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132 Bellevue Ave 2,500 SF 100% Leased Office Building Penndel, PA 19047 $558,368 CAD ($223.35 CAD/SF)
INVESTMENT HIGHLIGHTS
- Four-unit income property with FHA commercial eligibility.
- Two turnkey apartments with strong rental comps.
- Live-work or full investment flexibility. Offered as a standalone asset at 132 Bellevue Avenue.
- High-visibility location ideal for office or residential use.
- Private rear entry and yard for added tenant appeal.
EXECUTIVE SUMMARY
132 Bellevue Avenue offers a compelling investment opportunity in one of Richmond’s most visible and versatile corridors. This mixed-use property features four income-producing units and is eligible for FHA’s commercial 4-unit financing, making it ideal for both seasoned investors and owner-occupants seeking a hybrid live-work setup.
The building’s layout supports a range of uses—from public-facing offices and private practices to full residential occupancy. With private rear access and a yard, the property offers privacy and convenience for tenants or owners. The two upper-level apartments are in move-in ready condition, with market rents estimated between $1,800 and $2,200 per month, providing immediate income potential.
Strategically located in a high-traffic area, 132 Bellevue Avenue benefits from excellent visibility and accessibility, making it a prime candidate for professional services, boutique offices, or residential leasing. Whether you choose to occupy one unit and lease the others, or operate the entire property as a cash-flowing investment, this asset delivers flexibility and upside in a sought-after Richmond neighborhood.
The building’s layout supports a range of uses—from public-facing offices and private practices to full residential occupancy. With private rear access and a yard, the property offers privacy and convenience for tenants or owners. The two upper-level apartments are in move-in ready condition, with market rents estimated between $1,800 and $2,200 per month, providing immediate income potential.
Strategically located in a high-traffic area, 132 Bellevue Avenue benefits from excellent visibility and accessibility, making it a prime candidate for professional services, boutique offices, or residential leasing. Whether you choose to occupy one unit and lease the others, or operate the entire property as a cash-flowing investment, this asset delivers flexibility and upside in a sought-after Richmond neighborhood.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,500 SF
Building Class
C
Year Built/Renovated
1971/1995
Price
$558,368 CAD
Price Per SF
$223.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,250 SF
Slab To Slab
9’
Building FAR
1.01
Lot Size
0.06 AC
Zoning
32RC - Commercial
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Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 32-005-029 | Improvements Assessment | $30,409 CAD |
| Land Assessment | $5,498 CAD | Total Assessment | $35,908 CAD |
PROPERTY TAXES
Parcel Number
32-005-029
Land Assessment
$5,498 CAD
Improvements Assessment
$30,409 CAD
Total Assessment
$35,908 CAD
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132 Bellevue Ave
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