$414,750 Listed for $449,900

  • 3364 sqft
  • Commercial
  • Closed
Courtesy of Sharon Spadaccini, BHHS Fox & Roach-New Hope
Four, fully occupied professional office units in renovated office building on the highly traveled Street Road corridor in Bucks County, PA! This is an incredible opportunity to own the building in which you work, or a great commercial rental investment property. Located within minutes of major access roads, including Interstate 95, the PA Turnpike entrance, Route 1 (Roosevelt Blvd), Route 611 and Second Street Pike. Plenty of private off-road parking behind the office building included. The four office rentals currently total $3950 per month. New owner could INSTANTLY generate $47,400 rental income yearly with current full occupancy. Lovely entrance into this professional space makes for a "great first impression". As you enter the building through the side entry take 7 steps up to the first set of office suites, labeled 100 and 101. Four office suites total (two per floor), each with its own private bathroom, at least two conference rooms, open space, private entrance, cathedral ceilings and sky lights (top floor only) and separate utilities, including central air. State-of-the-art building! Welcoming entrance ways and halls to each office suite, new lighting and stylish blinds/window coverings. A very bright, clean and cheerful working environment with access to outdoor decks on each floor. 2 Ground-level storage areas are currently unoccupied, but have been rented in the past for $650+ a month. No space is wasted. All office suites offer cable and are high speed internet ready with great cell phone reception. This property easily can be made handicap accessible with a stair lift system, no elevator. Copies of current leases available to serious buyers only. Above average overall condition, the previous owner provided a capital improvement of $80,000 the later part of 2013. Photos were taken prior to total office occupancy. Now is the time to invest in real estate! Don't miss this outstanding opportunity!
Last updated on 11/14/2018
Courtesy of Sharon Spadaccini, BHHS Fox & Roach-New Hope

More Details for 538 STREET RD

Property Class: Commercial
Listing Status: Closed
State: PA
Zip: 18966
Area: U Southampton Twp
County: BUCKS-PA
Class: Commercial
Approx Lot Size: 0.160
Living Area (SqFt): 3364 sqft
Lot Area Acre: 0.16
Property Age: 33
Listing#: 7112456
School District: Centennial
Tax Year: 2018
Taxes/Yr: $6,445 /2018

Features for 538 STREET RD

Bathrooms: Three+Bath
Exterior: Vinyl Siding
Floor: CarpetFlr, Vinyl
Location: Suburban, MiddlOfBlock, ProfessCntr, Highway
Plumbing: CopperPlumb
Sewer Septic: Public Sewer
Topography: Level
Building Features: FireEscape, SecuritySys
Electric Service: 200-300AmpEl
Foundation: ConcreteFoun
Hot Water: Electric
Rent Includes: Water, Sewer, Snow Removal, Taxes
Roof: PitchedRoof, ShingleRoof
Utilities: WaterAvail, SewerAvail, GasAvail, ElectrcAvail, PhoneUtil, CableTVAvail
Water: Public
Building Or Business: Commercial, Office, Professional
Exterior Amenities: HwyExpos, Sign
Handicap: None
Parking: 11to25CarGar, LotPark, Off Street
Roads: State
Tenant Pays: PayElec, PayHeat, PayGas
Wall Ceilings: SheetRckIntW

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