Mixed-Use Building with Printing
For Sale
$1,150,000
671 N Main St, Doylestown, PA 18901
Well-maintained mixed-use property with an active printing business and two 2-bedroom apartments, fully occupied.
Property Size6,144 SF
Price / SF$187.17
Days on Market55
Property Features for 671 N Main St
General Information
Standard status
Active
Size
6,144 SF
Property subtype
Commercial
Zoning
FC
Occupancy
100%
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,574
Building Details
Year Built
1947
Stories
2
Tenancy
Multi
Listing Agency:
ADDISON WOLFE REAL ESTATE
(215) 862-5500
Listed By:
SHARON L PRATT
Source:
Corcoran
Added: Jun 30
Changed: Aug 21
Last Checked: Aug 22 at 8:11AM
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 ADDISON WOLFE REAL ESTATE
Investment Insights
Based on property information with market context.
This well-maintained mixed-use commercial property is zoned FC (Free Standing Commercial) and is currently fully occupied. The first level is devoted to a long-time printing business on a month-to-month lease. The second level contains two spacious 2-bedroom, 1-bath apartments; one unit is on a month-to-month arrangement, and the other has been recently remodeled with a lease scheduled to run until 12/31/26. Permitted uses are broad, supporting a range of commercial and residential applications under the existing zoning.
Located in Doylestown Borough, the property is minutes from downtown and offers convenient access to both RT 611 and RT 313.
For tenants and buyers seeking a mixed-use setup, the building provides immediate in-place income through the existing printing operation and residential units while keeping flexibility with the zoning and permitted-use framework. The combination of a street-level commercial component and upstairs apartments can support a variety of ownership and operating strategies, depending on how the future tenants plan to use the FC zoning permissions.
Located in Doylestown Borough, the property is minutes from downtown and offers convenient access to both RT 611 and RT 313.
For tenants and buyers seeking a mixed-use setup, the building provides immediate in-place income through the existing printing operation and residential units while keeping flexibility with the zoning and permitted-use framework. The combination of a street-level commercial component and upstairs apartments can support a variety of ownership and operating strategies, depending on how the future tenants plan to use the FC zoning permissions.
Key Highlights
- Well‑maintained mixed‑use property in Doylestown Borough, FC (Free Standing Commercial) zoning, with immediate in‑place income
- Currently fully occupied; first level leased to a printing business on a month‑to‑month lease
- First level includes 4,096 SF for the long‑time printing business
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$89,157
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,783,140
$1.8M
Cap Rate 7%
$1,273,671
$1.3M
Cap Rate 9%
$990,633
$990.6K
Market Conditions
NOI Build-Up for 6,144 SF
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.
Gross rent
$134.9K $21.96/SF
− Vacancy
−$7.6K −$1.23/SF
EGI
$127.4K $20.73/SF
− OpEx
−$38.2K −$6.22/SF
NOI
$89.2K $14.51/SF
Area
Bucks County, PA
Vacancy
5.60%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,783,140
Cap Rate 7%
$1,273,671
Cap Rate 9%
$990,633
Alternative Uses
Best Use
Retail
$1.27M
$1.11M – $1.49M
NOI $89,157 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$1.09M
$950.9K – $1.27M
NOI $76,072 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,396 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Explore this area
Business Placement
Demographics for 18901, PA
28,395
Population
11,431
Households
2.5
Avg Household Size
47
Median Age
58%
College-Educated
98%
High-School Grad
21.0 sq mi
ZIP Area
1,352
Density / Sq Mi
$115,425
Median Household Income
$54,548
Median Earnings
$1,890
Median Rent
$544,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Well-maintained mixed-use property with an active printing business and two 2-bedroom apartments, fully occupied.
Where is this mixed-use property located?
The property is located at 671 N Main St Doylestown, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Well‑maintained mixed‑use property in Doylestown Borough, FC (Free Standing Commercial) zoning, with immediate in‑place income; Currently fully occupied; first level leased to a printing business on a month‑to‑month lease; First level includes 4,096 SF for the long‑time printing business
