223 Sycamore St Newtown, PA 18940-4403
This exceptional 340 square foot office space is situated in the heart of Newtown's vibrant business district, on highly visible Sycamore Street. The property boasts the character of a historic building, offering a unique and appealing professional environment. Surrounded by thriving retail businesses and restaurants, this location provides excellent visibility and accessibility. The office space itself features its own entrance, easily accessible from a dedicated parking area. Tenants also enjoy access through a formal lobby. Two assigned parking spaces are included, with additional off-street parking available on a first-come, first-served basis. Prominent Sycamore Street signage is also available. The building offers an additional 1,198 square feet of unfinished storage space, though images are not currently available. The landlord is responsible for water, sewer, gas heating, trash disposal, snow removal, and electricity. Tenant responsibilities include phone, internet, and janitorial services for their space. Retail uses are not permitted. This property presents a rare opportunity to secure a well-located, character-filled office space in a thriving Newtown business community. The 0.56-acre lot provides ample parking and convenient access for both tenants and their clients.
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
R1 · Newtown, PANewtown. Always verify with local authorities before improvements.
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.