Three-Story Mixed-Use
New
For Sale
$2,830,000
77-79 COURT STREET, Doylestown, PA 18901
The property pairs ground-floor retail space with upper-level offices and a private lot for up to seven vehicles.
Property Size6,481 SF
Price / SF$436.66
Days on Market5
Property Features for 77-79 COURT STREET
General Information
Standard status
Active
Size
6,481 SF
Total Parking Spaces
7
Property subtype
Commercial
Occupancy
100%
Additional Details
Office Units
9
Amenities
kitchenettes
bathrooms
state of the art electrical systems
CAT 7 cabling
LED lighting
comprehensive water filtration system
full building generator
secure server room with dedicated AC
ADT security system with cameras
low-maintenance indigenous landscaping
Building Details
Year Built
1876
Year Renovated
2020
Buildings
1
Stories
3
Tenancy
Single
Owner Occupied
No
Listing Agency:
J. Carroll Molloy Realtor, LLC
Listed By:
Christina S Nisbet · License #RB007238
(215) 348-3558
Source:
Cummingsrealtors
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 1:58AM
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 J. Carroll Molloy Realtor, LLC
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Investment Insights
Based on property information with market context.
This 6,481-square-foot, three-story property has an open retail layout on the first floor, six offices on the second, and three offices plus a 600-square-foot conference room on the third. Each level includes a kitchenette and bathroom. Improvements completed in 2020 include CAT 7 cabling, LED lighting, updated electrical systems, a building generator, and water filtration. A secure server room has dedicated air conditioning, and the building has an ADT camera security system. The private parking lot accommodates up to seven vehicles.
The property is at 77-79 Court Street in Doylestown, Pennsylvania, steps from the Bucks County Court House, shops, restaurants, and museums. A single tenant occupies the building under a lease with four years remaining and an option for an additional five years. The lease includes a 3.5% annual rental increase.
The property is at 77-79 Court Street in Doylestown, Pennsylvania, steps from the Bucks County Court House, shops, restaurants, and museums. A single tenant occupies the building under a lease with four years remaining and an option for an additional five years. The lease includes a 3.5% annual rental increase.
Key Highlights
- 6,481‑square‑foot, three‑story mixed‑use property
- First floor has an open retail layout; upper floors contain nine offices and a 600‑square‑foot conference room
- Kitchenette and bathroom on each level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,892
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,037,840
$2.0M
Cap Rate 7%
$1,455,600
$1.5M
Cap Rate 9%
$1,132,133
$1.1M
Market Conditions
NOI Build-Up for 6,481 SF
Gross rent
$168.8K $26.04/SF
− Vacancy
−$32.9K −$5.08/SF
EGI
$135.9K $20.96/SF
− OpEx
−$34.0K −$5.24/SF
NOI
$101.9K $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%
$2,037,840
Cap Rate 7%
$1,455,600
Cap Rate 9%
$1,132,133
Alternative Uses
Best Use
Office B
$1.46M
$1.27M – $1.70M
NOI $101,892 @ 7.0% cap · market cap 3.60%
Second Best
Retail
$1.34M
$1.18M – $1.57M
NOI $94,047 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,548 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
9
Office units
100%
Occupancy
Single-tenant
Tenancy
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
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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?
Mixed-use property - The property pairs ground-floor retail space with upper-level offices and a private lot for up to seven vehicles.
Where is this mixed-use property located?
The property is located at 77-79 COURT STREET Doylestown, PA.
What is the asking price?
The asking price for this property is $2,830,000.
What are key features of this property?
This property features: 6,481‑square‑foot, three‑story mixed‑use property; First floor has an open retail layout; upper floors contain nine offices and a 600‑square‑foot conference room; Kitchenette and bathroom on each level
