670 Woodbourne Road 704 & 706, Langhorne, Pennsylvania 19047
Listing IDPABU2016766
Price$9,000,000
StatusACTIVE
CountyBucks
Year Built2005
Property TypeCommercial Sale
Property Sub TypeServices
This opportunity is a currently operating and fully equipped turn-key Class C medical/surgical center in Langhorne, Bucks County just outside Oxford Valley Mall in beautiful professional/medical condo office park and very close and easy accessibility to all major highways, interstates and turnpikes. There are 3 major hospitals within 5 miles for support services and several senior and adult communities along with a density of population. Facility encompasses over 10,000 square feet with 7400 square feet in the surgical center and 2700 square feet in the medical center. It is one building but its operations are separated by an entry vestibule and they are 2 completely separate operations with separate entrances, but have interior access between them for staff only.
The surgical center has 2 full operating rooms and 6 recovery stations along with reception, waiting room, locker and changing rooms, medical supply room, break room, etc.
The medical center has reception, waiting room, exam rooms, offices, supply room, etc.
The facility is currently operated by only one doctor/surgeon and a staff of nurses and office personnel. The doctor only performs surgeries twice a week and states that the gross revenue of the surgery center alone generates over one million dollars per year.
The owner/doctor is a board certified neurosurgeon and most surgeries at the present time are hip and spine surgeries. While his main reason for selling is to retire, he will consider staying on and transitioning a new group of doctors for up to one year.
The facility is in excellent condition and much effort is taken to keep the facility free and clear of contamination. All equipment is newer and none is more than 10 years old.
This is an excellent opportunity for a group of doctor/surgeons to be independent as the facility is highly underutilized by the current doctor and has the ability to increase gross revenue dramatically.
The price includes all real estate, business, equipment, and all medical instruments and supplies. Everything is provided to continue to operate on day one without the need for any downtime.
If interested, there are 5 folders encompassing over 100 pictures of the entire facility that can be emailed by request.
Monthly condo fee: $3009.00
County
Bucks
Property Sub Type
Services
Property Type
Commercial Sale
Subdivision
CORNERSTONE
Year Built
2005
Zoning
MI
Building Total SqFt Source
Assessor
Central Air
yes
Cooling Type
Central A/C
Flooring Type
Carpet, Ceramic Tile
Heating
yes
Heating Type
Forced Air, Central
Building Units Total
2
Construction Materials
Masonry, Shingle Siding, Stucco
Cooling Fuel
Electric
Foundation Details
Slab
Heating Fuel
Natural Gas
Hot Water
Natural Gas
Lot Dimensions Source
Assessor
Lot Size Dimensions
0.00 x 0.00
Lot Size Source
Assessor
Lot Size Units
Square Feet
New Construction
no
Parking Features
Lighted Parking, Paved Parking
Sewer Septic
Public Sewer
Tidal Water
no
Type of Parking
Parking Lot
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Building Name
CORNER BUILDING BACKING TO WOODS
Country
US
Location Type
Business Park
MLS Area
Middletown Twp (10122)
Municipality
MIDDLETOWN TWP
Transportation
Commuter Rail Station less than 1 mile
Waterfront
no
Zoning Description
medical office
Accessibility Features
48"+ Halls, Level Entry - Main, No Stairs, Wheelchair Mod
Building Classification
Class B
Business Type
Medical, Professional
Days on Market
112
Land Use Code
4400
Municipal Trash
no
Potential Tenancy
Multiple
Property Condition
Excellent
Property Manager
N
Property Use
Owner User
Year Assessed
2022
Year Built Source
Estimated
Acceptable Financing
Cash, Conventional, Industrial Development Authority
Automatically Update Tax Values
yes
Exclusions
Private patient charts, medical equipment
Inclusions
furniture, fixtures, equipment (list of all items is available)
Lease Considered
no
Net SqFt
10077
Ownership Interest
Fee Simple
Possession
0-30 Days CD
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
72547
Tax Assessed Value
180000
Tax Data Updated
no
Tax Lot
001-002-3C5
Tax Opportunity Zone
N
Tax Year
2022
Vacation Rental
no
Contact - Listing ID PABU2016766
Brett Furman
528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060
Data services provided by IDX Broker
