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Property profile & analytics
OFF-MARKET Estimated value $225,000
Retail residential properties

196 Ashland St Doylestown, PA 18901-4040

759 SF 0.4 ac lot Built 1985
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US73-6003319
Property summary
AI-generated overview

This Class A, 11,000 square foot office building in Bucks County, Pennsylvania, offers a unique blend of modern amenities and historic charm. Located at 196 West Ashland Street, 3rd Floor, New Britain, PA 18901, this renovated (2019) property boasts 350 suites, with 5,520 square feet currently vacant. The building features original hardwood floors and exposed beam ceilings, preserving its rustic character within a convenient location. Office spaces range from 10 square feet to a maximum contiguous 1,300 square feet, catering to diverse business needs, from individual executive offices to larger teams. Multiple tenancy options are available, including private, fully furnished, and equipped offices, serviced offices, custom spaces, and day offices. The building includes elevators for easy access to all floors. Its prime location offers easy access to major commercial hubs via direct rail links to New York City, Philadelphia, and Washington, D.C., while also providing proximity to Doylestown's shops, restaurants, and cultural attractions. This exceptional property presents a rare opportunity to establish a presence in a thriving, historically rich community.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1985
Total area 759 SF
Lot 0.4 ac (17,250 SF)
Zoning code CC
APN 08-008-377
UPID US73-6003319
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k
Owner & transaction history
Martini Real Estate Group LLC · 8 yrs held
Martini Real Estate Group LLC
since 2018
7 recorded transactions
2018
$2.6M
2011
Price N/A
2009
Price N/A
2008
Price N/A
2003
$58,750
2003
$1.8M
2001
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
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