Elevator-Served Office Condo
1105 BETHLEHEM Pike Sellersville, PA 18960
For Sale
$650,000
Commercial Sale - SELLERSVILLE, PA
Property Size3,200 SF
Price / SF$203.13
Days on Market340
Property Features for 1105 BETHLEHEM Pike
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 50
- Parking features
- Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 6041
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2012
- Building materials
- Frame
Listing Agency:
Keller Williams Real Estate-Doylestown
(215) 340-5700
Listed By:
Chad B Blankenbiller · License #RS277047
(215) 589-8080
Added: Aug 19, 2025
Changed: Jun 9
Last Checked: Jul 24 at 4:06PM
MLS# PABU2102374
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.
Rockhill Plaza is a commercial condo building designed for office and medical office use, with multiple owners and tenants. The offering is Unit B1, a second-floor unit with 2,691 square feet of in-unit space and elevator access. The total transferred area is stated as 3,200 square feet, including front and rear stairways and the front vestibule area, which are managed and maintained by the condo association. The unit is currently leased on a NNN basis.
Unit B1 is leased to Alpine Mechanical Services LLC through April 2028, with two one-year renewal options. The tenant is responsible for taxes, insurance, utilities, and condo association fees. Access to the location is described as providing convenient in-and-out travel via Route 309, and the property is within 1.5 miles of Grand View Hospital.
This unit can be considered for investors seeking a long-term lease in a condo office/medical environment, or for an owner-occupant looking for elevator-served office space within the building. The tenant has indicated they would consider moving if a future owner wants to occupy the unit, subject to the lease terms.
Unit B1 is leased to Alpine Mechanical Services LLC through April 2028, with two one-year renewal options. The tenant is responsible for taxes, insurance, utilities, and condo association fees. Access to the location is described as providing convenient in-and-out travel via Route 309, and the property is within 1.5 miles of Grand View Hospital.
This unit can be considered for investors seeking a long-term lease in a condo office/medical environment, or for an owner-occupant looking for elevator-served office space within the building. The tenant has indicated they would consider moving if a future owner wants to occupy the unit, subject to the lease terms.
Key Highlights
- Currently leased (NNN) to Alpine Mechanical Services LLC through April 2028, providing immediate rental income.
- Tenant pays all taxes, insurance, utilities, and condo association fees, minimizing owner expenses.
- Total square footage of 3,200 SF includes common areas managed by the condo association.
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 | $83.3k | $26.04 |
| − Vacancy | −$16.2k | −$5.08 |
| EGI | $67.1k | $20.96 |
| − OpEx | −$16.8k | −$5.24 |
| NOI | $50.3k | $15.72 |
3,200 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$718.7K
$628.9K – $838.5K
NOI $50,309 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$970.2K
$848.9K – $1.13M
NOI $67,915 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Vikram Verma, ...
Physician
Fresenius Kidney Care ...
Medical Clinic
Labcorp
Medical Laboratory
Sara Arn
Registered General Nurse
Michael Naunczek
Medical Clinic
FAQs
What type of property is this?
Office units - Leased second-floor office condo with elevator access in an office/medical building near major area routes.
Where is this office units located?
The property is located at 1105 BETHLEHEM Pike Sellersville, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Currently leased (NNN) to Alpine Mechanical Services LLC through April 2028, providing immediate rental income.; Tenant pays all taxes, insurance, utilities, and condo association fees, minimizing owner expenses.; Total square footage of 3,200 SF includes common areas managed by the condo association.
