120 Bustleton Pike Churchville, PA 18966-1508
- Retail space
- 4,800 SF
- 0.43 lot acres
Current Use by Public Records
- Howard A. Bloom, DC / Chiropractor
- Dr. Michelle Naudascher / Chiropractor
Property Details for 120 Bustleton Pike
- Year built
- 1930
- Lot size
- 0.43 lot acres
- Property size
- 4,800 SF
- Zone code
- R2
- Property type
- Retail space
- APN
- 31-021-021
- APU
- 31021021
Description
This exceptional investment opportunity presents a rare chance to acquire a freestanding professional office/retail building situated on the highly visible and heavily trafficked Bustleton Pike in Southampton, Pennsylvania. The property encompasses a substantial 0.71-acre lot, providing ample parking for tenants and visitors. The building itself offers a versatile floor plan, ideally suited for a variety of uses. The first floor, boasting approximately 3,480 square feet of space, is currently available for lease or owner-occupancy and is adaptable to suit the needs of medical or professional office tenants. Its open layout allows for customization to create efficient and functional workspaces. Adding to the investment appeal is a sizable, approximately 1,200 square foot apartment located on the upper floor. This apartment is currently leased and generates consistent rental income, providing a valuable supplemental revenue stream for the property owner. The prime location on Bustleton Pike ensures high visibility and accessibility, attracting a large volume of potential customers and clients. This property represents a unique blend of income-producing potential and flexible commercial space, making it an attractive proposition for discerning investors seeking a strong return on investment in a desirable location. The ample parking further enhances the property's appeal to both tenants and customers. Don't miss this opportunity to secure a valuable asset in a thriving commercial corridor.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $660,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $530,000
- 6.5%
- $515,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $480,000
- Geo Method
- $450,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $475,000
- Mixed-Use
- $500,000
- Hospitality
- $645,000
- Educational
- $470,000
- Residential Income
- $545,000
- Energy
- $590,000
- Income-Based Land
- $550,000
- Food Service
- $605,000
Location Insight
- Map
- Local Demand
- City
- Churchville
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -75.0136
- Latitude
- 40.1844
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA