6319 Lower York Rd - Office/Residential FOR SALE


New Hope, PA 18938
$2,200,000 USD
215-317-5565
6319 Lower York Rd, New Hope, PA for Sale
$2,200,000 USD
Office/Residential - FOR SALE
1/40
null | Request Cap Rate

6319 Lower York Rd
New Hope, PA 18938


OVERVIEW

One of the most picturesque commercial properties on the 202 corridor, overlooking a large pond with fountains and frequented by wildlife such as blue herons, ducks, deer, and more, this long term corporate tenant-occupied property is great for an investor looking for stable rental income in a prime municipality where property values are premium. Average daily traffic exposure to 18,000 vehicles and located just over the bridge to New Jersey, this complex offers a large (5,300 sq ft on the first floor alone, over 7,000 SF total) space in an affluent area that is restrictive with commercial development, with no competing buildings of this scale. Across the road is a newer public park/nature preserve, and the property is just minutes to downtown New Hope, Doylestown, and major commuting roads to New Jersey, Philly, and NYC (the I-95/295 corridor and PA/NJ Turnpikes). The detached two bedroom cottage in the back has a history of long term tenants, who enjoy the pool, three car garage, and scenic views. Two parking lots (front and back), do not enter the property or approach the occupants without an appointment, consult listing agent for details and NDA.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

4.63 AC

LAND SF

201,683 SF

ZONING

RB

APN/PARCEL ID

41-022-047

ASK ABOUT THIS PROPERTY

Steve DarlingtonBHHS Fox & RoachMore Info
215-317-5565

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Steve DarlingtonBHHS Fox & RoachMore Info
215-317-5565

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.