Second-Floor Office
For Sale
$650,000
B1-1105 Bethlehem Pike, Sellersville, PA 18960
Elevator-served condominium office unit with an existing NNN lease and owner-occupancy flexibility.
Property Size3,200 SF
Price / SF$203.13
Days on Market424
Property Features for B1-1105 Bethlehem Pike
General Information
Standard status
Active
Size
3,200 SF
Elevators
Yes
Additional Details
Floor
2
Taxes and HOA fees
Annual Taxes
$6,041
Building Details
Tenancy
Single
Owner Occupied
No
Listing Agency:
Keller Williams Real Estate-Doylestown
(215) 340-5700
Listed By:
Chad B Blankenbiller · License #RS277047
(215) 589-8080
Source:
Exprealty
Added: Aug 19, 2025
Changed: Oct 5
Last Checked: Oct 16 at 9:46AM
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 Keller Williams Real Estate-Doylestown
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit B1 is a second-floor office condominium within Rockhill Plaza, a multi-tenant commercial condo building. The unit contains 2,691 square feet of interior space, while the transfer includes 3,200 square feet incorporating the front and rear stairways and front vestibule. Those shared areas are maintained by the condominium association, and the unit is accessible by elevator.
The property is leased on an NNN basis to Alpine Mechanical Services LLC through April 2028, with two one-year renewal options. The tenant is responsible for taxes, insurance, utilities, and condominium association fees. The tenant may consider relocating if a future owner intends to occupy the unit. The property is located at B1-1105 Bethlehem Pike in Sellersville, with access to Rt. 309 and a position within 1.5 miles of Grand View Hospital.
The property is leased on an NNN basis to Alpine Mechanical Services LLC through April 2028, with two one-year renewal options. The tenant is responsible for taxes, insurance, utilities, and condominium association fees. The tenant may consider relocating if a future owner intends to occupy the unit. The property is located at B1-1105 Bethlehem Pike in Sellersville, with access to Rt. 309 and a position within 1.5 miles of Grand View Hospital.
Key Highlights
- 2,691 SF of interior office space in Unit B1
- 3,200 SF transferred, including front and rear stairways and front vestibule
- Second‑floor unit with elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,309
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,180
$1.0M
Cap Rate 7%
$718,700
$718.7K
Cap Rate 9%
$558,989
$559.0K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$83.3K $26.04/SF
− Vacancy
−$16.2K −$5.08/SF
EGI
$67.1K $20.96/SF
− OpEx
−$16.8K −$5.24/SF
NOI
$50.3K $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%
$1,006,180
Cap Rate 7%
$718,700
Cap Rate 9%
$558,989
Alternative Uses
Best Use
Office B
$718.7K
$628.9K – $838.5K
NOI $50,309 @ 7.0% cap · market cap 7.74%
Second Best
Healthcare Medical
$632.4K
$553.4K – $737.9K
NOI $44,271 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$970.2K
$848.9K – $1.13M
NOI $67,915 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
Explore this area
Business Placement
Demographics for 18960, PA
13,561
Population
5,264
Households
2.6
Avg Household Size
44
Median Age
40%
College-Educated
96%
High-School Grad
19.1 sq mi
ZIP Area
710
Density / Sq Mi
$103,594
Median Household Income
$52,215
Median Earnings
$1,361
Median Rent
$373,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Elevator-served condominium office unit with an existing NNN lease and owner-occupancy flexibility.
Where is this office units located?
The property is located at B1-1105 Bethlehem Pike Sellersville, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,691 SF of interior office space in Unit B1; 3,200 SF transferred, including front and rear stairways and front vestibule; Second‑floor unit with elevator access
