75 James WaySouthampton, PA 18966

Property Details for 75 James Way

Year built

1990

Lot size

3.02 AC

Property size (Sq ft)

33,000 SF

Property type

Healthcare properties

Property subtype

Other specialty properties

Description

This exceptional 33,000 square foot vacant medical office building presents a compelling value-add redevelopment opportunity in Southampton, Pennsylvania. Located on a 3.02-acre lot at a signalized intersection of James Way and County Line Road, this two-story, Class C building offers unparalleled visibility and accessibility. The property boasts 114 parking spaces and benefits from its proximity to the PA Turnpike (I-276), boasting 87,000 AADT, providing excellent signage opportunities. Its strategic location near local hospitals, such as Jefferson Health - Warminster Hospital (2.3 miles), and numerous retailers (Chick-fil-A, Starbucks, LA Fitness, Giant, etc.) ensures high traffic and strong potential for tenant attraction. Built in 1990, the property is zoned for Limited Industrial District (LI), allowing for a variety of retail or healthcare uses. A significant advantage is the potential for substantial cost savings in redevelopment compared to new construction, estimated at approximately $6 million by Benchmark Construction. Furthermore, Pennsylvania Sites & RACP grant monies may be available for a medical redevelopment project. The property is currently vacant with an occupancy date of October 3, 2024. This distressed sale offers a unique chance to capitalize on a prime location and significant redevelopment potential. The property's APN is 48-011-004-003.

Location Insight

City

Southampton

County

Bucks

State

Pennsylvania

Latitude

40.1646

Longitude

-75.0581

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