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.
Listed By
Agency Name: Innovate Real Estate
Agency Phone: 2673676626
Shown By
Agent Name: Dawn Hickernell
Agent Phone: (717) 507-3549
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
119 York Road | MLS# PABU2114608
This commercial property located at 119 York Road, Warminster, PA 18974 is currently listed for sale with an asking price of $1,100,000. York Road is located within the CENTENNIAL school district. Search Warminster real estate on www.dawnhickernell.com today.