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1609 Woodbourne Rd - Woodbourne Professional Center - Building 100
4,000 SF Office/Medical Condo Unit Offered at $550,000 in Levittown, PA 19057
Investment Highlights
- The 4,000 square foot medical office condo features modern infrastructure, including ample parking and ADA compliance
- Conveniently located near major highways such as I-95 and the Pennsylvania Turnpike
- Located in Levittown, PA, within the rapidly growing Philadelphia Metropolitan Statistical Area (MSA), ensuring high visibility and accessibility
- The local area has a population of over 52,000 within a 3-mile radius and a median household income of approximately $75,000
- The local area has seen a 10% population growth over the past decade, coupled with a strong and stable regional economy
Executive Summary
This 4,000 square foot medical office condo presents a prime investment opportunity in the thriving Philadelphia Metropolitan Statistical Area (MSA). The Philadelphia MSA has experienced a 15% growth in the medical office market over the past five years, driven by an aging population, advancements in healthcare technology, and a stable regional economy. The area around Levittown boasts a population of over 52,000 within a 3-mile radius, with a median household income of approximately $75,000, indicating a robust economic base and a strong demand for medical services. The property’s strategic location on Woodbourne Rd, with an average daily traffic count of approximately 20,000 vehicles, ensures high visibility and accessibility. This modern facility, equipped with essential medical office amenities including ample parking and ADA compliance, is ideally suited for various medical practices such as primary care, specialty clinics, and diagnostic centers.
Property Facts
| Price | $550,000 | Sale Type | Investment or Owner User |
| Unit Size | 4,000 SF | Building Class | B |
| No. Units | 1 | Floors | 1 |
| Total Building Size | 7,750 SF | Typical Floor Size | 7,750 SF |
| Property Type | Office (Condo) | Year Built | 1988 |
| Property Subtype | Medical | Lot Size | 0.18 AC |
| Price | $550,000 |
| Unit Size | 4,000 SF |
| No. Units | 1 |
| Total Building Size | 7,750 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 7,750 SF |
| Year Built | 1988 |
| Lot Size | 0.18 AC |
1 Unit Available
Unit 303A
| Unit Size | 4,000 SF | Sale Type | Investment or Owner User |
| Price | $550,000 | Cap Rate | 13.09% |
| Price Per SF | $137.50 | NOI | $72,000 |
| Condo Use | Office/Medical | APN/Parcel ID | 22-055-223-303-A, 22-055-223-303-B, 22-055-223-304-A, 22-055-223-304-B |
| Unit Size | 4,000 SF |
| Price | $550,000 |
| Price Per SF | $137.50 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 13.09% |
| NOI | $72,000 |
| APN/Parcel ID | 22-055-223-303-A, 22-055-223-303-B, 22-055-223-304-A, 22-055-223-304-B |
Description
Discover this modern, spacious 4,000 square foot medical office condo at 1609 Woodbourne Rd in Levittown, PA, featuring ample parking and a prime location. Perfectly suited for various medical practices, this high-visibility property offers the ideal environment to serve a growing patient base in the vibrant Philadelphia MSA.
Sale Notes
Prime investment opportunity an owner/user looking to grow their business. A savvy investor can re-tenant the property and pocket the instant equity growth.
Amenities
- Air Conditioning
zoning
| Zoning Code | 22R2 (Professional District) |
| 22R2 (Professional District) |
-
Brian Higgins -
Marcus & Millichap
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1609 Woodbourne Rd - Woodbourne Professional Center - Building 100
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