132 Bellevue Ave Penndel, PA 19047-5256
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RC · Penndel, PAPenndel. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.