±50,800 SF Industrial Asset on ±4.63 Acres

Highlights:

• Strategically positioned along Lincoln Highway (Route 1) with immediate access to I-295, I-95, and the Pennsylvania Turnpike, ensuring seamless regional and commuter connectivity.
• Located within Penndel’s Transit-Oriented Development (TOD) Overlay District, allowing for rezoning flexibility and higher-density multifamily or mixed-use redevelopment near SEPTA’s Langhorne Station.
• ±4.63-acre site with a vacant ±50,825 SF industrial building, offering a prime redevelopment opportunity in a high-growth suburban market with increasing housing demand.
• Bucks County’s multifamily vacancy rate of 5.4% remains well below the Philadelphia metro average, reflecting strong demand and limited new supply in the submarket.
• Rents have surged by 53.9% over the past five years, with 4.6% rent growth in Q1 2025, continuing to outpace regional performance and ensuring long-term value appreciation.
• Average household income of nearly $135,000 and close to 50% of residents holding a college degree or higher provide a stable, affluent, and highly qualified renter base.

Description:

RI Marketplace Online Auction April 7-9
AUCTION SITE: https://rimarketplace.com/auction/2394/201-w-lincoln-hwy-penndel-bucks-county-pa?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=industrial_2394

Colliers, in conjunction with RI Marketplace, is pleased to present the exclusive offering of 201 W Lincoln Highway, Penndel, Bucks County, Pennsylvania, a ±50,825 SF single-story industrial building situated on ±4.63 acres. Originally built in 1903, the Property formerly housed the Langhorne Carpet Company, the longest continually operated mill in the United States. The Property is vacant and represents a tremendous value-add opportunity for users, investors and developers.

Positioned along Lincoln Highway and Hulmeville Avenue, the Property benefits from ±360 feet of frontage on Lincoln Highway and ±500 feet on Hulmeville Avenue, providing excellent visibility and access. Currently zoned Retail Commercial (RC), the site is located within Penndel’s Transit-Oriented Development (TOD) Overlay District, which promotes higher-density mixed-use and multifamily development near transit hubs such as the SEPTA Langhorne Station.

The Property benefits from exceptional regional connectivity via Interstate 295, Interstate 95, and Route 1, providing direct access to both the Philadelphia Metro area and major employment hubs in New Jersey and Pennsylvania. With a growing population of over 84,000 residents within a 3-mile radius and an average household income exceeding $116,000, the area boasts strong demographic fundamentals and access that supports industrial/flex use as well as future multifamily or mixed-use redevelopment.

This offering presents investors and developers with a rare opportunity to acquire a well-located site primed for transformation, capitalizing on Penndel’s pro-business environment, transit accessibility, and increasing demand for housing in the Bucks County market.

Lamar P. Fisher
Fisher Auction Company Inc.
License: AU005925

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