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Real Estate, Business & Liquor License 119 York Rd 3,500 SF Retail Building Warminster, PA 18974 $1,100,000 ($314.29/SF)
Investment Highlights
- 3 bedroom apartment rental
- great revenue stream for owner operators
- 32 parking spots
Executive Summary
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.
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$12,526
|
$3.58
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$12,526
|
$3.58
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $12,526 |
| Annual Per SF | $3.58 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $12,526 |
| Annual Per SF | $3.58 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
B
Year Built
1947
Price
$1,100,000
Price Per SF
$314.29
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.15
Lot Size
0.54 AC
Zoning
C - Commercial
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Courtyard
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-018-074 | Total Assessment | $57,480 |
| Land Assessment | $36,400 | Annual Taxes | $12,526 ($3.58/SF) |
| Improvements Assessment | $21,080 | Tax Year | 2025 |
Property Taxes
Parcel Number
49-018-074
Land Assessment
$36,400
Improvements Assessment
$21,080
Total Assessment
$57,480
Annual Taxes
$12,526 ($3.58/SF)
Tax Year
2025
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Real Estate, Business & Liquor License | 119 York Rd
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