Dual-Office
For Sale
$1,250,000
179 N Broad St, Doylestown, PA 18901
Converted main house with a separate professional workspace supports flexible commercial or residential use.
Property Size3,570 SF
Price / SF$350.14
Days on Market26
Property Features for 179 N Broad St
General Information
Standard status
Active
Size
3,570 SF
Additional Details
Office Units
2
Building Details
Year Built
1920
Listing Agency:
Kurfiss Sotheby's International Realty
(267) 322-9814
Listed By:
Stephanie A. Biello · License #AB067438
Source:
Selltheshore
Added: Aug 4
Changed: Aug 28
Last Checked: Aug 25 at 5:26AM
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 Kurfiss Sotheby's International Realty
Investment Insights
Based on property information with market context.
This office property includes a converted main house and a distinct private office positioned behind it, creating two separate work environments within one offering. The main structure can accommodate a professional business or residential occupancy, while the rear office provides dedicated space for ongoing commercial use. The property contains 3,570 square feet and dates to 1920.
Located at 179 N Broad St in Doylestown, PA, the asset combines a street-facing primary structure with a quieter secondary workspace. Its configuration may suit an owner-user seeking a professional setting alongside additional office capacity, or an investor evaluating separate occupancy arrangements.
Located at 179 N Broad St in Doylestown, PA, the asset combines a street-facing primary structure with a quieter secondary workspace. Its configuration may suit an owner-user seeking a professional setting alongside additional office capacity, or an investor evaluating separate occupancy arrangements.
Key Highlights
- 3,570‑square‑foot office property at 179 N Broad St, Doylestown, PA 18901
- 1920‑built property with a converted main house
- Separate private back office creates a two‑workspace configuration
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,126
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,122,520
$1.1M
Cap Rate 7%
$801,800
$801.8K
Cap Rate 9%
$623,622
$623.6K
Market Conditions
NOI Build-Up for 3,570 SF
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.
Gross rent
$93.0K $26.04/SF
− Vacancy
−$18.1K −$5.08/SF
EGI
$74.8K $20.96/SF
− OpEx
−$18.7K −$5.24/SF
NOI
$56.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,122,520
Cap Rate 7%
$801,800
Cap Rate 9%
$623,622
Alternative Uses
Best Use
Office B
$801.8K
$701.6K – $935.4K
NOI $56,126 @ 7.0% cap · market cap 4.49%
Second Best
Mixed Use
$180.9K
$158.3K – $211.0K
NOI $12,661 @ 7.0% cap · market cap 1.01%
Theoretical Best
Office A
$1.08M
$947.1K – $1.26M
NOI $75,767 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Converted main house with a separate professional workspace supports flexible commercial or residential use.
Where is this office units located?
The property is located at 179 N Broad St Doylestown, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3,570‑square‑foot office property at 179 N Broad St, Doylestown, PA 18901; 1920‑built property with a converted main house; Separate private back office creates a two‑workspace configuration
