670 Woodbourne Rd Unit #704 & 706, Langhorne, PA 19047

$9,000,000
List Price
$9,000,000
Price Change
▲ $4,000,000 1651962736
Days on Market
130
Status
ACTIVE
MLS#
PABU2016766
Year Built
2005
County
Bucks
School District
Neshaminy

Property Description

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

Additional Information

Area
Middletown Twp (10122)
Subdivision
Cornerstone
Building Name
Corner Building Backing To Woods
Taxes
$72547
Stories
1
Flooring
Carpet, Ceramic Tile
Heating
Forced Air, Central
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Listing courtesy of M Riccardi Agency, Inc.