First-Floor Office
For Sale
$189,900
2370 York Road G3, Jamison, PA 18929
Leased professional suite with private offices, reception space, kitchenette, and dedicated panels on the complex’s main sign.
Property Size900 SF
Price / SF$211
Days on Market54
Property Features for 2370 York Road G3
General Information
Standard status
Active
Size
900 SF
Occupancy
100%
Additional Details
Floor
1
Office Units
1
Amenities
dedicated sign panels
Building Details
Year Built
1989
Tenancy
Single
Owner Occupied
No
Abandoned
No
Listing Agency:
Homestarr Realty
Listed By:
Gerald P Hill · License #RM421402
(215) 355-5565
Source:
Harkesrealty
Added: Aug 21
Changed: Oct 2
Last Checked: Oct 7 at 1:39PM
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 Homestarr Realty
Investment Insights
Based on property information with market context.
This 900-square-foot first-floor office unit was built in 1989 and is configured for professional service use. The interior includes a reception area, sizable waiting room, two private offices, a half bath, kitchenette with storage, and a receptionist station. Improvements include new flooring, updated paint, a new water heater, a new HVAC system, and a newer roof.
The unit is occupied by a spa center under lease through October 31, 2027. It is positioned within the Commonwydds Office Complex on Route 263 in Jamison, next to the U.S. Post Office. Three dedicated panels on the complex’s main sign provide an identifiable presence along the traveled route.
The unit is occupied by a spa center under lease through October 31, 2027. It is positioned within the Commonwydds Office Complex on Route 263 in Jamison, next to the U.S. Post Office. Three dedicated panels on the complex’s main sign provide an identifiable presence along the traveled route.
Key Highlights
- 900 SF first‑floor office unit in a professional office complex
- Lease in place through October 31, 2027, with current spa center occupancy
- Two private offices, reception area, waiting room, half bath, and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,149
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,980
$283.0K
Cap Rate 7%
$202,129
$202.1K
Cap Rate 9%
$157,211
$157.2K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$23.4K $26.04/SF
− Vacancy
−$4.6K −$5.08/SF
EGI
$18.9K $20.96/SF
− OpEx
−$4.7K −$5.24/SF
NOI
$14.1K $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 Rate 5%
$282,980
Cap Rate 7%
$202,129
Cap Rate 9%
$157,211
Alternative Uses
Best Use
Office B
$202.1K
$176.9K – $235.8K
NOI $14,149 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$272.9K
$238.8K – $318.4K
NOI $19,101 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
Business Placement
Demographics for 18929, PA
8,819
Population
3,307
Households
2.7
Avg Household Size
44
Median Age
61%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
1,208
Density / Sq Mi
$174,606
Median Household Income
$83,857
Median Earnings
$1,713
Median Rent
$605,100
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
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Frequently Asked Questions
What type of property is this?
Office units - Leased professional suite with private offices, reception space, kitchenette, and dedicated panels on the complex’s main sign.
Where is this office units located?
The property is located at 2370 York Road G3 Jamison, PA.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 900 SF first‑floor office unit in a professional office complex; Lease in place through October 31, 2027, with current spa center occupancy; Two private offices, reception area, waiting room, half bath, and kitchenette
