Historic Stone Office
New
For Sale
$995,000
116 E BUTLER Avenue, Chalfont, PA 18914
Commercial Sale, CHALFONT, PA
Property Size4,659 SF
Lot Size10.17 Acres
Price / SF$213.57
Days on Market4
Property Features for 116 E BUTLER Avenue
General Information
Property type
Other
Property subtype
Office
Parking
35
Parking features
Parking Lot
Elementary school district
CENTRAL BUCKS
Middle school district
CENTRAL BUCKS
High school district
CENTRAL BUCKS
Standard status
Active
Lot size
10.17 Acres
Taxes and HOA fees
Tax Annual Amount
11371
Utilities
Heating system
Hot Water(Heating), Forced Air, Other (Heating)
Cooling system
Central Air
Building Details
Year built
1796
Building materials
Masonry, Stone
Listing Agency:
J. Carroll Molloy Realtor, LLC
(215) 348-3558
Listed By:
Dylan Smith · License #RS371231
(267) 261-4296
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 23 at 7:06AM
MLS# PABU2133488
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.
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Investment Insights
Based on property information with market context.
This historic masonry office property contains 4,659 square feet across three floors, with origins dating to 1796. Its layout includes reception, private offices, larger flexible rooms, a kitchen with a walk-in fireplace, and two full bathrooms. A basement adds further space. Interior details include exposed stone, substantial wood beams, and historic fireplaces; central air conditioning and a parking lot are also present.
The property occupies 10.17 acres along E. Butler Avenue, also identified as Route 202 Business, with frontage on the North Branch of Neshaminy Creek. The grounds include mature trees and wooded areas. The site is in Chalfont, Bucks County, Pennsylvania.
The property occupies 10.17 acres along E. Butler Avenue, also identified as Route 202 Business, with frontage on the North Branch of Neshaminy Creek. The grounds include mature trees and wooded areas. The site is in Chalfont, Bucks County, Pennsylvania.
Key Highlights
- 4,659 square feet arranged across three floors
- 10.17‑acre property with frontage on E. Butler Avenue (Route 202 Business)
- Historic building dating to 1796
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,247
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,464,940
$1.5M
Cap Rate 7%
$1,046,386
$1.0M
Cap Rate 9%
$813,856
$813.9K
Market Conditions
NOI Build-Up for 4,659 SF
Gross rent
$121.3K $26.04/SF
− Vacancy
−$23.7K −$5.08/SF
EGI
$97.7K $20.96/SF
− OpEx
−$24.4K −$5.24/SF
NOI
$73.2K $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 Rate 5%
$1,464,940
Cap Rate 7%
$1,046,386
Cap Rate 9%
$813,856
Alternative Uses
Best Use
Office B
$1.05M
$915.6K – $1.22M
NOI $73,247 @ 7.0% cap · market cap 7.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,879 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
442
Businesses Nearby
Explore this area
Business Placement
Demographics for 18914, PA
21,475
Population
7,900
Households
2.7
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
17.6 sq mi
ZIP Area
1,220
Density / Sq Mi
$148,286
Median Household Income
$67,169
Median Earnings
$1,991
Median Rent
$477,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Three floors provide private offices, reception, kitchen space, and two full bathrooms.
Where is this office building located?
The property is located at 116 E BUTLER Avenue Chalfont, PA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 4,659 square feet arranged across three floors; 10.17‑acre property with frontage on E. Butler Avenue (Route 202 Business); Historic building dating to 1796
