For Sale
$2,300,000

881 2Nd Street Pike Richboro, PA 18954

1.35 Acres, High Commercial Potential

Overview

Added:
Feb 3
Days on market:
81
This exceptional 1.35-acre mixed-use development opportunity in Richboro, PA, presents a unique investment prospect. The property encompasses two tax parcels (31-018-021 and 31-018-020) zoned C-2 Commercial, offering significant potential for redevelopment. Currently, the site includes a substantial 6,000+ square foot auto body shop located at 881 2nd Street Pike. In addition, there are several residential properties: a vacant three-bedroom twin dwelling at 871 2nd Street Pike, and five three-bedroom twin homes located at 869, 870, and 868 Bustleton Pike, each currently rented at $1200 per month on a month-to-month basis. These existing structures provide immediate income potential while allowing for future development plans. The property's C-2 zoning allows for a wide range of commercial uses, making it ideal for projects such as a medical building or a shopping center with integrated apartments. This prime location in Richboro offers excellent visibility and accessibility, presenting a compelling opportunity for investors seeking a high-return commercial development project. The highest and best use is clearly commercial development, offering significant upside potential for the discerning buyer. The property is offered at $2,300,000.

Property Details for 881 2Nd Street Pike

Property type
Mixed-use properties
Year Built
1900
Lot Size (sq. ft)
58,806 SF

Location Insight

City
Richboro
County
Bucks
State
Pennsylvania
Latitude
40.21063
Longitude
-75.01125

FAQs

What type of property is this?
Mixed-use property - 1.35 Acres, High Commercial Potential
Where is the mixed-use property located?
The property is located at 881 2Nd Street Pike Richboro, PA.
What is the asking price?
The asking price for this property is $2,300,000.
How can I contact the broker?
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881 2Nd Street Pike
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