Freestanding Commercial Building in Line
46 Hilltown Pike, Line Lexington, PA 18932
Charming, renovated commercial/office building with high visibility and modern amenities.
Type:Multifamily, Office, Mixed Use
Property size:
4,248 SFLot size:
0.40 AcresPrice / SF:
$247/SF- Added:
- Mar 18, 2026
- Days on Market:
- 61
- Last Refresh:
- Mar 19 at 11:51 pm
Property Features for 46 Hilltown Pike
General Information
- Standard status
- Active
- Size
- 4,248 SF
- Lot size
- 0.40 Acres
- Property subtype
- Multifamily, Office, Mixed Use
Building Details
- Year Built
- 1900
Listing agent Matthew Morrow License #RS347764
Listing office Realty ONE Group Supreme
Listing date Mar 18, 2026
Source Crexi
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 Realty ONE Group Supreme
HighLights
- Highly visible location at a signalized corner near Route 309, offering excellent exposure and easy access to major commuter routes.
- Substantially rehabbed in 2018, combining classic character with modern functionality.
- 4,248 SF brick building suitable for commercial/office use in the VR (Village Residential) District.
- First floor features multiple generous offices, conference room, and a full kitchen/breakroom.
- ADA‑compliant restroom, handicap ramp, updated finishes, and 200+ amp electric service.
- Zoning may allow a mix of residential and office use (buyer to verify).
Overview
This charming freestanding commercial/office building is located in the VR (Village Residential) District, offering a rare opportunity for ownership or occupancy in a highly visible location in Line Lexington/New Britain Township. Situated at the signalized corner of Hilltown Pike and New Galena Road, less than one block from Route 309, this 0.40± acre suburban site provides excellent exposure and easy access to major commuter routes serving Bucks and Montgomery Counties. Originally constructed circa 1900 and substantially rehabbed in 2018, the brick building offers approximately 4,248 square feet, combining classic character with modern functionality, including a handicap ramp, ADA-compliant restroom, updated finishes, and 200+ amp electric service. The first floor features multiple generous offices, a conference room, and a full kitchen/breakroom area, ideal for professional, administrative, or service uses. The second floor offers additional private offices/conference rooms, plus basement and attic storage. Public water and sewer, oil heat, and available cable/electric utilities support a variety of small business operations, with zoning that may allow a mix of residential and office use.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$742.1K
NOI $66,786 @ 9.00% cap · cautious / downside scenario
Moderate
$954.1K
NOI $66,786 @ 7.00% cap · market / base-case scenario
Aggressive
$1.34M
NOI $66,786 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.6k | $26.04 |
| − Vacancy | −$21.6k | −$5.08 |
| EGI | $89.0k | $20.96 |
| − OpEx | −$22.3k | −$5.24 |
| NOI | $66.8k | $15.72 |
4,248 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$954.1K
$834.8K – $1.11M
NOI $66,786 @ 7.0% cap · market cap 6.36%
Second Best
Mixed Use
$215.2K
$188.3K – $251.1K
NOI $15,066 @ 7.0% cap · market cap 1.43%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,157 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Proactive Financial Strategies
Financial Advisor
Proactive Accounting Solutions
Accounting Firm
Location Insight
- Map
- Local Demand
- City
- Line Lexington
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -75.261505
- Latitude
- 40.288704
FAQs
What type of property is this?
Mixed-use property - Charming, renovated commercial/office building with high visibility and modern amenities.
Where is this mixed-use property located?
The property is located at 46 Hilltown Pike Line Lexington, PA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Highly visible location at a signalized corner near Route 309, offering excellent exposure and easy access to major commuter routes.; Substantially rehabbed in 2018, combining classic character with modern functionality.; 4,248 SF brick building suitable for commercial/office use in the VR (Village Residential) District.
