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Second-Floor Coworking Space
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17 BLACKSMITH ROAD #D-14, Newtown, PA 18940

Furnished office suites include shared business amenities, common work areas, and access to I-95 and I-295.

Property Size139 SF
Price / SF$3.67
Days on Market89

Property Features for 17 BLACKSMITH ROAD #D-14

General Information

Standard status Active
Size 139 SF
Elevators Yes
Property subtype Commercial

Space & Availability

Floor 2
Furnished Yes

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Office Units 4

Amenities

shared break room
coffee bar
conference room
shared mail/copy room
common areas with work stations and sofas

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: BHHS Fox & Roach Hopewell Valley
Listed By: Heather Morley · License #RS366242
Source: Cummingsrealtors
Added: Jul 24 Changed: Oct 19 Last Checked: Oct 19 at 10:34AM

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 BHHS Fox & Roach Hopewell Valley

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Investment Insights

Based on property information with market context.

This coworking offering includes four available offices within a 14-suite second-floor layout. Individual spaces range from 110 to 149 square feet and are furnished with desks, chairs, and bookcases. The building is two stories and served by an elevator, with ample parking for users and visitors.

Occupants have access to shared business amenities, including a break room, coffee bar, conference room, mail and copy room, workstations, sofas, and other common areas. Utilities are included, and the property is convenient to I-95 and I-295.

Key Highlights

  • Four of 14 second‑floor office spaces available
  • Office sizes range from 110 to 149 square feet
  • Furnished with desks, chairs, and bookcases

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$2,185
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,700 $43.7K
Cap Rate 7%
$31,214 $31.2K
Cap Rate 9%
$24,278 $24.3K
Market Conditions
NOI Build-Up for 139 SF
Gross rent
$3.6K $26.04/SF
− Vacancy
−$706 −$5.08/SF
EGI
$2.9K $20.96/SF
− OpEx
−$728 −$5.24/SF
NOI
$2.2K $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%
$43,700
Cap Rate 7%
$31,214
Cap Rate 9%
$24,278

Alternative Uses

Best Use
Office B
$31.2K
$27.3K – $36.4K (±1% cap)
NOI $2,185 @ 7.0% cap · market cap 428.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$42.1K
$36.9K – $49.2K (±1% cap)
NOI $2,950 @ 7.0% cap · market cap 578.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Coworking space

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Big Box & Wholesale Store Hair Salon Nail Salon

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

4
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,667
Businesses Nearby

Demographics for 18940, PA

30,280
Population
11,763
Households
2.6
Avg Household Size
47
Median Age
67%
College-Educated
97%
High-School Grad
34.6 sq mi
ZIP Area
875
Density / Sq Mi
$157,591
Median Household Income
$85,895
Median Earnings
$2,227
Median Rent
$623,300
Median Home Value

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?
Coworking space - Furnished office suites include shared business amenities, common work areas, and access to I-95 and I-295.
Where is this coworking space located?
The property is located at 17 BLACKSMITH ROAD #D-14 Newtown, PA.
What are key features of this property?
This property features: Four of 14 second‑floor office spaces available; Office sizes range from 110 to 149 square feet; Furnished with desks, chairs, and bookcases
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