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$2,400,000 -$100,000 (-4%) Price Reduced
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Property Description
10,400sf Flex Warehouse building in the desirable Newtown Business Commons located on a highly visible corner 2.21 acre lot zoned light industrial; approx 2000sf of office space and 8400sf of warehouse with one drive in door and one tailgate door; 16' floor to ceiling beam in warehouse; 25' x 40' column spacing; 480V, 3 phase electric; natural gas heating and central air; 4 bathrooms; two 8' x 8' tailgate doors - one of them has a drive in ramp; expansion potential; Newtown Township is open to many new potential uses in the Business Commons (see recent Overlay District proposal); warehouse/flex space is difficult to find and especially hard to find in Newtown; convenient to I-295, Route 1 and the PA Turnpike as well as restaurants, shopping centers and Historic Newtown Borough
Full Property Details
Full Property Details for 2 Pheasant Run
General
- Price: $2,400,000
- Taxes: $25,537 (2024)
- Status: Active
- Type: Office
- Source: BrightMLSPhilly
- MLS ID: PABU2087532
- Updated: 3/6/2026
- Added to Site: 388 day(s) ago
Business
- Business Type: Flex
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Restrooms: 4
Parking
- Total Spaces: 26
- Parking Type: Parking Lot
Location
- Area: Newtown Twp (10129)
- Municipality: NEWTOWN TWP
- County: BUCKS
- Cross Streets: Fountain Farm
- Driving Directions: From I-295 go west on Newtown Bypass to right onto Penns Trail to left on Pheasant Run to corner of Fountain Farm Lane
- Location Details: Business Park
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available, Electric Available, Cable TV Available
Structural Information
- Construction: Block, Brick
- Ceiling Height: 15' to 18'
- Drive-In Doors: 1
- # Loading Docks: 2
- Building Size: 10400
- Year Built: 1973
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- # Tenants: Single
Manufactured Home
Park Information
- Park Information: Newtown Business Commons
Lot Features
- Lot Size (Acres): 2.21
- Lot Size (Sq. Ft.): 96,324
- Lot Size Source: Assessor
- Lot Dimensions: 202' x 410'
- Zoning: LI
- Lot Description: Corner, Level
Financial Considerations
- Price Per Sq. Ft.: $230.77
- Assessment Year: 2024
- School Tax: $20,046
- City/TownTax: $1,867
- City/TownTax Freq: Annually
- County Tax: $3,624
- County Tax Freq: Annually
- Tax w/Assessment: $142,400
- Tax Amount: $25,537
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 147
Listed by RE/MAX Properties - Newtown, Daniel J McCloskey
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Schools
Schools serving 2 Pheasant Run
School District:Council Rock School District
| Name | Grades | Distance |
|---|---|---|
Goodnoe El School 298 Frost Lane, Newtown, PA 18940 | K-6 | 0.8 mi |
Newtown Middle School 116 Richboro Road, Newtown, PA 18940 | 7-8 | 1.7 mi |
Council Rock High School North 62 Swamp Road, Newtown, PA 18940 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 Pheasant Run
Date
Details
Price
Change
Source
3/06/2026
Price Reduced
$2,400,000
-4%
MLS
1/09/2026
Price Reduced
$2,500,000
-13.79%
MLS
12/17/2025
Price Increased
$2,900,000
5.45%
MLS
11/06/2025
Price Reduced
$2,750,000
-3.51%
MLS
10/21/2025
Price Reduced
$2,850,000
-9.52%
MLS
8/19/2025
Price Increased
$3,150,000
5.18%
MLS
4/28/2025
Price Reduced
$2,995,000
-6.41%
MLS
4/11/2025
Price Reduced
$3,200,000
-5.88%
MLS
3/28/2025
Price Reduced
$3,400,000
-12.82%
MLS
2/11/2025
Listed
$3,900,000
85.71%
MLS
1/24/2025
Sold
$2,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2 Pheasant Run
Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,823
2%
$142,400
—
2024
$25,308
5%
$142,400
—
2023
$24,213
2%
$142,400
—
2022
$23,745
2%
$142,400
—
2021
$23,376
5%
$142,400
—
2020
$22,250
2%
$142,400
—
2019
$21,724
2%
$142,400
—
2018
$21,312
4%
$142,400
—
2017
$20,573
3%
$142,400
—
2016
$20,037
—
$142,400
—
2015
$19,996
1%
$142,400
—
2014
$19,896
—
$142,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2 Pheasant Run
2 Pheasant Run, Newtown, PA 18940 (MLS# PABU2087532) is a Office property. 2 Pheasant Run is currently listed for $2,400,000 and was received on February 11, 2025. Want to learn more about 2 Pheasant Run? Do you have questions about finding other Office real estate for sale in Newtown? You can browse all Newtown real estate or contact a Coldwell Banker agent to request more information.

