For Sale
$1,100,000

17 Barclay St Newtown, PA 18940

High-yield, fully occupied office complex.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional Newtown, PA commercial property offers 4,000 square feet of renovated Class A office space, divided into sixteen individual units. Currently boasting 100% occupancy and generating a strong 8.38% cap rate, this two-story building provides immediate cash flow. Recent renovations include a new roof, updated bathrooms, a fully equipped staff kitchen, new flooring, and enhanced lighting. The property features ample on-site parking, a significant advantage in this vibrant location. Situated in Newtown Boro, it's within walking distance of shopping and dining, and enjoys convenient access to I-95 and the Pennsylvania Turnpike. The building is zoned VR5 and offers a compelling investment opportunity with a Net lease structure. The asking price is $1,100,000, representing $275 per square foot and $68,750 per unit. The Net Operating Income (NOI) is $92,192. This property presents a rare chance to acquire a stable, high-performing asset in a desirable location. The current occupancy is expected to continue until at least November 20, 2024.

Highlights

  • Exceptional commercial investment opportunity in Newtown, PA; 4,000 sq ft of renovated office space.
  • 16 professional offices, updated bathrooms, and staff kitchen.
  • 8.4% cap rate with 100% occupancy.
  • Ample on-site parking.
  • Prime Newtown Boro location near shopping, dining, and major highways (I-95 & PA Turnpike).

Property Details for 17 Barclay St

Property type
Office properties
Square Feet
4,000 SF
Class
A
Buildings
1
Stories
2
Units
16

Location Insight

City
Newtown
County
Bucks
State
Pennsylvania
Latitude
40.222163541067
Longitude
-74.937515695293

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FAQs

What type of property is this?
Office property - High-yield, fully occupied office complex.
Where is the office property located?
The property is located at 17 Barclay St Newtown, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Exceptional commercial investment opportunity in Newtown, PA; 4,000 sq ft of renovated office space.; 16 professional offices, updated bathrooms, and staff kitchen.; 8.4% cap rate with 100% occupancy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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(215) 668-7471

Contacts

Gina Farruggio
Gina Farruggio
Visit Broker Website

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Barclay St
Newtown, PA 18940

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Barclay St
Newtown, PA 18940

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

17 Barclay St
  • Gina Farruggio
    Gina Farruggio
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