Doylestown Office Condos For
For Sale
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Town Center of New Britain, New Britain, PA 18901
1,000 SF office condos in New Britain-Doylestown market.
Property Size1,000 SF
Price / SF$195
Days on Market171
Property Features for Town Center of New Britain
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Retail, Office
Zoning
SC, Shopping Center
Investment Type
Owner/User
Building Details
Units
4
Listing Agency:
KPG Commercial Management
Listed By:
Keith T Metzger · License #PA
Source:
Crexi
Added: May 19
Changed: Oct 25
Last Checked: Nov 4 at 11:59AM
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 KPG Commercial Management
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Investment Insights
Based on property information with market context.
Located just off Route 202 with convenient access to Doylestown and Montgomeryville, these 1,000 SF office condos offer an opportunity for small business owners to own well-located space in the New Britain-Doylestown market. Each unit is configured for a small business owner and can be purchased individually or as a portfolio. The SC zoning allows for a range of medical, office, and service retail uses, making the property a fit for professional offices, medical users, wellness providers, consultants, and other service-based businesses. Town Center of New Britain is home to a mix of medical office, office, and retail businesses, with nearby retail amenities that make it a convenient place to establish and grow your business.
Key Highlights
- Convenient location off Route 202 with easy access to Doylestown and Montgomeryville.
- Opportunity for small business owners to own office space.
- SC zoning allows for a wide range of uses including medical, office, and service retail.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,722
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,440
$314.4K
Cap Rate 7%
$224,600
$224.6K
Cap Rate 9%
$174,689
$174.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$26.0K $26.04/SF
− Vacancy
−$5.1K −$5.08/SF
EGI
$21.0K $20.96/SF
− OpEx
−$5.2K −$5.24/SF
NOI
$15.7K $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%
$314,440
Cap Rate 7%
$224,600
Cap Rate 9%
$174,689
Alternative Uses
Best Use
Office B
$224.6K
$196.5K – $262.0K
NOI $15,722 @ 7.0% cap · market cap 8.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$303.2K
$265.3K – $353.7K
NOI $21,223 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
360
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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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - 1,000 SF office condos in New Britain-Doylestown market.
Where is this office unit located?
The property is located at Town Center of New Britain New Britain, PA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Convenient location off Route 202 with easy access to Doylestown and Montgomeryville.; Opportunity for small business owners to own office space.; SC zoning allows for a wide range of uses including medical, office, and service retail.
