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2 Pheasant Run 10,400 SF Flex Building Newtown, PA 18940 $2,750,000 ($264.42/SF)

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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 $2,750,000
Price Per SF $264.42
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-010-147
Land Assessment
$47,400
Improvements Assessment
$95,000
Total Assessment
$142,400
  • Listing ID: 34790115

  • Date on Market: 2/11/2025

  • Last Updated:

  • Address: 2 Pheasant Run, Newtown, PA 18940

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