First-Floor Office
New
For Sale
Contact for pricing
16 N FRANKLIN STREET, Doylestown, PA 18901
Four office suites are available on the building’s first floor, with corner and interior configurations.
Property Size250 SF
Price / SF$2.60
Days on Market7
Property Features for 16 N FRANKLIN STREET
General Information
Standard status
Active
Size
250 SF
Property subtype
Commercial
Additional Details
Floor
1
Property Use
Office
Amenities
reception area
glass conference suite
shared kitchenette
Building Details
Year Built
1984
Abandoned
No
Listing Agency:
J. Carroll Molloy Realtor, LLC
(215) 348-3558
Listed By:
Nancy M Santacecilia · License #RS373707
(267) 738-7604
Source:
Cummingsrealtors
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 26 at 3:26PM
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 J. Carroll Molloy Realtor, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Franklin Building is an office property at 16 N Franklin Street in Doylestown Borough. Four first-floor offices are available, ranging from corner suites with three windows to an interior office. Shared building amenities include a reception area, a glass-enclosed conference suite, a kitchenette, and separate men’s and women’s restrooms on the floor. The building dates to 1984.
Parking is available at the property. Tenants are responsible for phone, cable, and internet service.
Parking is available at the property. Tenants are responsible for phone, cable, and internet service.
Key Highlights
- Four first‑floor offices available
- Corner office configuration includes three windows
- Shared reception area and glass‑enclosed conference suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,930
Suggested Prices Based on Cap Rates
Cap Rate 5%
$78,600
$78.6K
Cap Rate 7%
$56,143
$56.1K
Cap Rate 9%
$43,667
$43.7K
Market Conditions
NOI Build-Up for 250 SF
Gross rent
$6.5K $26.04/SF
− Vacancy
−$1.3K −$5.08/SF
EGI
$5.2K $20.96/SF
− OpEx
−$1.3K −$5.24/SF
NOI
$3.9K $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%
$78,600
Cap Rate 7%
$56,143
Cap Rate 9%
$43,667
Alternative Uses
Best Use
Office B
$56.1K
$49.1K – $65.5K
NOI $3,930 @ 7.0% cap · market cap 604.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$75.8K
$66.3K – $88.4K
NOI $5,306 @ 7.0% cap · market cap 816.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Explore this area
Business Placement
Demographics for 18901, PA
28,395
Population
11,431
Households
2.5
Avg Household Size
47
Median Age
58%
College-Educated
98%
High-School Grad
21.0 sq mi
ZIP Area
1,352
Density / Sq Mi
$115,425
Median Household Income
$54,548
Median Earnings
$1,890
Median Rent
$544,200
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 unit - Four office suites are available on the building’s first floor, with corner and interior configurations.
Where is this office unit located?
The property is located at 16 N FRANKLIN STREET Doylestown, PA.
What are key features of this property?
This property features: Four first‑floor offices available; Corner office configuration includes three windows; Shared reception area and glass‑enclosed conference suite
