119 York Rd,WARMINSTER, PA 18974
WARMINSTER, PA 18974
Description
Excellent investment opportunity at 119 York Road featuring a mixed-use commercial property with multiple income streams and future potential. The property includes a second floor residential apartment generating $2,100/month with a lease in place through November 15, 2026. Additional income is produced from the rear parking lot leased to a car dealership at $1,200/month on a month-to-month basis, along with two additional parking spaces rented for $250/month total. The entire lower level is currently occupied by Smart Decor and offers flexible ground level commercial space, including a walk-in refrigerator. The lower level includes three bathrooms, one with a full shower. Utilities feature three electric zones (two commercial, one apartment) and a single water bill servicing the property. Heating is provided by two oil heaters (separate systems for apartment and commercial space) along with two mini-split units for additional climate control. The property also includes a storage shed with electric service, 32 parking spaces, and potential subdivision opportunities (buyer to verify with township). Ideal for investors or owner-users seeking strong cash flow with upside potential. The property has direct road access and frontage at the front and rear allowing convenient entry / exit options. There is a garage door opening at the rear of the building that was converted to a bar, but could be opened up again.
Details
| MLS # | PABU2114608 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1947 |
| Days On Site | 206 |
| Listing Provided By | Innovate Real Estate | Amanda Moeser |
Features
| Story(s) | 2 |
|---|---|
| Units | 2 |
| Zoning | C |
| Acreage | 0.54 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Masonry, Stucco |
| Foundation Details | Concrete Perimeter |
| Lot Features | Side Yard(s) |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Parking, Private |
Utilities
| Utilities | Natural Gas Available |
|---|
Taxes
| Tax Annual Amount | 12526 |
|---|
Area Information
| State | PA |
|---|---|
| County | BUCKS PA |
| City | WARMINSTER |
| Zip Code | 18974 |
| Area | Warminster Twp (10149) |
| Community Name | SPEEDWAY |
| School District | CENTENNIAL |
| Listing VS Median (in SPEEDWAY) | |
Price: $1,100,000 low | high Med: $442,450 On site: 206 low | high Med: 40.5 | |
Market Activity 18974
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Learn More About This Property
| State | PA |
|---|---|
| County | BUCKS PA |
| City | WARMINSTER |
| Zip Code | 18974 |
| Area | Warminster Twp (10149) |
| Community Name | SPEEDWAY |
| School District | CENTENNIAL |
| Listing VS Median (in SPEEDWAY) | |
Price: $1,100,000 low | high Med: $442,450 On site: 206 low | high Med: 40.5 | |
