Renovated Commercial Building in
201 S State St, Newtown, PA 18940
Fully leased, renovated commercial building in the heart of Newtown.
Type:Commercial
Property size:
15,000 SFPrice / SF:
$291/SF- Added:
- Apr 7, 2026
- Days on Market:
- 54
- Last Refresh:
- Apr 8 at 8:05 pm
Property Features for 201 S State St
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1850
Listing agent PAUL BLANCATO
Listing office BLANCATO LLC (215) 860-1134
Listing date Apr 7, 2026
Source Corcoran
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 BLANCATO LLC
HighLights
- Prime location in the heart of Newtown Borough, directly across from the State Store and proposed Liberty Square redevelopment.
- Fully leased, providing strong, stable cash flow with an approximate 7% cap rate.
- Over 15,000 square feet of fully renovated, sprinklered space.
- Configured into six office and showroom units, offering flexible space options.
- On‑site parking available.
- Unique blend of open, flexible spaces, modern office layouts, and a sought‑after industrial aesthetic with soaring ceilings.
Overview
The Bond Building presents a commercial investment opportunity in Newtown Borough. The property features over 15,000 square feet of fully renovated and sprinklered space, along with on-site parking. Currently configured into six office and showroom units, the building is fully leased, providing cash flow. The property offers a blend of open, flexible spaces, modern office layouts, dedicated showroom areas, and high ceilings with an industrial aesthetic. The building is located in the center of town, directly across from the State Store and the proposed Liberty Square redevelopment. A new owner has the option to occupy one of the spaces.
Local Financial Insights For Office B
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 | $390.6k | $26.04 |
| − Vacancy | −$76.2k | −$5.08 |
| EGI | $314.4k | $20.96 |
| − OpEx | −$78.6k | −$5.24 |
| NOI | $235.8k | $15.72 |
15,000 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.37M
$2.95M – $3.93M
NOI $235,825 @ 7.0% cap · market cap 5.39%
Second Best
Retail
$3.11M
$2.72M – $3.63M
NOI $217,668 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$4.55M
$3.98M – $5.31M
NOI $318,349 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Newtown
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.936773
- Latitude
- 40.226424
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Fully leased, renovated commercial building in the heart of Newtown.
Where is this office building located?
The property is located at 201 S State St Newtown, PA.
What is the asking price?
The asking price for this property is $4,375,000.
What are key features of this property?
This property features: **Prime location in the heart of Newtown Borough, directly across from the State Store and proposed Liberty Square redevelopment.**; Fully leased, providing strong, stable cash flow with an approximate 7% cap rate.; **Over 15,000 square feet of fully renovated, sprinklered space.**
