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610 Louis Dr

11,364 SF Office Building Warminster, PA 18974 $1,975,000 ($174/SF)

Virtual Tour

Investment Highlights

  • Acquire two full-floor medical/office condos in a standalone building with abundant on-site parking and a recent building remodel.
  • First-floor condo: Office-heavy build-out with private offices, an executive suite, bullpen office area, large cubicle area, reception, and more.
  • Perfect location for a satellite surgical space, labs, urgent care locations, off-site medical offices, MRI centers, and outpatient testing.
  • Fully equipped property featuring ADA-compliant staff and patient restrooms, an IT room, and high-definition exterior surveillance cameras.
  • Second-floor condo: 2 surgical rooms, 2 procedure rooms, 2 exam rooms, a recovery room, clean lab, dirty lab, phlebotomy lab, and a biohazard room.
  • Prime location near several hospitals, such as Abington Memorial, Holy Redeemer Hospital and Medical Center, and Rothman Orthopaedic Specialty.

Executive Summary

Exceptional Dual Surgical/Medical/Office Condos for Sale at 610 Louis Drive – Your Prime Investment Opportunity in Bucks County!
Discover the unparalleled opportunity to own two contiguous, state-of-the-art Surgical, Medical, and Office Condos within the prestigious Warminster Atrium Complex in the heart of Bucks County, Pennsylvania. Perfectly positioned in a thriving community that hosts a variety of professional and medical offices, 610 Louis Drive stands out as a premier standalone, two-story property spanning 10,000 square feet.
Key Features:
Prime Location: Situated in a highly visible and accessible area, just minutes from Doylestown, Philadelphia and conveniently located between New York City and Washington, DC, ensuring a steady flow of clients and patients.
Modern Interiors: Enjoy high-quality LVT and sheet vinyl flooring with welded seams in labs and procedure rooms, complemented by all-new LED lighting that enhances the professional ambiance.
Accessibility & Convenience: Equipped with an interior elevator, ADA-compliant restrooms for both staff and patients, and abundant parking just steps from the entrance for maximum convenience.
Top-Notch Security: Peace of mind with high-definition exterior surveillance cameras and a robust alarm system safeguarding your investment.
Versatile Layout: Each 5,000-square-foot condo boasts its own separate parcel number, offering flexibility for various medical and professional uses.
Condo Highlights:
Second-Floor Condo – Comprehensive Medical Facilities:
Secure Reception Area: Featuring highly secure doors and other security enhancements.
Complete Surgical Center: Includes two surgical rooms, two procedure rooms, two exam rooms, and a recovery room.
Specialized Labs: Equipped with a clean lab, dirty lab, phlebotomy lab, and a biohazard room.
Support Areas: Multiple consultation rooms, restrooms, a nursing station, a kitchen/break room, and a locker room ensure seamless operations.
Ground-Level Condo – Dynamic Office Space:
Executive Suite: Includes a private conference room and a side office for support staff.
Flexible Workspaces: Multiple private offices, a large training room with space for video equipment, a spacious cubical office area, a private reception room, and a bullpen office area cater to diverse business needs.
Investor Advantages:
Recent Enhancements: Benefit from $850,000 (2019) in capital improvements, ensuring the property is modern and move-in ready.
Strong Demographics: Located in an area with a highly educated workforce and an average household income over $120,000, fostering a robust local market.
Strategic Market Position: Proximity to major cities and home to many leading healthcare providers, creating valuable synergies for medical practices.
Ideal For:
Hospitals and Healthcare Providers: Perfect for satellite surgical rooms, urgent care locations, off-site medical offices, MRI centers, outpatient testing facilities, and more.
Professional Offices: Suitable for entities such as LabCorp, Quest Diagnostics, Patient First, Jefferson Urgent Care, and Temple Ready Care.
610 Louis Drive is not just a property; it's a strategic investment poised for growth in a flourishing market. Whether you’re an investor seeking a high-return asset or a medical professional looking for a state-of-the-art facility, this is your chance to secure a landmark location in Bucks County. A new owner user has the option to use the condo of their choice while leasing the other for added income.
Don’t miss out on this exceptional opportunity! Contact us today to schedule a private tour and take the first step towards owning a premier property in one of Pennsylvania’s most sought-after areas.

