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215-225 Newtown Rd - Warminster Hospital 162,752 SF Health Care Building Offered For Sale in Wrightstown, PA 18974
INVESTMENT HIGHLIGHTS
- Former Abington Memorial Hospital, later known as Jefferson Hospital in Warminster
- The local area is a densely developed, middle-income suburban community
- The majority of the local area’s office space is located within developed office parks throughout the area
- The property sits on approximately 11.49 acres in Warminster Township, Bucks County, PA.
- Retail and commercial land uses predominantly line Street Road, with residential, industrial, and institutional land uses in the surrounding areas.
- The immediate area is predominately residential in nature, with residential subdivisions surrounding the property in each direction.
EXECUTIVE SUMMARY
Binswanger is pleased to exclusively offer 215 and 225 Newtown Road – the former Abington Memorial Hospital, later known as Jefferson Hospital in Warminster, which consists of a 142,482 SF (225 Newtown) hospital building as well as a 20,270 SF (215 Newtown) medical office building. The property sits on approximately 11.49 acres in Warminster Township, Bucks County, PA.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 162,752 SF |
| Property Type | Health Care | No. Beds | 153 |
| Property Subtype | Hospital | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1974/2004 |
| Lot Size | 11.49 AC | Parking Ratio | 2.46/1,000 SF |
| Zoning | R2 - an area for medium to high-density residential development. | ||
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Hospital |
| Building Class | B |
| Lot Size | 11.49 AC |
| Building Size | 162,752 SF |
| No. Beds | 153 |
| No. Stories | 4 |
| Year Built/Renovated | 1974/2004 |
| Parking Ratio | 2.46/1,000 SF |
| Zoning | R2 - an area for medium to high-density residential development. |
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PROPERTY TAXES
| Parcel Number | 49-024-039 | Improvements Assessment | $187,180 |
| Land Assessment | $47,120 | Total Assessment | $234,300 |
PROPERTY TAXES
Parcel Number
49-024-039
Land Assessment
$47,120
Improvements Assessment
$187,180
Total Assessment
$234,300
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215-225 Newtown Rd - Warminster Hospital
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