First-Floor Office
For Sale
Contact for pricing
120 BETHLEHEM PIKE, Colmar, PA 18915
Open layout with a waiting area, private room, half bath, and basement storage access.
Property Size1,200 SF
Price / SF$1.50
Days on Market101
Property Features for 120 BETHLEHEM PIKE
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Additional Details
Floor
First Floor
Amenities
stained glass
circular room
waiting area
private room
half bath
central air and heat
Building Details
Year Built
1990
Listing Agency:
RE/MAX Legacy
(215) 822-8200
Listed By:
John J Handschuh · License #RS208307
(215) 651-2157
Source:
Cummingsrealtors
Added: Jul 28
Changed: Nov 5
Last Checked: Nov 4 at 4:16PM
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 RE/MAX Legacy
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Investment Insights
Based on property information with market context.
First-floor office unit offering approximately 1,200 square feet on RT 309 in Colmar, within Hatfield Township. The open floor plan includes stained glass, a circular room serving as a waiting area, a private room, and a half bath. The unit also provides access to the basement for additional storage.
Newer central air and heat support the office space. The property was built in 1990 and is located at 120 Bethlehem Pike.
Newer central air and heat support the office space. The property was built in 1990 and is located at 120 Bethlehem Pike.
Key Highlights
- Approximately 1,200 square feet of first‑floor office space
- Open floor plan with stained glass and circular waiting area
- Private room and a half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,866
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,320
$377.3K
Cap Rate 7%
$269,514
$269.5K
Cap Rate 9%
$209,622
$209.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$31.2K $26.04/SF
− Vacancy
−$6.1K −$5.08/SF
EGI
$25.2K $20.96/SF
− OpEx
−$6.3K −$5.24/SF
NOI
$18.9K $15.72/SF
Area
Montgomery 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%
$377,320
Cap Rate 7%
$269,514
Cap Rate 9%
$209,622
Alternative Uses
Best Use
Office B
$269.5K
$235.8K – $314.4K
NOI $18,866 @ 7.0% cap · market cap 1,048.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$690.3K
$604.0K – $805.3K
NOI $48,318 @ 7.0% cap · market cap 2,684.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
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Business Placement
Demographics for 18915, PA
1,668
Population
631
Households
2.6
Avg Household Size
37
Median Age
52%
College-Educated
87%
High-School Grad
1.2 sq mi
ZIP Area
1,390
Density / Sq Mi
$141,645
Median Household Income
$65,096
Median Earnings
$1,674
Median Rent
$504,000
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 unit - Open layout with a waiting area, private room, half bath, and basement storage access.
Where is this office unit located?
The property is located at 120 BETHLEHEM PIKE Colmar, PA.
What are key features of this property?
This property features: Approximately 1,200 square feet of first‑floor office space; Open floor plan with stained glass and circular waiting area; Private room and a half bath
