Property summary
This exceptional investment opportunity presents a 7,886 square foot, two-story medical office building situated on a 1.05-acre lot in Doylestown, Pennsylvania. Built in 1965 and renovated in 2011, the property boasts a single tenant, providing a stable income stream. Located at 315 W State St, this building enjoys high visibility on a major thoroughfare, offering convenient access to Routes 611 and 202. Its prime location within Doylestown's medical hub, adjacent to Doylestown Hospital, ensures strong tenant demand. The property features an elevator, ample on-site parking for approximately 52 cars, and prominent monument signage. The asking price is $2,250,000. Zoned R3-Residential District (non-conforming), this asset benefits from a strong local demographic with a median household income exceeding $145,000 within a 5-mile radius. The building's central Bucks County location, approximately 20 miles north of Philadelphia, PA, further enhances its appeal. This is a rare opportunity to acquire a well-maintained, income-producing medical office building in a thriving market. The property offers a stable investment with potential for future revenue growth. The building has two levels, each with ground-level entry. The APN is 08-003-003-001.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R3 · Doylestown, PAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for R3 in Doylestown, PA.
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