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.
Warminster is located in Pennsylvania. Warminster, Pennsylvania has a population of 33,442. Warminster is less family-centric than the surrounding county with 23.85% of the households containing married families with children. The county average for households married with children is 32.42%.
The median household income in Warminster, Pennsylvania is $80,265. The median household income for the surrounding county is $99,302 compared to the national median of $69,021. The median age of people living in Warminster is 47.9 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 47.8 inches per year, with 19.6 inches of snow per year.
