Excellent NNN Investment Opportunity Listing Details & Market Data

20 N Pennsylvania Avenue, Morrisville, PA 19067

  • For Sale $1,250,000
  • 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 Apr 26, 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

Contacts

broker

Chichi E. Ahia

SVN | Ahia Commercial Real Estate

(215) 757-2500

Location

Getting Around

  • Walk Score ®

    Very Walkable (72)
  • Bike Score ®

    Somewhat Bikeable (47)
Powered by Walk Score ®
  • 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

  • Dunkin'

    0.05 miles

  • Cafe Antonio's

    0.66 miles

  • McDonald's

    1.04 miles

  • Burger King

    1.12 miles

  • Dunkin' Donuts

    1.19 miles

  • Dominicks Pizza

    1.21 miles

  • Domino's Pizza

    1.27 miles

  • Wawa Drive Thru

    1.50 miles

  • Comfortfood & Kitchenette

    1.77 miles

  • Camilla's Pizzaria

    1.78 miles

  • Holy Trinity School

    0.22 miles

  • Manor Park School

    0.50 miles

  • Capitol View School

    0.52 miles

  • Morrisville Middle/Senior High School

    0.71 miles

  • Grandview Elementary School

    0.82 miles

  • Valley Day School

    1.95 miles

  • Pennwood Middle School

    2.50 miles

  • Makefield Elementary School

    2.58 miles

  • Fallsington Elementary School

    2.61 miles

  • Eleanor Roosevelt Elementary School

    2.71 miles

  • New Horizon Learning Center

    1.84 miles

  • Saint Andrew's Nursery School

    4.23 miles

  • Magic Cottage Preschool

    5.15 miles

  • Bounce U

    5.18 miles

  • The Goddard School of Newtown

    7.27 miles

  • Washington Crossing Cooperative Daycare

    7.58 miles

  • The Little School

    7.61 miles

  • Chesterbrook Academy

    9.85 miles

Contact Listing Broker

broker

Chichi E. Ahia

SVN | Ahia Commercial Real Estate

(215) 757-2500