4147 Woerner AveLevittown, PA 19057

  • Community centers
  • 5,040 SF
For Sale
$899,000 View listing

Property Details for 4147 Woerner Ave

Year built
1963
Lot size
0.26 AC
Property size (Sq ft)
5,040 SF
Zone code
C
Property type
Community centers
APN
05-034-123-001
APU
5034123001

Description

This exceptional Levittown, PA property presents a fantastic investment opportunity. Located in a high-traffic strip mall with excellent visibility across from a busy grocery store, this property boasts significant foot traffic and convenient access to major roadways and public transportation. The offering comprises two main units totaling approximately 5000 square feet. Unit 4157, a 2500 square foot end unit previously used as a laundromat, features two rear exits, large display windows, and ample front parking. Unit 4153-4155, also approximately 2500 square feet, was formerly a comic book store. This space offers an open layout, built-in AC, a half bath, recessed lighting, and both front and rear parking lot access. This unit could easily be subdivided into two separate units, creating additional rental income potential, as two separate exterior front doors are already in place. The property benefits from a newer rubber roof installed in 2019. The address according to tax records is 4147 Woerner Avenue, but the premises addresses are 4153-4157. The blank slate interior of both units offers endless possibilities for customization and reconfiguration to suit a wide variety of business needs. This prime Levittown location is ready for a visionary owner to transform it into an exceptional commercial space. The property's high visibility, convenient location, and versatile layout make it an ideal investment for entrepreneurs seeking a thriving business environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,224,896
    6.5%
    $1,130,673
    7%
    $1,049,911
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,659,486
    Geo Method
    $1,659,486
  • Alternative Use

    Use
    Valuation
    Residential
    $953,765
    Hospitality
    $873,644
    Educational
    $726,861
    Medical
    $751,859
    Retail
    $1,130,673

Location Insight

City
Levittown
County
Bucks
State
Pennsylvania
Latitude
40.1514
Longitude
-74.8586
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
$11,726
$22,520
$20,660
$43,180
-
$308,492
$283,012
$591,504

FAQs

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