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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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