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28155262
15323940

221 Lower Morrisville Road, Fallsington, PA 19054 For Sale

JL
PA NJ 1757544
NAI Mertz
JL
PA RB043368C
NAI Mertz, Philly Metro
Listed by NAI Mertz, NAI Mertz, Philly Metro
Unpriced
879 days on market
Updated 24 days ago

221 Lower Morrisville Road

Details
APN 013-032-083-001
Property Type Industrial
Sub Type Warehouse
Square Footage 16,000
Units 3
Occupancy 100%
Tenancy Multi
Year Built 1971
Year Renovated 2013
Buildings 1
Stories 1
Acreage 1.196
Zoning PIP - Planned Industrial Park
Parking Spaces 30 spaces
Parking per 1,000 SqFt 1.88
Ceiling Height 13'6" - 16'5" to beam; 16' - 19'10" to insulation
Loading Docks 2
Dock High Doors 2

Fully Leased Industrial Investment | 16,000 SF

Marketing description

Fully leased, one-story, multi-tenant, industrial/investment building currently configured into three units. Each unit is clear-span.

BUILDING SIZE: 16,000 SF +/- currently configured as follows: Unit B - 4,000 SF +/-; Unit C - 8,000 SF +/- this section encompasses the former unit A; Unit D - 4,000 SF +/-

BUILDING DIMENSIONS: 100' x 160' +/-. Units B & D - 50' x 80'+/- each; Unit C - 50' x 160'+/-

LOT SIZE: 1.196+/- acres

DATE CONSTRUCTED: 1971; extensive renovations completed in 2013

CONSTRUCTION: Walls: Painted metal panels & steel framing; Structure: Steel bar joists & I-beams with concrete footings & foundation walls; Floor: 6" reinforced concrete slab over crushed stone base (assumed but not verified); Roof: Built-up asphalt cover with insulation underneath over metal deck

CEILING HEIGHT: 13'6" - 16'5" +/- to beam; 16' - 19'10" +/- to insulation

LOADING: Unit B: One insulated drive-in door (14' x 10'+/- wide); Unit C: Two drive-in doors (14' x 10'+/-) and one drive-in door (10'x10'+/-); Unit D: Two tailgate docks accessed via exterior, covered platform and one drive-in door (12' x 10'+/- wide)

PARKING: 30+/- spaces plus lot area for truck staging and loading

WATER/SEWER: Municipal

ZONING: PIP - Planned Industrial Park

REAL ESTATE TAXES: $14,142/$0.88 PSF (2023)

LEASE/INCOME INFORMATION: Details to be provided upon execution of a Confidentiality Agreement.

Investment highlights

  • Fully leased, one-story, multi-tenant industrial/investment building
  • Three clear-span units (Unit B: 4,000 SF, Unit C: 8,000 SF, Unit D: 4,000 SF)
  • 16,000 SF +/- total building size on 1.196+/- acres
  • Extensive renovations completed in 2013
  • Zoning: PIP - Planned Industrial Park
  • Real Estate Taxes: $14,142/$0.88 PSF (2023)
  • LEASE/INCOME INFORMATION: Details to be provided upon execution of a Confidentiality Agreement

Listing Contacts

JL
PA NJ 1757544
NAI Mertz
JL
PA RB043368C
NAI Mertz, Philly Metro
Listed by NAI Mertz, NAI Mertz, Philly Metro

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Additional Information

Name
Jared Licht
License
NJ 1757544
Brokerage
NAI Mertz
Brokerage Phone
2158473730
Title
Director
Brokerage Address
210 East Street Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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