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Property profile & analytics
OFF-MARKET Estimated value $1,550,000
Retail residential properties

17 State St Doylestown, PA 18901-4225

5,405 SF 0.06 ac lot Built 1921
Entity Owned ~ Est. High Equity
Property ID
US73-0838768
Property summary
AI-generated overview

This exceptional mixed-use property, located at 17 W State Street in the heart of Doylestown Borough, Pennsylvania, presents a compelling investment opportunity. The 5,200 square foot building sits on a 0.06-acre lot and is currently fully occupied by a diverse mix of long-term tenants, ensuring consistent rental income. The ground floor is occupied by an established home goods retailer, a tenant since 2020, who has significantly grown their business within this prime location. The second floor houses a well-established yoga studio, a fixture in the community for over 15 years, demonstrating the property's enduring appeal. The third floor is a residential apartment, experiencing only short vacancy periods between occupants. All utilities are separately metered for efficient management and cost allocation. This property offers a unique blend of commercial and residential income streams, providing stability and potential for future appreciation in a highly desirable downtown Doylestown location. The asking price is $1,675,000. This is an excellent opportunity to acquire a stable, income-producing asset in a thriving borough. The long-term tenants and established businesses contribute to a low-risk, high-return investment profile. The property's central location provides easy access to local amenities, transportation, and a vibrant community.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1921
Total area 5,405 SF
Lot 0.06 ac (2,760 SF)
Zoning code CC
APN 08-008-257
UPID US73-0838768
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.60M
CAP Approach CAP
$1.13M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.55M
Owner & transaction history
17 West State Holdings LLC
17 West State Holdings LLC
since 2025
Last sale
$1.4M
4 recorded transactions
2025
$1.4M
2021
$1.4M
2004
Price N/A
1969
Price N/A
Zoning & alternative use
CC · Doylestown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

-H Central Residential Highrise. § 312 Territory Added to O Office District. § 313 Territory Added to RC Retail Commercial District. § 313.1 Territory Added to RC-1 Retail Commercial 1 District. § 314 Territory Added to CC Central Commercial District. § 315 Territory Added to FC Free-Standing Commercial District. § 316 Territory Added to CI Central Industria…

Zone name Central Commercial
General category COMMERCIAL
Zone area 59.76 ac
Top alternative use upside
Restaurant $1.8M +47.8%
Office building $1.5M +29.2%
Apartment house (5+ units) $1.5M +24.5%
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