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457 Woodbourne Rd, Langhorne, PA 19047

$700,000

  • Sold
  • Closed
  • Commercial
457 Woodbourne Rd, Langhorne, PA 19047 View this property at 457 Woodbourne Rd, Langhorne, PA 19047
457 Woodbourne Rd Langhorne PA 19047

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Property Description

5 Unit Mixed use property. Yielding 8.25% CAP rate after accounting for a 10 % Vacancy Rate. Great commercial corner property with prominent lite signage. Professional zoning. Across the street from regional shopping center, Oxford Valley Mall. Average daily traffic count over 10,000 vehicles pass this location according to Penn Dot. There are 2 buildings the main build is a converted farmhouse. It houses 3 units, 2 office units on the first floor with a shared power room. The second and third floors has a 3-4 bedroom apartment. The second building is a converted tractor barn and it has 2 units, both offered as office spaces. There is a Full Kitchen and 1 1/2 baths in this building, allowing for flexibility to be used as a residence. The
main building also has a full basement, and all units have air conditioning, and all separate utilities.

Full Property Details for 457 Woodbourne Rd

  • Sold For: $700,000
  • Taxes: $7,651 (2017)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 6926572
  • Added: 283 day(s) ago

Property History

  • 457 Woodbourne Rd, Langhorne, PA
  • Sold at $700,000 on 7/15/17
  • Listed at $725,000 on 2/12/17

Interior

  • Flooring: 2.0

Location

  • Area: Middletown Twp (10122)
  • County: BUCKS

Utilities

  • Utility Description: Water Available, Sewer Available, Gas Available, Electricity Available, Telephone, Cable TV Available, Underground Utilities

Structural Information

  • Roof: Pitched Roof, Shingle Roof
  • Square Feet: 4,234
  • Current Bldg. Use: 1031
  • Year Built: 1979

Lot Features

  • Lot Size (Acres): 0.5
  • Lot Dimensions: 156 x 118
  • Frontage: State
  • Topography: Level
  • Zoning: PROF

Financial Considerations

  • Tax Amount: $7,651
  • Tax Year: 2017

Listed by River Valley Properties
Sold by Nai Mertz Corporation

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457 Woodbourne Rd, Langhorne, PA 19047 (MLS# 6926572) is a Commercial property that was sold at $700,000 on July 15, 2017. Want to learn more about 457 Woodbourne Rd? Do you have questions about finding other Commercial real estate for sale in Langhorne? You can browse all Langhorne real estate or contact a Coldwell Banker agent to request more information.

Listed by River Valley Properties
Sold by Nai Mertz Corporation

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