments and commercial businesses, ensures a strong customer base.
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
- Levittown
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.88235713858
- Latitude
- 40.129517185219