136 Bellevue AvePenndel, PA 19047

Property Details for 136 Bellevue Ave

Year built

1900

Lot size

0.06 AC

Property size (Sq ft)

2,220 SF

Zone code

RC

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

32-003-153

APU

32003153

Description

This exceptional mixed-use property in Penndel, PA, presents a lucrative investment opportunity. Located at 136 Bellevue Avenue, this offering encompasses two distinct tax parcels: 132 Bellevue Avenue (Tax ID #32-005-029) and 136 Bellevue Avenue (Tax ID #32-003-153). The combined property features two street-level retail spaces, ideal for a variety of businesses, providing excellent income potential. Above the retail units, the property boasts two separate two-bedroom apartments, offering additional rental income streams and diversification of investment. The property includes convenient off-street parking for tenants and customers, along with a single-car garage, adding further value and utility. The 0.06-acre lot provides ample space for the existing structures and potential future development or expansion, subject to local zoning regulations. The asking price for this combined property is $1,290,000, representing a compelling entry point into the thriving Penndel commercial real estate market. This is a rare opportunity to acquire a well-situated mixed-use property with established income streams and significant upside potential. Serious inquiries are encouraged to explore this promising investment further. Detailed financial statements and property information are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $455,120

  6.5%

  $420,111

  7%

  $390,103

• Comparable approach

  Method

  Valuation

  Relative Method

  $449,601

  Geo Method

  $449,601

• Alternative Use

  Use

  Valuation

  Residential

  $420,111

  Hospitality

  $384,819

  Educational

  $320,165

  Medical

  $331,176

  Retail

  $498,035

Location Insight

City

Penndel

County

Bucks

State

Pennsylvania

Latitude

40.1581

Longitude

-74.9123

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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.

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 unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].