136 Bellevue Ave Penndel, PA 19047-5256
Property summary
This exceptional mixed-use property in Penndel, PA, presents a lucrative investment opportunity. Located at 136 Bellevue Avenue, this offering encompasses two distinct tax parcels: 132 Bellevue Avenue (Tax ID #32-005-029) and 136 Bellevue Avenue (Tax ID #32-003-153). The combined property features two street-level retail spaces, ideal for a variety of businesses, providing excellent income potential. Above the retail units, the property boasts two separate two-bedroom apartments, offering additional rental income streams and diversification of investment. The property includes convenient off-street parking for tenants and customers, along with a single-car garage, adding further value and utility. The 0.06-acre lot provides ample space for the existing structures and potential future development or expansion, subject to local zoning regulations. The asking price for this combined property is $1,290,000, representing a compelling entry point into the thriving Penndel commercial real estate market. This is a rare opportunity to acquire a well-situated mixed-use property with established income streams and significant upside potential. Serious inquiries are encouraged to explore this promising investment further. Detailed financial statements and property information are available upon request.
Property profile
VerifiedCap rate & NOI
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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Value estimation
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Cap rate
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Price sensitivity
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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
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Zoning designation
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The district profile from the municipal source: what is on file for RC in Penndel, PA.
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