Mixed-Use Multi-Unit
205 Mill Street Bristol, PA 19007
205 Mill Street, Bristol, PA, 19007
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For Sale
Contact for pricing
Three-story building with storefront and five residential units, all currently occupied and tenants paying utilities.
Property Size4,521 SF
Price / SF$276.49
Days on Market91
Property Features for 205 Mill Street
General Information
- Standard status
- Active
- Size
- 4,521 SF
- Property subtype
- Multifamily, Office
Listing agency
Messina Real Estate
(215) 788-0456
Listed by
Janine Allan · License #PA RM424999
Source
Crexi
Added: Apr 23 Updated: Jul 22 at 5:35AM Checked: Jul 22 at 5:35AM
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 Messina Real Estate
Investment Insights
Based on property information with market context.
This three-story mixed-use building includes a storefront on the first floor and five residential units above. The residential mix consists of two 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. All units are currently occupied, and tenants pay all utilities.
The building also offers a backyard for tenant use. The first-floor closet space is described as suitable for adding coin-operated washer and dryer service for additional income.
The property is being offered as part of a bundle of four multi-unit buildings.
The building also offers a backyard for tenant use. The first-floor closet space is described as suitable for adding coin-operated washer and dryer service for additional income.
The property is being offered as part of a bundle of four multi-unit buildings.
Key Highlights
- Three‑story building with a storefront and five residential units
- All five residential units are currently occupied
- Tenants pay all utilities
Local Financial Insights For Retail
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 | $99.3k | $21.96 |
| − Vacancy | −$5.6k | −$1.23 |
| EGI | $93.7k | $20.73 |
| − OpEx | −$28.1k | −$6.22 |
| NOI | $65.6k | $14.51 |
4,521 SF · lease $21.96/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$937.2K
$820.1K – $1.09M
NOI $65,605 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$799.7K
$699.7K – $933.0K
NOI $55,977 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,951 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Three-story building with storefront and five residential units, all currently occupied and tenants paying utilities.
Where is this quadplex located?
The property is located at 205 Mill Street Bristol, 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: Three‑story building with a storefront and five residential units; All five residential units are currently occupied; Tenants pay all utilities
