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28354125
28354629

1007 N Easton Rd, Doylestown, PA 18902

KM
RS284266
Equity CRE
Listed by Equity CRE
$1,499,000
205 days on market
Updated 23 days ago

Redevelopment Opportunity | Doylestown, PA

Details
Property Type Mixed Use, Office (+1)
Sub Type Convenience Store, Medical Office (+1)
Square Footage 10,086
Net Rentable (SqFt) 10,086
Units 5
Cap Rate 7.2%
NOI $108,000
Occupancy 100%
Price per SqFt $149
Year Built 1973
Buildings 1
Stories 1
Acreage 1.840
Zoning C-1
Ground Lease No
Ownership Fee Simple

Mixed Use | 7.20% CAP | 10,086 SqFt

Marketing description

Equity CRE is pleased to offer the opportunity to purchase a ±10,086 Sq Ft shopping center on approximately 1.84 Acres in Doylestown, PA. Located at 1007 N Easton Rd, this property sits on a primary corridor from the Lehigh Valley to Philadelphia. This bustling corridor sees approximately 19,931 vehicles per day. This offering features ±45 off-street parking spaces with space to grow. While the existing improvements are dated and leased to a mix of local tenants, the site’s size, zoning, and location present a strong redevelopment opportunity. Under the current C-1 zoning, the property could be repositioned through a major renovation and expansion of the existing structure, potentially adding additional residential or commercial units, or fully redeveloped to support a new mixed-use or retail concept that better aligns with current market demand. The generous lot size, ample frontage, and flexible zoning create a range of potential value-add and redevelopment pathways for an investor or owner-user with vision.

Investment highlights

  • Favorable zoning allows for flexible redevelopment options
  • Opportunity for covered land play
  • Strong traffic counts
  • Proximity to lively downtown Doylestown

Listing Contacts

KM
RS284266
Equity CRE
Listed by Equity CRE

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$108,000.00
$9,000.00/mo

Valuation Metrics

0
DSCR
7.2%
Cap Rate
7.2%
ROI

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