6 Trenton AveMorrisville, PA 19067

  • Retail properties
  • 11,040 SF
For Lease
$22/SF/YR View listing

Property Details for 6 Trenton Ave

Year built
1955
Lot size
0.70 AC
Property size (Sq ft)
11,040 SF
Zone code
R1
Property type
Retail properties
Property subtype
Banks
APN
24-008-037
APU
24008037

Description

This exceptional office property in Morrisville, Bucks County, PA, offers two available suites totaling 8,109 square feet of vacant space within a 14,633 square foot building. The first-floor suite, recently renovated and spanning 6,920 square feet, is a turnkey space ideal for various professional uses. The second-floor suite, measuring 1,189 square feet, offers a functional layout and immediate occupancy. Both suites benefit from a convenient location at a signalized intersection with excellent signage opportunities, ample parking (57 spaces), and elevator access within a two-story building constructed in 1955. The property sits on a 0.7-acre lot and is zoned R-1. Its prime location offers easy access to major roadways and is surrounded by a diverse mix of retail establishments and residential areas. The building features functional floor plans and is well-suited for a variety of businesses. Minimum divisible space is 1,189 square feet, with a maximum contiguous space of 6,920 square feet. The property's APN is 24-008-037. This is a rare opportunity to secure high-quality office space in a thriving Bucks County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,683,106
    6.5%
    $2,476,713
    7%
    $2,299,804
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,635,066
    Geo Method
    $3,635,066
  • Alternative Use

    Use
    Valuation
    Residential
    $2,089,200
    Hospitality
    $1,913,696
    Educational
    $1,592,172
    Medical
    $1,646,930
    Retail
    $2,476,713
6 Trenton Ave, Morrisville, Pennsylvania

Location Insight

City
Morrisville
County
Bucks
State
Pennsylvania
Latitude
40.2164
Longitude
-74.7842
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
$30,406
$38,750
$55,690
$94,440
-
$530,820
$762,873
$1,293,693

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