Office Space
6542 Lower York Road New Hope, PA 18938
Details & Description
Price: $1,300,000
    Exceptional and rare multi-unit office investment opportunity located in the highly desirable Logan Square complex in New Hope, Pennsylvania. The offering consists of four (4) income producing units. Total gross rentable area is 4,667 square feet occupied by quality tenants with good rental history. Excellent location in a well recognized condominium community hosting distinctive shops and offices. Conveniently located in a dense retail trade area. Amenities rich location with strong demographic profile.HighlightsOffice investment opportunityMulti-unit office portfolioCondo-fee simpleMaintenance free exteriorLocated in Logan Square, New HopeDominant retail and office complex100% occupancy4,667 SF gross leasable areaQuality tenant mix of primarily medical tenantsLocated in New Hope, Bucks County$153,408 average household income within 5-mile radiusAmenities rich locationClose proximity to Lambertville, Doylestown and Peddler's VillageConvenient to Route 202, Route 413 and Route 27
    Listing Agents
    Chichi Ahia

    O: 217-757-2500
    M: 267-981-9110
    chichi.ahia@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    6542 Lower York Road

    New Hope, PA 18938

    Listing ID: 207369
    • 6542 Lower York Road New Hope, PA 18938 | for Sale | Photo 1
    • 6542 Lower York Road New Hope, PA 18938 | for Sale | Photo 2
    • 6542 Lower York Road New Hope, PA 18938 | for Sale | Photo 3
    6542 Lower York Road | for Sale | Thumbnail 1
    6542 Lower York Road | for Sale | Thumbnail 2
    6542 Lower York Road | for Sale | Thumbnail 3
    Building Size: 4,667 SF
    Lot Size: 6.800 AC
    Land Size: 296,208 SF
    Building $/SF: $278.55
    Land $/SF: $4.39
    Price
    $1,300,000
    Description

    Exceptional and rare multi-unit office investment opportunity located in the highly desirable Logan Square complex in New Hope, Pennsylvania. The offering consists of four (4) income producing units. Total gross rentable area is 4,667 square feet occupied by quality tenants with good rental history. Excellent location in a well recognized condominium community hosting distinctive shops and offices. Conveniently located in a dense retail trade area. Amenities rich location with strong demographic profile.

    Highlights

    Office investment opportunity

    Multi-unit office portfolio

    Condo-fee simple

    Maintenance free exterior

    Located in Logan Square, New Hope

    Dominant retail and office complex

    100% occupancy

    4,667 SF gross leasable area

    Quality tenant mix of primarily medical tenants

    Located in New Hope, Bucks County

    $153,408 average household income within 5-mile radius

    Amenities rich location

    Close proximity to Lambertville, Doylestown and Peddler's Village

    Convenient to Route 202, Route 413 and Route 27

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Philadelphia History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    New Hope Area Market Trends

    Listing Demographics for 6542 Lower York Road New Hope, PA 18938

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2,20715,01926,732
    Population Median Age484747
    Population by Age0-9 Yrs138 (6%)860 (5%)2006 (7%)
    10-19 Yrs259 (11%)1955 (13%)3363 (12%)
    20-29 Yrs122 (5%)1060 (7%)1779 (6%)
    30-39 Yrs188 (8%)1245 (8%)2042 (7%)
    40-49 Yrs320 (14%)2095 (13%)3442 (12%)
    50-59 Yrs460 (20%)2984 (19%)5125 (19%)
    60-69 Yrs344 (15%)2528 (16%)4474 (16%)
    70+ Yrs376 (17%)2292 (15%)4502 (16%)
    Median HH Income$111,378$104,566$111,701
    Total Household Income< 24K84 (8%)692 (10%)1013 (8%)
    25-49K117 (11%)746 (11%)1325 (11%)
    50-74K141 (14%)1088 (16%)1604 (14%)
    75-99K100 (10%)676 (10%)1082 (9%)
    100-199K278 (28%)1825 (27%)3167 (28%)
    200K+263 (26%)1675 (24%)3107 (27%)
    Highest Education LevelNo Diploma73488832
    Diploma or GED21017483199
    Some College24517172953
    Assoc. Degree966551135
    Bachelors Degree62039686663
    Higher Degree47131075653
    Total Housing Units1,1327,52712,488
    --Owner-Occupied7474,7358,798
    --Renter-Occupied2361,9672,500
    Owner-Occupied Values< 100K1892163
    100-199K23135296
    200-299K55341667
    300-399K15410201489
    400-499K865811000
    500K+41225655183
    Total Working Age Population1,89612,90722,616
    In Work Force1,1758,30913,972
    Not In Work Force7224,5988,644
    Workforce Employed1,1418,08513,600
    Workforce Unemployed34225372
    Civlian Workforce1,1758,30913,972
    Military Workforce000
    Total Households9836,70211,298
    Family Households6584,4247,972
    Non-Family Households3252,2783,326
    Married Couple5583,6296,847
    Other Family1007941,125
    Married w/Child1651,2422,265
    Single Male w/Child10113242
    Single Female w/Child31286317

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Hunterdon County121,989+5128,349-3124,200-3120,700
    Mercer County350,761+4366,513+3379,000+5397,400
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Bucks County597,635+5625,249+1629,420+1637,730
    Montgomery County750,097+7799,874+5838,883+6891,868

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 6542 Lower York Road in New Hope?
    The asking price for 6542 Lower York Road is $1,300,000
    What is the building size of this Office property in New Hope, PA?
    The size of the building/unit at 6542 Lower York Road in New Hope is 4,667 square feet
    How much land does the New Hope, PA property at 6542 Lower York Road include?
    6542 Lower York Road in New Hope includes 6.800 acres of land
    What kind of Office is the propery at 6542 Lower York Road?
    The property at 6542 Lower York Road New Hope, PA 18938 is listed as a Professional Office property
    What is the population within 1 mile of 6542 Lower York Road in New Hope?
    The population within 1 mile of 6542 Lower York Road New Hope, PA 18938 is 2,207 people.
    Who do I contact for questions about 6542 Lower York Road?
    You should contact the listing agent, Chichi Ahia, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Philadelphia International Airport (PHL) 36
    Newark Liberty International Airport (EWR) 48
    La Guardia Airport (LGA) 65