17 State St Doylestown, PA 18901-4225
Property profile & analytics
17 State St Doylestown, PA 18901-4225
- Retail residential properties
- 5,405 SF
- 0.06 lot acres
Property ID
US73-0838768
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail residential properties
Property Details for 17 State St
- Year built
- 1921
- Lot size
- 0.06 lot acres
- Property size
- 5,405 SF
- Zone code
- CC
- Property type
- Retail residential properties
- APN
- 08-008-257
- APU
- 8008257
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,550,000
- ML approach
- $1,600,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,215,000
- 6.5%
- $1,125,000
- 7%
- $1,040,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,185,000 Current use
- RESTAURANT
- $1,755,000 Change: +48% Conversion: Difficult
- OFFICE BUILDING
- $1,535,000 Change: +29% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,475,000 Change: +24% Conversion: Moderate
- MEDICAL BUILDING
- $1,335,000 Change: +12% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,255,000 Change: +6% Conversion: Difficult
- RETAIL STORES
- $1,070,000 Change: -10% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $980,000 Change: -18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Doylestown
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -75.131
- Latitude
- 40.3099
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,692
$13,780
$34,470
$48,250
-
$188,766
$472,190
$660,956
