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1 Mill Creek Rd 8,000 SF 100% Leased Retail Building Morrisville, PA 19067 $7,677,560 CAD ($959.70 CAD/SF)
INVESTMENT HIGHLIGHTS
- A rare opportunity to purchase a multi-faceted property with substantial current income and unlimited future income possibilities.
- The SEPTA Route 127 bus connects the Oxford Valley Mall near Langhorne to the Trenton Transit Center
- Comes with liquor license and FF&E and a substantial customer base
- U.S. Route 1 runs through Morrisville, facilitating easy travel to surrounding areas,
EXECUTIVE SUMMARY
A rare opportunity to purchase a multi-faceted property with substantial current income and unlimited future income possibilities. First and foremost we offer a fully operational tavern. Family-owned and operated for fifty-three years. Comes with liquor license and FF&E and a substantial customer base. The tavern building as apartment rental income as well. The apartment building next door to the tavern has two full single apartments that are currently rented. In addition, there is a sizable garage currently rented by a tow truck operation which produces month income. A 1200 Sq. Ft. addition to the Tavern/Restaurant has started and should be completed by Autumn 2025.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built
1930
Price
$7,677,560 CAD
Price Per SF
$959.70 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Lot Size
52.00 AC
Zoning
LI - Light Industrial
Parking
5 Spaces (0.63 Spaces per 1,000 SF Leased)
Frontage
602’ on Mill Creek Road
PROPERTY TAXES
| Parcel Number | 13-040-022 | Improvements Assessment | $91,941 CAD |
| Land Assessment | $10,949 CAD | Total Assessment | $102,890 CAD |
PROPERTY TAXES
Parcel Number
13-040-022
Land Assessment
$10,949 CAD
Improvements Assessment
$91,941 CAD
Total Assessment
$102,890 CAD
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1 Mill Creek Rd
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