MULTI-TENANT, MIXED USE PROPERTY | 519 Richlandtown Pike
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MULTI-TENANT, MIXED USE PROPERTY 519 Richlandtown Pike
5,584 SF 100% Leased Retail Building Richlandtown, PA 18955 £650,925 (£117/SF)
Investment Highlights
- Monument Sign
- Three Rent Ready Apartments on 2nd Floor
- Accessible from Richlantown Pike & E Pumping Station Road
- Commercial Space on 1st Floor
- Large Green Space - Potential Development Opportunity
Executive Summary
This multi-tenant, mixed-use property at 519 Richlandtown Pike in Richland, Bucks County, PA, spans 1.46± acres across two separate lots. The building offers a total of 5,584± square feet of versatile space. The first floor features a commercial area of approximately 2,742± square feet, currently utilized as a bank. It includes a drive-up window for customer convenience, private offices, an open work area suitable for various office configurations, and a kitchen for staff use. The property enjoys high visibility, enhanced by prominent monument signage, and offers plenty of on-site parking to accommodate customers and residents.
The second floor comprises three (3) residential apartments, totaling about 2,842± square feet. The property benefits from dual access points, with entrances from both Richlandtown Pike and E Pumping Station Road, further boosting its accessibility. Additionally, the site features a large green space, presenting a unique opportunity for potential expansion or development. With its mixed-use zoning, high visibility, ample parking, and flexible layout, this property is an excellent investment opportunity, ideal for commercial use, residential leasing, or future redevelopment.
The second floor comprises three (3) residential apartments, totaling about 2,842± square feet. The property benefits from dual access points, with entrances from both Richlandtown Pike and E Pumping Station Road, further boosting its accessibility. Additionally, the site features a large green space, presenting a unique opportunity for potential expansion or development. With its mixed-use zoning, high visibility, ample parking, and flexible layout, this property is an excellent investment opportunity, ideal for commercial use, residential leasing, or future redevelopment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,584 SF
Year Built
1976
Price
£650,925
Price Per SF
£117
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.09
Land Acres
1.46 AC
Zoning
SRL - Suburban Residential Low
Frontage
Amenities
- Signage
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £67,656 | |
Land Assessment | £15,958 | Total Assessment | £83,615 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£15,958
Improvements Assessment
£67,656
Total Assessment
£83,615
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MULTI-TENANT, MIXED USE PROPERTY | 519 Richlandtown Pike
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