Sale Flyer

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,364 SF
Building Class
B
Year Built/Renovated
1995/2019
Price
$1,975,000
Price Per SF
$174
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Slab To Slab
12’
Building FAR
0.27
Land Acres
0.97 AC
Zoning
IL, Warminster Twp
Parking
80 Spaces (8 Spaces per 1,000 SF Leased)

Amenities

  • Bio-Tech/ Lab Space
  • Conferencing Facility
  • Security System
  • Wheelchair Accessible
  • Kitchen
  • Storage Space
  • DDA Compliant
  • Direct Elevator Exposure
  • Partitioned Offices
  • Air Conditioning

About Bucks County

Bucks County is home to more than 200,000 college-educated residents, and its average household income surpasses $120,000. These prosperous demographics, combined with the area’s strategic location minutes from Philadelphia and also midway between New York City and Washington, D.C. support a thriving office local market.

A range of communications, technology, and consumer products firms including Comcast, Verizon, L3 Technologies, Lenox, and Crown Holdings all maintain large offices here. Growing healthcare providers and research firms such as Capital Health, Amplity Health, and Syneous Health also make up a large share of the tenant base. Nearby hospitals including Doylestown Hospital, Grand View Hospital, Abington Memorial Hospital, and Jefferson Bucks Hospital provide major anchors of economic activity.

Thanks to the presence of major highways including interstates 95 and 295, the Pennsylvania Turnpike, and seven regional rail stations, office tenants in Bucks County can source their staff from a wide swath of the Philadelphia metro area, its northern suburbs, as well as Central and Southern New Jersey.

A wealth of fine dining establishments in towns such as Doylestown and Newtown provide local employers with plenty of venues for formal networking. Meanwhile shopping centers and malls, including the Shops at Valley Square, Oxford Valley Mall, and Neshaminy Mall, give local office workers a range of nearby fast casual lunch options.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
10,094
81,473
170,707
2024 Population
12,110
85,846
176,099
Population Growth '20-'24
20.0%
5.4%
3.2%
2020 Households
4,436
32,917
65,080
2024 Households
5,308
34,856
67,423
Household Growth '20-'24
19.7%
5.9%
3.6%
Average Age
45
44
43
Median Household Income
$78,785
$87,186
$100,587
Daytime Employees
11,278
35,810
94,128
Total Businesses
1,012
4,151
10,512
College Degree + Higher
36%
34%
42%

Nearby Amenities

Hospitals

Abington Memorial Hospital Acute Care 16 min drive 6.8 mi
Holy Redeemer Hospital and Medical Center Acute Care 15 min drive 8.2 mi
Rothman Orthopaedic Specialty Hospital Acute Care 17 min drive 9.4 mi
Doylestown Hospital Acute Care 17 min drive 9.7 mi
Jeanes Hospital Acute Care 20 min drive 11.3 mi

Restaurants

Taco Suave Latin American $ 5 min walk
Chipotle - - 9 min walk
Mission BBQ Barbecue $$$ 9 min walk
Steak N Shake Fast Food $$$ 8 min walk
Popeyes Louisiana Kitchen - - 8 min walk
Pizza Hut - - 11 min walk
Santucci Square Pizza & Restaurant Italian $$$ 12 min walk
Auntie Anne's Bakery - 13 min walk
China Wok Asian $ 16 min walk
Dunkin' Cafe - 16 min walk

Retail

The Cleaning Authority Cleaners 1 min walk
Farmers Insurance Accessory 2 min walk
Truist Bank 7 min walk
Mattress Warehouse Furniture/Mattress 9 min walk
Sherwin-Williams Paint/Wallpaper 11 min walk
7-Eleven Convenience Market 11 min walk
Costco Wholesale Wholesale Club 14 min walk
Woodforest National Bank Bank 13 min walk
Wawa Convenience Market 15 min walk

Hotels

Holiday Inn Express
92 rooms
4 min drive
Home2 Suites by Hilton
106 rooms
4 min drive

Sale Advisor

Sale Advisor

(215) 379-2002
Contact
Mark Orehowsky, Agent
(215) 379-2002
Contact
Call Mark when Buying or Selling in PA or NJ. Whether you are buying, selling, or investing he can provide you with the highest level of professionalism and the latest in technology to help you navigate through today's real estate market. Mark has more than 25+ years of experience listening to his clients' concerns and providing the best possible customer service and solutions. Marks' success is always based on his clients' satisfaction. As an investment property owner he knows first-hand that you are looking for an honest advocate who is experienced and savvy in the local market. Coldwell Banker provides him with cutting edge tools and services that help support his commercial, industrial and residential business in a rapidly changing marketplace.
  • Listing ID: 32059983

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: 610 Louis Dr, Warminster, PA 18974

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