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Historic Stone Office Building
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
Listed By: Dylan Smith · License #RS371231
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 23 at 5:06AM
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.

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 (±1% cap)
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 (±1% cap)
NOI $98,879 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

R L Showalter ... Engineering Consultant Ellen Faulkner PhD Physician Bucks County Psychotherapy ... Medical Clinic Philly Hypnosis Alternative Medicine Practice Chalfont New Britain ... Association / Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Pharmacy Big Box & Wholesale Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

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
More about this property
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