Mixed-Use Live/Work
For Sale
$524,900
Pending
105 E MAPLE AVENUE, Langhorne, PA 19047
Fully updated mixed-use building with a commercial storefront and two residential units, plus private parking for two vehicles.
Property Size2,506 SF
Days on Market72
Property Features for 105 E MAPLE AVENUE
General Information
Standard status
Pending
Size
2,506 SF
Total Parking Spaces
2
Zoning
C
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,522
Amenities
in-unit laundry
Window Unit(s), Wall Unit(s), Electric
Natural Gas, Baseboard, Radiant
Gas Water Heater
On Street, Private, Driveway
Building Details
Building Size
2,506 SF
Year Built
1750
Listing Agency:
Opus Elite Real Estate
Listed By:
Mark Gatta · License #RM425949
(215) 630-2040
Source:
Evrealestate
Added: Jul 4
Changed: Sep 12
Last Checked: Sep 13 at 5:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Opus Elite Real Estate
Investment Insights
Based on property information with market context.
This fully updated mixed-use property combines street-level retail with two residential units above and alongside the commercial space. The commercial storefront is supported by the building’s downtown setting, with nearby shops and restaurants described in the remarks. Upstairs, there is a spacious one-bedroom apartment and a well-appointed two-bedroom apartment, and both feature private in-unit laundry.
The layout provides separate living spaces for the residential units. Ownership also includes private parking with two dedicated spots.
The property is presented as a versatile option for an owner-occupant live/work setup or an investor seeking multiple income streams, with walkable access to dining, shopping, and entertainment, as well as major commuting routes.
The layout provides separate living spaces for the residential units. Ownership also includes private parking with two dedicated spots.
The property is presented as a versatile option for an owner-occupant live/work setup or an investor seeking multiple income streams, with walkable access to dining, shopping, and entertainment, as well as major commuting routes.
Key Highlights
- Fully updated mixed‑use property with a commercial storefront and two residential units in Langhorne Borough
- Commercial storefront with storefront space for a variety of business uses
- One‑bedroom and two‑bedroom residential units, located above and alongside the commercial 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
$39,398
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
7.51%
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%
$787,960
$788.0K
Cap Rate 7%
$562,829
$562.8K
Cap Rate 9%
$437,756
$437.8K
Market Conditions
NOI Build-Up for 2,506 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
$65.3K $26.04/SF
− Vacancy
−$12.7K −$5.08/SF
EGI
$52.5K $20.96/SF
− OpEx
−$13.1K −$5.24/SF
NOI
$39.4K $15.72/SF
Area
Bucks County, PA
Vacancy
19.50%
Lease Rate
$26.04 /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%
$787,960
Cap Rate 7%
$562,829
Cap Rate 9%
$437,756
Alternative Uses
Best Use
Office B
$562.8K
$492.5K – $656.6K
NOI $39,398 @ 7.0% cap · market cap 7.51%
Second Best
Retail
$519.5K
$454.6K – $606.1K
NOI $36,365 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$759.8K
$664.8K – $886.4K
NOI $53,186 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 19047, PA
35,452
Population
13,150
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
2,061
Density / Sq Mi
$110,395
Median Household Income
$55,992
Median Earnings
$1,770
Median Rent
$441,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Live-work space - Fully updated mixed-use building with a commercial storefront and two residential units, plus private parking for two vehicles.
Where is this live-work space located?
The property is located at 105 E MAPLE AVENUE Langhorne, PA.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Fully updated mixed‑use property with a commercial storefront and two residential units in Langhorne Borough; Commercial storefront with storefront space for a variety of business uses; One‑bedroom and two‑bedroom residential units, located above and alongside the commercial space
