Property summary
This exceptional mixed-use property in Penndel, Pennsylvania, presents a lucrative investment opportunity. The offering encompasses two adjacent parcels, 132 Bellevue Avenue (Tax ID #32-005-029) and 136 Bellevue Avenue (Tax ID #32-003-153), totaling 0.06 acres. The property boasts two street-level retail spaces, ideal for a variety of businesses, providing immediate income potential. Above the retail units are two separate two-bedroom apartments, offering additional rental income streams. The property includes convenient off-street parking for tenants and customers, along with a single-car garage. This versatile property is well-suited for both owner-occupancy and passive income generation. The strategic location in Penndel ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The combined retail and residential components offer a balanced and diversified investment portfolio, minimizing risk and maximizing returns. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. The property's size and configuration provide flexibility for future expansion or redevelopment, allowing for significant long-term growth potential. The asking price is $1,290,000.
Property profile
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
RC Retail Commercial District. The purpose and intent of this district is to provide areas for modern office, retail, personal service and related uses. Standards are included to promote the grouping of retail and servic…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
RC · Penndel, PARC Retail Commercial District. The purpose and intent of this district is to provide areas for modern office, retail, personal service and related uses. Standards are included to promote the grouping of retail and servic…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
RC Retail Commercial District. The purpose and intent of this district is to provide areas for modern office, retail, personal service and related uses. Standards are included to promote the grouping of retail and servic…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RC in Penndel, PA.
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