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Property profile

1061 Greeley Ave Warminster, PA 18974

OFF-MARKET
Retail space
Property ID
US73-1127603
View Sample
8,240 SF 0.23 ac lot Built 1901
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional commercial property located at 1061 Greeley Avenue in Ivyland, Pennsylvania presents a unique investment opportunity. The building boasts a substantial 5,400 square feet of retail space on the first floor, ideal for a variety of businesses. Adding significant potential, the second floor offers 3,360 square feet of unfinished attic space with impressive 16-foot ceilings. This expansive area provides ample room for expansion, storage, or creative adaptation to suit specific business needs. The building features large windows, allowing for abundant natural light and creating an open and inviting atmosphere. The property is zoned BC, offering flexibility for various commercial uses. The property is being offered for sale or lease "as is," and requires repairs. Seller financing is available to qualified buyers, making this an attractive option for those seeking flexible financial arrangements. For tenants interested in a long-term commitment, the owner is offering an incentive: six months of rent-free occupancy for a five-year lease or longer. The property sits on a 0.23-acre lot. This property is ready for a visionary entrepreneur to transform it into a thriving business hub. Don't miss this chance to acquire a substantial commercial space in a desirable location. Schedule your showing today.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1901
Total area 8,240 SF
Lot 0.23 ac (9,840 SF)
Zoning code R1
APN 17-003-027
UPID US73-1127603

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2025
Last sale
$300,000
7 recorded transactions
2025
$300,000
2019
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2015
$650,000
1969
Price N/A

Zoning & alternative use

R1 · Warminster, PA

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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