Property summary
This well-maintained 1,264 square foot office building in Langhorne, PA, presents a fantastic investment opportunity. Located at 1703 Langhorne Newtown Road, Unit 5, the property sits on a 0.03-acre lot and offers convenient parking directly adjacent to the entrance. The interior boasts a spacious reception/waiting area, three private offices (one extra-large and two medium-sized), and a single bathroom. Multiple closets provide ample storage space. The property is currently generating a gross monthly rental income between $1,700 and $1,900, translating to an annual income potential of up to $22,800. One office is currently leased for $825 per month. The building is zoned for a variety of professional uses, including medical, professional, business, government offices, educational uses, and community buildings. This makes it an ideal investment for those seeking a stable income stream with diverse tenant possibilities. The property's prime location and excellent condition make it a highly attractive proposition for both owner-occupiers and investors. The asking price is $190,000. Don't miss this chance to acquire a profitable and versatile commercial property in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Group
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Insurance Agency
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Physician
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Gym & Fitness Center Alternative Medicine Practice
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Physician
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
RA2 · Langhorne, PAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for RA2 in Langhorne, PA.
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Find the owner behind the property.
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