3 Hulme AveHulmeville, PA 19047
- Retail properties
- 9,831 SF
Property Details for 3 Hulme Ave
- Year built
- 1900
- Lot size
- 0.43 AC
- Property size (Sq ft)
- 9,831 SF
- Zone code
- C
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 16-001-082
- APU
- 16001082
Description
This exceptional 2,093 square foot commercial property, located at 3 Hulme Ave in Hulmeville, PA 19047, presents a unique opportunity for businesses seeking a blend of historic charm and modern amenities. Built in 1871 and meticulously renovated in 2018, the Johnson House boasts stunning architectural details including a beautiful bent staircase, deep well windows, and original plank flooring. The property features a flexible layout with seven suites, offering a minimum divisible space of 270 square feet and a maximum contiguous space of 1,100 square feet. Currently, the entire 2,093 square feet is vacant and ready for immediate occupancy. Modern upgrades include a new HVAC system, updated plumbing, and high-speed WiFi. The building is zoned C and situated in the Lower Bucks County submarket, specifically Hulmeville, PA. Its prime location on Hulme Ave, near the intersection with Main Street, ensures high visibility with over 9000 vehicles passing daily. The property's proximity to thriving businesses such as Johnson Hall Coffeehouse, Flex Force Fitness, Enchanted Vacation Planners, and Salon LC, further enhances its appeal. The two-story building features 11-foot ceilings, but lacks elevators. This property is ideal for a variety of uses, including retail, office, and special purpose businesses. Individual suites are also available for lease.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,389,276
- 6.5%
- $2,205,486
- 7%
- $2,047,951
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,236,986
- Geo Method
- $3,236,986
-
Alternative Use
- Use
- Valuation
- Residential
- $1,860,410
- Hospitality
- $1,704,125
- Educational
- $1,417,812
- Medical
- $1,466,573
- Retail
- $2,205,486
Location Insight
- City
- Hulmeville
- County
- Bucks
- State
- Pennsylvania
- Latitude
- 40.1429
- Longitude
- -74.911
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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