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2 Pheasant Run 10,400 SF Flex Building Newtown, PA 18940 $2,500,000 ($240.38/SF)
Executive Summary
10,400sf Flex Warehouse building in the desirable Newtown Business Commons located on a highly visible corner 2.21 acre lot zoned light industrial; approx 2000sf of office space and 8400sf of warehouse with one drive in door and one tailgate door; 16' floor to ceiling beam in warehouse; 25' x 40' column spacing; 480V, 3 phase electric; natural gas heating and central air; 4 bathrooms; expansion potential; Newtown Township is open to many new potential uses in the Business Commons (see recent Overlay District proposal); warehouse/flex space is difficult to find and especially hard to find in Newtown; convenient to I-295, Route 1 and the PA Turnpike as well as restaurants, shopping centers and Historic Newtown Borough
Property Facts
| Price | $2,500,000 | No. Stories | 1 |
| Price Per SF | $240.38 | Year Built | 1973 |
| Sale Type | Investment | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 2.5/1,000 SF |
| Property Subtype | Flex Research & Development | Clear Ceiling Height | 16’ |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Lot Size | 2.21 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 10,400 SF | Cross Streets | Penn St |
| Zoning | LI, Newtown Twp - Light Industrial | ||
| Price | $2,500,000 |
| Price Per SF | $240.38 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 2.21 AC |
| Rentable Building Area | 10,400 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Tenancy | Single |
| Parking Ratio | 2.5/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | Penn St |
| Zoning | LI, Newtown Twp - Light Industrial |
Amenities
- Air Conditioning
Utilities
- Water - City
- Sewer - City
- Heating - Gas
1 1
Property Taxes
| Parcel Number | 29-010-147 | Improvements Assessment | $95,000 |
| Land Assessment | $47,400 | Total Assessment | $142,400 |
Property Taxes
Parcel Number
29-010-147
Land Assessment
$47,400
Improvements Assessment
$95,000
Total Assessment
$142,400
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2 Pheasant Run
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