Address
670 Woodbourne Road # 704 & 706, Langhorne, PA
Price
$ 6,500,000
Property Attributes
- MLS#PABU2016766
- TypeCommercial
- CountyBUCKS
- CityLanghorne
- AreaMiddletown Twp
- NeighborhoodCornerstone
- Zip19047
- StyleMedical,Professional
- Year Built2005
- Taxes$ 8700
- Price$ 6,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10077
Data Source:
Bright MLS
Property Description
ASC (SURGICAL/MEDICAL) FACILITY Great business opportunity of a Class C medical/surgical center (Class C is the surgical status, not the building status) in a premiere Bucks County location. Price includes business and real estate. Must be purchased together. Buyer must be a licensed physician in order to get surgical license transfer approved. It is currently operating and a fully equipped turn-key Class C medical/surgical center in Langhorne, Bucks County just outside Oxford Valley Mall in beautiful professional/medical condo office park and very close and easy accessibility to all major highways, interstate and turnpikes. Facility encompasses over 10,000 square feet with 7400 square feet in the full surgical center comprising 2 full operating rooms and 2700 square feet in the medical center. It is one building but its operations are separated by an entry vestibule and they are completely independent with separate entrances, but have interior access between them for staff only. The surgical center has 2 full operating rooms and 6 recovery stations along with reception, waiting room, locker and changing rooms, medical supply room, break room, etc. The medical center has reception, waiting room, exam rooms, offices, changing room w/showers, supply room, etc. The facility is in excellent condition and much effort is taken to keep the facility free and clear of contamination. This is a highly sought after medical industry in a high per capita income location. Seller is business and real estate owner and wants to retire.
| Price History | |
|---|---|
| 1/17/2022 | Listed $7,750,000 |
| 5/2/2022 | 36% - $5,000,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Central |
| Cooling | Central A/C |
| Utilities | Under Ground |
| Possession | 61-90 Days CD |
| Roof | Architectural Shingle |
| Zoning | MI |
| Construction Materials | Masonry,Shingle Siding,Stucco |
| Year Built | 2005 |
| Electric | Circuit Breakers,Underground |
| Unit Number | 704 & 706 |
| Property SubType | Services |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 443388.00 |
| OwnerPays | None |
| Business Type | Medical,Professional |
| Building Name | CORNER BUILDING BACKING TO WOODS |
| Accessibility | 48 + Halls,Level Entry - Main,No Stairs,Wheelchair Mod |
| County | BUCKS |
| Net Operating Income | 443388.00 |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | CORNERSTONE |
| Possible Use | Medical/Dental |
| Water Access Y/N | No |
| Property Use | Investment |
| Transportation | Commuter Rail Station less than 1 mile |
| Status | ACTIVE |
| Directions | From I 95 go N on Business US 1 to Woodbourne Rd. turn Left at Woodbourne Rd. to past Oxford Valley Mall to Cornerstone development on right. |
| ModificationTimestamp | 2024-02-03T12:40:17 |
| City | LANGHORNE |
| Buyer Agent Compensation | 2 |
| Zoning Description | medical office |
| Total Units | 2 |
| MLS Area | Middletown Twp (10122) |
| Lot Size Square Feet | 0.00 |
| Tax Assessed Value | 40610.0 |
| Waterfront Y/N | No |
| Street Name | WOODBOURNE |
| Tax Annual Amount | 8700.0 |
| Property Condition | Excellent |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 822 |
| Location Type | Business Park |
| Builder Name | Coleman Roach |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 001-002-3C5 |
| Total Actual Rent | 443388.00 |
| Cap Rate | 6.80 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Carpet,Ceramic Tile |
| Hot Water | Natural Gas |
| Total Stories | 1 |
| Heating Y/N | Yes |
| Street Suffix | ROAD |
| Central Air Y/N | Yes |
| Total Restrooms | 4 |
| Entry Level | 1 |
Exterior Features
| Parking Features | Lighted Parking,Paved Parking |
|---|---|
| Water Source | Public |
| Type of Parking | Parking Lot |
| Land Use Code | 4400 |
| Foundation Details | Slab |
| Water View Y/N | No |
| Building Area Total | 0.00 |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 0.00 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Door Features | Double Entry |
| Other Equipment | Negotiable |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19047
Year Built
Walkscore
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