3 Hulme AveHulmeville, PA 19047

  • Retail properties
  • 9,831 SF
For Lease
$55,800/SF/YR View listing

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
3 Hulme Ave, Hulmeville, Pennsylvania

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,755
$8,200
$41,900
$50,100
-
$112,328
$573,970
$686,298

FAQs

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