Property profile

132 Bellevue Ave Penndel, PA 19047

OFF-MARKET
Retail space
Property ID
US73-1135815
1,260 SF 0.06 ac lot Built 1971
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Total area 1,260 SF
Lot 0.06 ac (2,396 SF)
Zoning code RC
APN 32-005-029
UPID US73-1135815

Cap rate & NOI

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

Location

132 Bellevue Ave Penndel, PA 19047-5256
Penndel metro Census 101100 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2026
2 recorded transactions
2026
$250,000
2019
Price N/A

Zoning & alternative use

RC · Penndel, PA
Zoning description

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…

General category COMMERCIAL

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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