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1 Plumbridge Dr 1,897 SF Office Building Levittown, PA 19056 $439,900 ($231.89/SF)
Executive Summary
Many different commercial or professional possibilities available with multiple units allowed and all with separate entrances. Extremely high traffic corner location and substantial visibility including signage on major artery and close proximity to I 95 and US 1. High density of population within 1 mile with almost 1000 apartment units plus single homes and much commercial businesses. Building can be used as 1, 2 or 3 units. Currently being used as 3 units ( insurance office, accounting office, residential boarding unit (2nd floor) with owner occupying 1 of the units but commercial zoning allows for other commercial uses. Currently, boarding unit is rented month to month for $1000/month and accounting office rents $600/month. Owner pays all utilities as there is 1 HVAC unit and electric meter for the entire building. Building is in excellent move in condition with newer heat and central air conditioning, new roof 2022 and first floor bathroom currently being remodeled. See attachments for floor plan, parking plan, and tax map parcel. Property survey is available upon request.
Fantastic opportunity for a business owner to operate with almost 1600 sf. and/or collect rent to support mortgage. Owner will lease back for 2 small rooms with a separate entrance.
Property is priced as a business owner occupied property, with added rental income. It is NOT priced as an investment property. 90% financing available through SBA for qualified owner/user buyer. Monthly payment of principal and interest would be $2800/month and with $1600/month rental income, net mortgage payment to owner is only $1200/month.
Property has been a well known as a business location in the area since the 1960’s and continues to bring in business for current business occupants.
Current owner is looking to downsize to smaller quarters and will lease back 2 small rooms with separate entrance of building.
Fantastic opportunity for a business owner to operate with almost 1600 sf. and/or collect rent to support mortgage. Owner will lease back for 2 small rooms with a separate entrance.
Property is priced as a business owner occupied property, with added rental income. It is NOT priced as an investment property. 90% financing available through SBA for qualified owner/user buyer. Monthly payment of principal and interest would be $2800/month and with $1600/month rental income, net mortgage payment to owner is only $1200/month.
Property has been a well known as a business location in the area since the 1960’s and continues to bring in business for current business occupants.
Current owner is looking to downsize to smaller quarters and will lease back 2 small rooms with separate entrance of building.
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$6,300
|
$3.32
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,300
|
$3.32
|
Financial Summary (Actual - 2022)
| Taxes | |
|---|---|
| Annual | $6,300 |
| Annual Per SF | $3.32 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,300 |
| Annual Per SF | $3.32 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,897 SF
Building Class
C
Year Built/Renovated
1955/2020
Price
$439,900
Price Per SF
$231.89
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,897 SF
Building FAR
0.14
Lot Size
0.32 AC
Zoning
05R3 - mixed used commercial/residential
Parking
12 Spaces (6.33 Spaces per 1,000 SF Leased)
Amenities
- Day Care
- Fenced Lot
- Security System
- Signage
- Reception
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
- 800 SF
- -
- TBD
- -
State Farm began in 1922 when G.J. Mecherle founded the business in central Illinois as an auto insurance company built around fairness for farmers and other drivers. The company has since grown into a mutual insurer that offers auto, home, renters, life, health, and business coverage, along with financial services and claims support. State Farm’s public materials describe a long-running focus on helping customers manage everyday risks, recover from unexpected events, and plan for the future. Recent company reporting also shows a broad market presence across insurance and related services, with a wide network of agent offices serving millions of policies and accounts.
- TBD
- Real Estate
- 600 SF
- -
- TBD
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | 800 SF | - | TBD | - | |
| TBD | Real Estate | 600 SF | - | TBD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 05-021-044 | Total Assessment | $23,260 (2025) |
| Land Assessment | $5,800 (2025) | Annual Taxes | $6,300 ($3.32/SF) |
| Improvements Assessment | $17,460 (2025) | Tax Year | 2022 |
Property Taxes
Parcel Number
05-021-044
Land Assessment
$5,800 (2025)
Improvements Assessment
$17,460 (2025)
Total Assessment
$23,260 (2025)
Annual Taxes
$6,300 ($3.32/SF)
Tax Year
2022
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1 Plumbridge Dr
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