Excellent NNN Investment Opportunity

For Sale

20 N Pennsylvania Avenue, Morrisville, PA 19067

This Morrisville property for sale is located at 20 N Pennsylvania Avenue. The general use of Excellent NNN Investment Opportunity is office and it incorporates 9,150 square feet of class B office space. The current listed sale price for Excellent NNN Investment Opportunity is $1,250,000. Excellent NNN Investment Opportunity is situated on a lot that is 0.22 acre in size.

Contacts

broker

Chichi E. Ahia

SVN | Ahia Commercial Real Estate

(215) 757-2500

Property Details

  • Property Type Office - General Office
  • Property Size 9,150 SF
  • Lot Size 0.22 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1928
  • Date Updated May 14, 2024
Located on North Pennsylvania Avenue at the immediate proximity to the intersection of South Pennsylvania Avenue and East Bridge Street in Morrisville Borough, Bucks County, Pennsylvania. Convenient location across from the New Jersey state border and commutable distance to Philadelphia, South and Central New Jersey, and New York City. Excellent location less than 0.2 miles to/from the Route 1 Exit ramp. Morrisville is an amenities rich borough neighborhood with a diverse tenant mix, all in immediate proximity.SVN® is pleased to present an excellent opportunity to acquire a single-tenant, net leased, office investment opportunity located in Morrisville Borough, Bucks County, Pennsylvania. The property is comprised of a 9,150 square foot, three-story office building currently leased to a single tenant since 2016. The building itself offers stately presentation in an uncompromising environment and demonstrates the ideal cross section of historic significance and modern relevance. Originally built in 1928 by Bucks County Contributionship Insurance Company, the oldest fire insurance company in Bucks County, and fully renovated in 2016. The property offers many distinctive features throughout, including 12 foot ceilings, a fully finished basement and historic architectural details. This highly visible and accessible location offers convenient access to major connecting routes.

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Highlights

  • NNN office investment opportunity
  • 3-story, freestanding building
  • Total building area of 9,150 SF ±
  • Functional floor plans
  • Attractive 13% CAP rate
  • Excellent Opportunity for investors and owner/users
  • Immediate income from existing in-place tenant
  • Potential for future residential/multi-family conversion
  • Exceptional location within Morrisville Borough
  • Convenient location for business and consumer access
  • Proximate to populated residential neighborhoods
  • Convenient access to major connecting routes

Getting around

  • 72/100

    Walk Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Morrisville, PA
  • Zip Code 19067
  • Market Philadelphia

Points of Interest

  • Yardley

    3.45 miles

  • Levittown

    5.23 miles

  • Woodbourne

    6.22 miles

  • Langhorne

    7.99 miles

  • Bristol

    8.31 miles

  • Union 76

    0.35 miles

  • Sunoco

    2.13 miles

  • Exxon

    2.49 miles

  • Sunoco

    3.62 miles

  • Shell

    3.98 miles

  • Sunoco

    4.01 miles

  • Shell

    4.85 miles

  • Blink

    5.12 miles

  • Wawa

    5.14 miles

  • Blink

    5.77 miles

  • D&L Trail Parking

    0.99 miles

  • D&L Trail Parking

    2.33 miles

  • Afton Limousine Service

    4.10 miles

  • Trucks

    5.68 miles

  • Autos

    5.70 miles

  • Quality Inn & Suites NJ State Capital Area

    0.20 miles

  • Country House Motel

    2.76 miles

  • Residence Inn Philadelphia Langhorne

    4.67 miles

  • Courtyard Philadelphia Langhorne

    4.78 miles

  • Red Roof Inn

    4.96 miles

  • Holiday Inn Express

    5.02 miles

  • SpringHill Suites Philadelphia Langhorne

    5.23 miles

  • Sheraton Bucks County Hotel

    5.24 miles

  • Hampton Inn & Suites Newtown

    5.95 miles

  • Motel 6 Levittown, PA - Bensalem

    6.80 miles

  • Garden Farm Market

    0.59 miles

  • Organic Food Store

    4.07 miles

  • Walgreens

    4.56 miles

  • Giant

    4.66 miles

  • Kohl's

    4.76 miles

  • McCaffrey's

    5.16 miles

  • Walmart Supercenter

    5.23 miles

  • Ross

    5.27 miles

  • Giant

    5.27 miles

  • Burlington

    5.60 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Chichi E. Ahia

SVN | Ahia Commercial Real Estate

(215) 757-2500