880 Easton RdWarrington, PA 18976

Property Details for 880 Easton Rd

Year built

1955

Lot size

1.25 AC

Property size (Sq ft)

5,940 SF

Zone code

C1

Property type

Retail properties

Property subtype

Retail space

APN

50-024-025

APU

50024025

Description

This exceptional 6,200 square foot mixed-use storefront property, located at 880 Easton Road in Warrington, Pennsylvania, presents a compelling investment opportunity. Built in 1924, this single-story building sits on a 1.16-acre lot and boasts a highly visible location on Easton Road, a thoroughfare with over 32,000 vehicles passing daily. Currently operating as a successful dry cleaning and restoration business for over 72 years, the property offers 100% occupancy and includes all necessary equipment. The building features high ceilings (exceeding 20 feet in some areas), ample parking (37 spaces), two convenient loading docks, and robust utilities including public water and sewer, gas hookup, and over 400 amp electric service. Zoned C1, this property offers significant flexibility for a variety of uses, allowing for the continuation of the existing business or a complete transformation to suit a new venture. The strong foundation and adaptable layout provide a solid base for future growth and success. This is a rare opportunity to acquire a well-established business and prime real estate in a high-traffic area of Bucks County. The property's size, location, and existing infrastructure make it an ideal investment for both owner-users and investors seeking a strong return.

• CAP approach

  CAP return

  Valuation

  6%

  $2,169,114

  6.5%

  $2,002,260

  7%

  $1,859,241

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,968,970

  Geo Method

  $1,955,823

• Alternative Use

  Use

  Valuation

  Residential

  $1,688,981

  Hospitality

  $1,547,097

  Educational

  $1,287,167

  Medical

  $1,331,434

  Retail

  $2,002,260

Location Insight

City

Warrington

County

Bucks

State

Pennsylvania

Latitude

40.2396

Longitude

-75.1372

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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