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136 Bellevue Ave 2,220 SF Retail Building Penndel, PA 19047 $375,000 ($168.92/SF)
Investment Highlights
- Offered with adjacent 132 Bellevue Avenue for 4 total units.
- Two move-in ready apartments with strong rental potential.
- FHA-eligible 4-unit investment opportunity.
- High-visibility location ideal for office or practice use.
- Private rear entry and yard for added tenant appeal.
- Live-work or full rental income flexibility.
Executive Summary
Here is an investment opportunity that could cover a wide range of uses. 132 and 136 Bellevue Avenue are being offered together, totaling four income-producing units in a highly visible and versatile location. This property is ideal for investors seeking a hybrid-use asset with strong rental upside and owner-occupant flexibility.
Positioned in a well-trafficked corridor, the property offers excellent visibility for a public-facing office, private practice, or residential use. The rear of the building features a private entry and yard, enhancing privacy and access for tenants or owners. The two upstairs apartments are in move-in ready condition, with market rents estimated between $1,800 and $2,200 per month, offering immediate cash flow potential.
This asset qualifies for FHA’s commercial 4-unit financing, making it an accessible entry point for owner-occupants or investors looking to leverage favorable lending terms. The ability to live in one unit while renting out the other three creates a compelling live-work or income-generating scenario.
Located in a desirable area with strong community amenities and proximity to services, this is a must-see property for buyers seeking location, flexibility, and income.
Positioned in a well-trafficked corridor, the property offers excellent visibility for a public-facing office, private practice, or residential use. The rear of the building features a private entry and yard, enhancing privacy and access for tenants or owners. The two upstairs apartments are in move-in ready condition, with market rents estimated between $1,800 and $2,200 per month, offering immediate cash flow potential.
This asset qualifies for FHA’s commercial 4-unit financing, making it an accessible entry point for owner-occupants or investors looking to leverage favorable lending terms. The ability to live in one unit while renting out the other three creates a compelling live-work or income-generating scenario.
Located in a desirable area with strong community amenities and proximity to services, this is a must-see property for buyers seeking location, flexibility, and income.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,220 SF
Building Class
C
Year Built
1900
Price
$375,000
Price Per SF
$168.92
Tenancy
Single
Building Height
2 Stories
Building FAR
0.93
Lot Size
0.06 AC
Zoning
32RC
Frontage
19’ on Bellevue Ave
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-003-153 | Improvements Assessment | $18,480 |
| Land Assessment | $3,920 | Total Assessment | $22,400 |
Property Taxes
Parcel Number
32-003-153
Land Assessment
$3,920
Improvements Assessment
$18,480
Total Assessment
$22,400
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136 Bellevue Ave
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