17 State St Doylestown, PA 18901-4225
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.
-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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Doylestown, PA-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 Industrial District. § 317 Territory Added to PI Planned Industrial District. § 318 Territo
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.