Flex Space Compound with
New
For Sale
$2,450,000
161 S Main, Dublin, PA 18917
Multi-component property combines commercial workspace, residential rentals, and a separate private residence along the Route 313 corridor.
Property Size15,603 SF
Lot Size9.70 Acres
Price / SF$157.02
Days on Market3
Property Features for 161 S Main
General Information
Standard status
Active
Size
15,603 SF
Lot size
9.70 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$30,674
Amenities
Central air
Central Air Cooling
Oil Heating
Building Details
Year Built
1990
Building Size
10,000 SF
Listing Agency:
KELLER WILLIAMS REALTY GROUP
(610) 792-5900
Listed By:
VICKIE L LANDIS · License #AB065442
Source:
Corcoran
Added: Jul 31
Changed: Aug 2
Last Checked: Aug 2 at 4:50AM
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 KELLER WILLIAMS REALTY GROUP
Investment Insights
Based on property information with market context.
This flex-oriented compound brings together commercial workspace and multiple residential components at 161 S Main in Dublin Boro. The property includes a 10,000-square-foot commercial building suited to contractor storage, equipment staging, warehouse functions, workshops, or light business operations. Two residential rental units are positioned toward the front, while a separate private residence occupies the rear portion of the site.
The property fronts Route 313, also identified as S Main St, with connections described to Doylestown, Route 611, Route 309, the Lehigh Valley, and the Greater Philadelphia markets. Built in 1990, the asset offers a combination of flex operations, residential occupancy, and a private estate component within one property. Potential expansion, subdivision, or development uses are subject to municipal approvals.
The property fronts Route 313, also identified as S Main St, with connections described to Doylestown, Route 611, Route 309, the Lehigh Valley, and the Greater Philadelphia markets. Built in 1990, the asset offers a combination of flex operations, residential occupancy, and a private estate component within one property. Potential expansion, subdivision, or development uses are subject to municipal approvals.
Key Highlights
- 10,000‑square‑foot commercial building for storage, staging, warehouse, workshop, or light business use
- Two income‑producing residential rental units at the front of the property
- Separate private residence positioned at the rear of the property
Financial Insights For Apartment 5plus
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 | $363.2k | $23.28 |
| − Vacancy | −$12.0k | −$0.77 |
| EGI | $351.3k | $22.51 |
| − OpEx | −$158.1k | −$10.13 |
| NOI | $193.2k | $12.38 |
15,603 SF · lease $23.28/SF/yr · vacancy 3.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.76M
$2.41M – $3.22M
NOI $193,188 @ 7.0% cap · market cap 7.89%
Second Best
Warehouse
$2.28M
$1.99M – $2.66M
NOI $159,596 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$4.73M
$4.14M – $5.52M
NOI $331,147 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18917, PA
2,227
Population
1,059
Households
2.1
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
0.7 sq mi
ZIP Area
3,181
Density / Sq Mi
$75,000
Median Household Income
$49,539
Median Earnings
$1,342
Median Rent
$356,100
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-component property combines commercial workspace, residential rentals, and a separate private residence along the Route 313 corridor.
Where is this flex space located?
The property is located at 161 S Main Dublin, PA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 10,000‑square‑foot commercial building for storage, staging, warehouse, workshop, or light business use; Two income‑producing residential rental units at the front of the property; Separate private residence positioned at the rear of the property
