Two-Room Office
For Sale
Contact for pricing
203 N MAIN STREET, Sellersville, PA 18960
Second-floor office space with adjoining rooms, electric heat, and water included in the monthly rent.
Property Size300 SF
Price / SF$2.17
Days on Market57
Property Features for 203 N MAIN STREET
General Information
Standard status
Active
Size
300 SF
Property subtype
Commercial
Additional Details
Floor
2
Building Details
Year Built
1800
Listing Agency:
RE/MAX 440 - Perkasie
(215) 453-7653
Listed By:
Angela K Sullivan · License #AB065981
(215) 919-4818
Source:
Cummingsrealtors
Added: Aug 21
Changed: Oct 15
Last Checked: Oct 15 at 12:38AM
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 RE/MAX 440 - Perkasie
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Investment Insights
Based on property information with market context.
This second-floor office unit offers 300 square feet arranged as two adjoining rooms. Electric heat serves the space, while the tenant is responsible for PPL electric service. Water is included in the monthly rent.
The property is located at 203 N Main Street in Sellersville, Pennsylvania, within a building constructed in 1800.
The property is located at 203 N Main Street in Sellersville, Pennsylvania, within a building constructed in 1800.
Key Highlights
- 300‑square‑foot second‑floor office unit
- Two adjoining rooms
- Water included in the monthly rent
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,716
Suggested Prices Based on Cap Rates
Cap Rate 5%
$94,320
$94.3K
Cap Rate 7%
$67,371
$67.4K
Cap Rate 9%
$52,400
$52.4K
Market Conditions
NOI Build-Up for 300 SF
Gross rent
$7.8K $26.04/SF
− Vacancy
−$1.5K −$5.08/SF
EGI
$6.3K $20.96/SF
− OpEx
−$1.6K −$5.24/SF
NOI
$4.7K $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%
$94,320
Cap Rate 7%
$67,371
Cap Rate 9%
$52,400
Alternative Uses
Best Use
Office B
$67.4K
$59.0K – $78.6K
NOI $4,716 @ 7.0% cap · market cap 725.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$91.0K
$79.6K – $106.1K
NOI $6,367 @ 7.0% cap · market cap 979.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Explore this area
Business Placement
Demographics for 18960, PA
13,561
Population
5,264
Households
2.6
Avg Household Size
44
Median Age
40%
College-Educated
96%
High-School Grad
19.1 sq mi
ZIP Area
710
Density / Sq Mi
$103,594
Median Household Income
$52,215
Median Earnings
$1,361
Median Rent
$373,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Second-floor office space with adjoining rooms, electric heat, and water included in the monthly rent.
Where is this office units located?
The property is located at 203 N MAIN STREET Sellersville, PA.
What are key features of this property?
This property features: 300‑square‑foot second‑floor office unit; Two adjoining rooms; Water included in the monthly rent
