Building Details

Year built 1800

Number of units 4

Architectural style Other

Listing Agency: Kurfiss Sotheby's International Realty p***@kurfiss.com Show Phone

Listed By: Cary Simons · License #RS295353 Show Phone

Added: Nov 16, 2023 Changed: Aug 19 Last Checked: Sep 13 at 3:06AM

Report an Issue

MLS# PABU2061184

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 3,700-square-foot mixed-use property occupies 0.41 acres and dates to 1800. The building includes a dining room, high-top seating, covered front-porch dining, a kitchen with prep areas, two patron restrooms, and substantial lower-level storage. The second and third floors contain an office, additional storage, and residential rental units. A backup generator serves the basement, first floor, and second floor, while ductless cooling and hot-water baseboard heat support the building. The property includes an H liquor license and most furniture, fixtures, and equipment, with specified exclusions for coffee machines, soda machines, the POS system, dishwasher, and jukebox.

A parking lot provides approximately 33 spaces. The property is situated on Durham Road in Ottsville, north of Doylestown, with access to Route 611/Easton Road and nearby Routes 413, 113, and 563. VC zoning permits various uses, and Lake Nockamixon and Nockamixon State Park are identified nearby.

Key Highlights

• 3,700‑square‑foot mixed‑use building on 0.41 acres
• Restaurant layout with dining room, high‑top seating, kitchen, prep areas, and two restrooms
• Covered front porch provides outdoor dining space

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$47,552

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

5.43%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$951,040 $951.0K

Cap Rate 7%

$679,314 $679.3K

Cap Rate 9%

$528,356 $528.4K

Market Conditions

NOI Build-Up for 3,700 SF 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.

Gross rent

$66.6K $18.00/SF

− Vacancy

−$3.2K −$0.86/SF

EGI

$63.4K $17.14/SF

− OpEx

−$15.9K −$4.28/SF

NOI

$47.6K $12.85/SF

Area

Delaware County, PA

Vacancy

4.80%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$951,040

Cap Rate 7%

$679,314

Cap Rate 9%

$528,356

Alternative Uses

Best Use

Specialty Retail

$679.3K

$594.4K – $792.5K (±1% cap)

NOI $47,552 @ 7.0% cap · market cap 5.43%

Second Best

Multifamily LT 5

$579.4K

$506.9K – $675.9K (±1% cap)

NOI $40,555 @ 7.0% cap · market cap 4.63%

Theoretical Best

Office A

$1.12M

$981.6K – $1.31M (±1% cap)

NOI $78,526 @ 7.0% cap · market cap 8.97%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business

Opportunity

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

78

Businesses Nearby

Explore this area Business Placement

Demographics for 18942, PA

3,118

Population

1,179

Households

2.6

Avg Household Size

53

Median Age

38%

College-Educated

93%

High-School Grad

20.3 sq mi

ZIP Area

154

Density / Sq Mi

$99,091

Median Household Income

$57,500

Median Earnings

$1,392

Median Rent

$485,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Auto Shop with Drive-Through Bays

8364 EASTON RD, Ottsville, PA 18942

$2,300,000

12,000 SF

View details

Medical Office Property with Flexible Layout

4018 DURHAM, Ottsville, PA 18942

$475,000

1,872 SF

View details

Historic Ottsville Inn For Sale

245 Durham Rd, Ottsville, PA 18942

$875,000

0.41 Acres

View details

Frequently Asked Questions

What type of property is this?

Mixed-use property - Restaurant and residential components combine with covered porch dining, parking, storage, and VC zoning flexibility.

Where is this mixed-use property located?

The property is located at DURHAM Road Ottsville, PA.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: 3,700‑square‑foot mixed‑use building on 0.41 acres; Restaurant layout with dining room, high‑top seating, kitchen, prep areas, and two restrooms; Covered front porch provides outdoor dining space