Medical-Anchored Mixed-Use
New
For Sale
Contact for pricing
833 North Bethlehem Pike, Spring House, PA 19477
A dental office and occupied apartments share a two-building commercial and residential layout.
Property Size2,400 SF
Price / SF$208.30
Days on Market6
Property Features for 833 North Bethlehem Pike
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multifamily, Office
Zoning
D - Business
Occupancy
100%
Lease Type
NNN
Investment Type
Value Add
Units
Multifamily Units
4
Office Units
1
Additional Details
Asking Price
$1,350,000
Road Access
Yes
Building Details
Buildings
2
Units
5
Tenancy
Multi
Building Size
2,400 SF
Listing Agency:
M.S. Fox Real Estate Group
(215) 568-8000
Listed By:
Brett Fox · License #RS320828
Source:
Crexi
Added: Jul 30
Changed: Aug 4
Last Checked: Aug 4 at 7:29AM
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 M.S. Fox Real Estate Group
Investment Insights
Based on property information with market context.
This mixed-use property comprises two buildings combining medical office space with residential apartments. The portfolio includes a 2,400 SF dental office leased on a long-term basis to a national institutional dental group, along with a 4,061 SF apartment building containing four units. All apartments are occupied by long-term tenants, creating a fully leased configuration across the property.
Located at 833 North Bethlehem Pike in Spring House, Pennsylvania, the property sits directly on Bethlehem Pike within the local business corridor. The site is subject to D - Business zoning and brings together medical and residential components within one commercial asset.
Located at 833 North Bethlehem Pike in Spring House, Pennsylvania, the property sits directly on Bethlehem Pike within the local business corridor. The site is subject to D - Business zoning and brings together medical and residential components within one commercial asset.
Key Highlights
- 2,400 SF dental office leased long term to a national institutional dental group
- 4,061 SF apartment building with four units
- All apartment units occupied by long‑term tenants
Financial Insights For Office B
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 | $168.8k | $26.04 |
| − Vacancy | −$32.9k | −$5.08 |
| EGI | $135.9k | $20.96 |
| − OpEx | −$34.0k | −$5.24 |
| NOI | $101.9k | $15.72 |
6,481 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.46M
$1.27M – $1.70M
NOI $101,892 @ 7.0% cap · market cap 7.55%
Second Best
Multifamily LT 5
$1.35M
$1.18M – $1.57M
NOI $94,168 @ 7.0% cap · market cap 6.98%
Theoretical Best
Specialty Retail
$3.73M
$3.26M – $4.35M
NOI $260,956 @ 7.0% cap · market cap 19.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Explore this area
Business Placement
Demographics for 19477, PA
126
Population
43
Households
2.9
Avg Household Size
52
Median Age
80%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
1,260
Density / Sq Mi
Market
Properties on Market for Mixed-use properties in Montgomery County
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A dental office and occupied apartments share a two-building commercial and residential layout.
Where is this mixed-use property located?
The property is located at 833 North Bethlehem Pike Spring House, PA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2,400 SF dental office leased long term to a national institutional dental group; 4,061 SF apartment building with four units; All apartment units occupied by long‑term tenants
