Bensalem, PA 19020,3462, 3476 & 3478 BRISTOL PIKE
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Bensalem, PA 19020,3462, 3476 & 3478 BRISTOL PIKE
Bensalem, PA 19020,3462, 3476 & 3478 BRISTOL PIKE
Bensalem, PA 19020,3462, 3476 & 3478 BRISTOL PIKE
Bensalem, PA 19020,3462, 3476 & 3478 BRISTOL PIKE

$1,200,000

Est. payment /mo

$1,375,000

12.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3462, 3476 & 3478 BRISTOL PIKE Bensalem, PA 19020

5,921 SqFt

SOLD DATE : 11/15/2023

Key Details

Sold Price $1,200,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 5,921 sqft

Price per Sqft $202

MLS Listing ID PABU2051046

Year Built 1900

Annual Tax Amount $11,031

Tax Year 2023

Lot Size 1.000 Acres

Property Description

Investor Opportunity Awaits, a 3 unit updated commercial building in Bensalem Twp, a short drive from Interstate 95 and Street Road. Potential 7% cap rate +. Lease gross income is $104,792.40 yearly. Yearly estimated expenses about $15,000 includes taxes, insurance, snow removal and maintenance. Long-term occupants include World of Animals (well established vet), AirGas Distribution Center and Tattoo Design Studio. There are a total of two buildings. Buildings are very well kept, bright and clean as evidenced by photos. The first building which was built in the 1850's has been recently renovated, this 2-story building with basement houses World of Animals (vet, 2000 sq ft above grade with about 1000 sq ft in basement which is partially finished). The newer buildering with flat roofing system houses Airgas Distribution Center (2080 sq ft), has been a long-term tenant of about 40 years and the Tattoo Design Studio (1841 sq ft). That building totals about 3921 sq ft. Plenty of parking for all three businesses. Businesses are NOT for sale just the buildings. Both buildings are all on one tax parcel number. This location NOT to be confused with Bristol ROAD because public records have it noted incorrectly. Copies of leases available for serious, qualified buyers. Property is being sold in current condition. Showing times limited to Tuesday or Thursday 1pm-4pm if showing appointment wants to include all three units, tenants will be present for all showings. AirGas would need to be first appt shown if appointment is scheduled at 4pm. Please view online videos, floor plans and 3D tours. Bristol Pike also known as Rt 13.

Location

State PA

County Bucks

Area Bensalem Twp (10102)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Tile/Brick, Vinyl, Engineered Wood

Equipment None

Exterior

Garage Spaces 30.0

Water Access N

Roof Type Architectural Shingle,Flat,Pitched,Rubber

Building

Foundation Stone, Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Bensalem Township

School District Bensalem Township

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Sharon Spadaccini • BHHS Fox & Roach-New Hope
Bought with Laura J Dau • EXP Realty, LLC
agent

Jason Gareau

Broker

+1(609) 929-4486

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