Office and Showroom
201 S State Street Newtown Newtown, PA 18940
201 S State Street Newtown, Newtown, PA, 18940
$4,375,000
For Sale
$4,375,000
Fully renovated sprinklered building offers six leased office and showroom units with on-site parking.
Property Size15,241 SF
Price / SF$287.05
Days on Market21
Property Features for 201 S State Street Newtown
General Information
- Standard status
- Active
- Size
- 15,241 SF
Building Details
- Year Built
- 1850
Listing agency
(609) 881-2414
Listed by
Carl SanFilippo
(609) 881-2414
Source
Mercercountyhomesforsale
Added: Jul 1 Updated: Jul 20 at 6:37PM Checked: Jul 20 at 6:37PM
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 Carl SanFilippo
Investment Insights
Based on property information with market context.
The Bond Building is a fully renovated, sprinklered commercial property featuring open, flexible spaces and modern office layouts, along with dedicated showroom areas and soaring ceilings. The building is configured into six office and showroom units and is currently fully leased. On-site parking is available, and a new owner would also have the opportunity to occupy one of the spaces if desired.
Located at 201 S State Street in Newtown Borough, the building sits in the center of town directly across from the State Store and the proposed Liberty Square redevelopment.
This is a For Sale offering of a multi-unit office and showroom property totaling approximately 15,241 square feet.
Located at 201 S State Street in Newtown Borough, the building sits in the center of town directly across from the State Store and the proposed Liberty Square redevelopment.
This is a For Sale offering of a multi-unit office and showroom property totaling approximately 15,241 square feet.
Key Highlights
- 1850‑built building with over 15,000 SF of fully renovated, sprinklered commercial space
- Configured into 6 office and showroom units
- Property is fully leased for stable rental income
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 | $396.9k | $26.04 |
| − Vacancy | −$77.4k | −$5.08 |
| EGI | $319.5k | $20.96 |
| − OpEx | −$79.9k | −$5.24 |
| NOI | $239.6k | $15.72 |
15,241 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.42M
$3.00M – $3.99M
NOI $239,614 @ 7.0% cap · market cap 5.48%
Second Best
Retail
$3.16M
$2.76M – $3.69M
NOI $221,165 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$4.62M
$4.04M – $5.39M
NOI $323,464 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Fully renovated sprinklered building offers six leased office and showroom units with on-site parking.
Where is this office units located?
The property is located at 201 S State Street Newtown 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: 1850‑built building with over 15,000 SF of fully renovated, sprinklered commercial space; Configured into 6 office and showroom units; Property is fully leased for stable rental income
