Specialty Real Estate
50 Penn Avenue Morrisville, PA 19067

Details & Description

Price: $750,000

Exceptional and rare redevelopment opportunity. Available for immediate sale is the former Manor Park elementary school located in Morrisville Borough, PA. The site is comprised of a free standing building former educational facility measuring approximately 14,560 situated upon a 1.68 ± acre parcel of ground. Present allocation includes various classrooms, all purpose room, several restrooms, a kitchen area and two faculty areas. Prominent presence with school grounds, adequate parking and outside playground area. The property rests in a densely populated residential area, with easy access to all major roads, New Jersey and Philadelphia.HighlightsRare redevelopment opportunityFormer elementary school facility14,560 SF building1.68 acre level parcelExcellent quality of constructionHigh adaptive reuse potentialClose proximity to major highways and routesClose proximity to New Jersey

Property ID: 207439
Property URL: melqr.com/207439
Generated: 04-30-24

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.

Pennsylvania / Morrisville / 19067 / 50 Penn Avenue

50 Penn Avenue

Morrisville, PA 19067

Listing ID: 207439

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Building Size: 14,560 SF

Lot Size: 1.680 AC

Land Size: 73,180 SF

Building $/SF: $51.51

Land $/SF: $10.25

Price

$750,000

Description

Exceptional and rare redevelopment opportunity. Available for immediate sale is the former Manor Park elementary school located in Morrisville Borough, PA. The site is comprised of a free standing building former educational facility measuring approximately 14,560 situated upon a 1.68 ± acre parcel of ground. Present allocation includes various classrooms, all purpose room, several restrooms, a kitchen area and two faculty areas. Prominent presence with school grounds, adequate parking and outside playground area. The property rests in a densely populated residential area, with easy access to all major roads, New Jersey and Philadelphia.
Highlights
Rare redevelopment opportunity
Former elementary school facility
14,560 SF building
1.68 acre level parcel
Excellent quality of construction
High adaptive reuse potential
Close proximity to major highways and routes
Close proximity to New Jersey

Attachments & Files

om-50pennavemorrisville-0ct-Et8.pdf

Points of Interest & Demographic Radii

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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 Specialty Real Estate for Sale

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Listing Demographics for 50 Penn Avenue Morrisville, PA 19067

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 Population		14,203	134,271	253,938
Population Median Age		38	36	38
Population by Age	0-9 Yrs	1777 (12%)	19461 (14%)	31316 (12%)
	10-19 Yrs	1593 (11%)	18014 (13%)	33063 (13%)
	20-29 Yrs	1812 (12%)	19161 (14%)	36761 (14%)
	30-39 Yrs	2411 (16%)	19880 (14%)	34771 (13%)
	40-49 Yrs	1861 (13%)	17816 (13%)	31912 (12%)
	50-59 Yrs	2001 (14%)	17788 (13%)	35625 (14%)
	60-69 Yrs	1427 (10%)	13010 (9%)	28214 (11%)
	70+ Yrs	1320 (9%)	9141 (6%)	22276 (8%)

Median HH Income		$45,064	$48,273	$63,796
Total Household Income	< 24K	1929 (34%)	13498 (28%)	19171 (21%)
	25-49K	1008 (18%)	10598 (22%)	17740 (19%)
	50-74K	950 (17%)	7921 (16%)	15441 (16%)
	75-99K	567 (10%)	5187 (11%)	11918 (13%)
	100-199K	823 (14%)	7472 (15%)	20912 (22%)
	200K+	274 (4%)	2060 (4%)	5805 (6%)

Highest Education Level	No Diploma	2147	18477	25567
	Diploma or GED	3090	29780	56364
	Some College	1996	17796	33325
	Assoc. Degree	569	4653	10766
	Bachelors Degree	1567	10114	26489
	Higher Degree	685	6502	17370

Total Housing Units		6,415	55,516	102,952
--Owner-Occupied		2,387	22,179	53,417
--Renter-Occupied		3,165	24,556	37,569
Owner-Occupied Values	< 100K	427	7333	8644
	100-199K	1025	7102	15117
	200-299K	616	3477	16545
	300-399K	133	1927	6798
	400-499K	59	1059	3021
	500K+	129	1281	3292

Total Working Age Population		11,417	103,697	204,164
In Work Force		7,022	66,309	132,497
Not In Work Force		4,396	37,388	71,666
Workforce Employed		6,500	59,967	122,205
Workforce Unemployed		522	6,231	10,095
Civlian Workforce		7,022	66,198	132,299
Military Workforce		0	111	198

Total Households		5,552	46,735	90,987
Family Households		3,009	29,434	58,437
Non-Family Households		2,543	17,301	32,550
Married Couple		1,721	16,068	37,683
Other Family		1,288	13,366	20,754
Married w/Child		595	6,906	14,682
Single Male w/Child		80	1,167	1,775
Single Female w/Child		525	6,053	8,326

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Jersey	8,414,350	+4	8,791,894	+4	9,132,700	+4	9,530,900
Burlington County	423,394	+6	448,734	0	450,000	+3	464,900
Mercer County	350,761	+4	366,513	+3	379,000	+5	397,400
Pennsylvania	12,281,054	+3	12,702,379	+4	13,230,170	+4	13,759,594
Bucks County	597,635	+5	625,249	+1	629,420	+1	637,730

Total Working Age Population:

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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 50 Penn Avenue in Morrisville?

The asking price for 50 Penn Avenue is $750,000

What is the building size of this Specialty property in Morrisville, PA?

The size of the building/unit at 50 Penn Avenue in Morrisville is 14,560 square feet

How much land does the Morrisville, PA property at 50 Penn Avenue include?

50 Penn Avenue in Morrisville includes 1.680 acres of land

What kind of Specialty is the propery at 50 Penn Avenue?

The property at 50 Penn Avenue Morrisville, PA 19067 is listed as a Education/Day Care Specialty property

What is the population within 1 mile of 50 Penn Avenue in Morrisville?

The population within 1 mile of 50 Penn Avenue Morrisville, PA 19067 is 14,203 people.

Who do I contact for questions about 50 Penn Avenue?

You should contact the listing agent, Chichi Ahia, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Philadelphia International Airport (PHL)	34
Newark Liberty International Airport (EWR)	46
John F Kennedy International Airport (JFK)	60