Elevator-Served Medical Office
770 NEWTOWN YARDLEY Road Newtown, PA 18940
770 NEWTOWN YARDLEY Road, Newtown, PA, 18940
$579,000
For Sale
$579,000
Commercial Sale - NEWTOWN, PA
Property Size2,675 SF
Price / SF$216.45
Days on Market180
Property Features for 770 NEWTOWN YARDLEY Road
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 20
- Parking features
- Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 10599
Utilities
- Heating system
- Forced Air, Heat Pump (Heating)
- Cooling system
- Central Air, Heat Pump
Building Details
- Year built
- 2008
- Building materials
- Frame
Listing Agency
RE/MAX Properties
(215) 968-7400
210 Penns Trail unit: 100, Newtown, PA
Listed by
Daniel J McCloskey · License #AB050673L
(215) 669-8333
Added: Jan 18 Checked: Jul 17 at 11:06 am
MLS# PABU2112610
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical/professional office suite totals 2,675 square feet and is located on the second floor of an elevator-served building. The space is set up with several private exam rooms and multiple private offices, along with two bathrooms. A dedicated waiting room is also included, with an attached business office and a break room to support day-to-day operations.
The property is part of the Newtown Office Park and is positioned just outside Historic Newtown Borough. Parking is available on-site, providing convenient access for staff and patients or clients.
For healthcare and professional users seeking an office layout built around patient or client flow, the private exam rooms, waiting area, and separate administrative space support a streamlined workflow. The condo fee is $734.50 per month, which is an important consideration for prospective buyers evaluating ongoing operating costs.
The property is part of the Newtown Office Park and is positioned just outside Historic Newtown Borough. Parking is available on-site, providing convenient access for staff and patients or clients.
For healthcare and professional users seeking an office layout built around patient or client flow, the private exam rooms, waiting area, and separate administrative space support a streamlined workflow. The condo fee is $734.50 per month, which is an important consideration for prospective buyers evaluating ongoing operating costs.
Key Highlights
- Medical/professional office space with 2,675 SF on the second floor
- Elevator‑served location in Newtown Office Park
- Includes several private exam rooms, private offices, waiting room with attached business office, and a break room
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.7k | $26.04 |
| − Vacancy | −$13.6k | −$5.08 |
| EGI | $56.1k | $20.96 |
| − OpEx | −$14.0k | −$5.24 |
| NOI | $42.1k | $15.72 |
2,675 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$600.8K
$525.7K – $700.9K
NOI $42,055 @ 7.0% cap · market cap 7.26%
Second Best
Healthcare Medical
$528.7K
$462.6K – $616.8K
NOI $37,008 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$811.0K
$709.7K – $946.2K
NOI $56,772 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Newtown Veterinary Hospital: Kriftcher Debra DVM — 107 Penns Trail, Newtown, PA 18940
- Graham Jaaron DVM — 107 Penns Trail, Newtown, PA 18940
- Newtown Veterinary Hospital, LLC — 107 Penns Trail, Newtown, PA 18940
- Angela Summers, VMD — 107 Penns Trail, Newtown, PA 18940, United States
- Judith E. Palm, VMD — 107 Penns Trail, Newtown, PA 18940
FAQs
What type of property is this?
Medical Office Space - Second-floor medical/professional office with private exam rooms and ample parking in Newtown Office Park.
Where is this medical office space located?
The property is located at 770 NEWTOWN YARDLEY Road Newtown, PA.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Medical/professional office space with 2,675 SF on the second floor; Elevator‑served location in Newtown Office Park; Includes several private exam rooms, private offices, waiting room with attached business office, and a break room