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    OFF-MARKET
    Retail residential properties

    196 Ashland St, Doylestown, PA 18901-4040

    759 SF 0.4 ac lot Built 1985
    Entity Owned 7-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
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    Owner & transaction history
    Martini Real Estate Group LLC · 7 yrs held
    Martini Real Estate Group LLC
    since 2018
    7 recorded transactions
    2018
    $2.6M
    2011
    2009
    2008
    2003
    $58,750
    2003
    $1.8M
    2001
    Zoning & alternative use
    CC · Doylestown, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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