242 Wood St - Office/Residential FOR SALE


Doylestown, PA 18901
$1,450,000 USD
215-206-0738
242 Wood St, Doylestown, PA for Sale
$1,450,000 USD
Office/Residential - FOR SALE
1/8
null | Request Cap Rate

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242 Wood St
Doylestown, PA 18901


HIGHLIGHTS

  • Mixed-use configuration with both residential and retail components.
  • Located in Doylestown Borough’s Central Commercial district with flexible zoning.
  • On-site parking lot with 15 spaces, a valuable feature in the downtown area.
  • Brick construction on a 0.12-acre lot, providing durability and low maintenance.
  • Walking distance to shops, dining, and cultural attractions in Doylestown.
  • Easy access to major highways and regional transportation routes.

OVERVIEW

This mixed-use property at 242 Wood Street offers a unique investment opportunity in the heart of Doylestown Borough, a vibrant and historic community in Bucks County, Pennsylvania. Positioned within walking distance of downtown amenities, the property combines residential and retail potential, making it an attractive option for investors seeking stable income and long-term appreciation. The building features a brick exterior and is situated on a 0.12-acre lot with a dedicated parking lot providing 15 spaces, a rare advantage in this high-demand area. The property includes multiple units, with one apartment currently occupied and another scheduled to become vacant, offering immediate leasing flexibility. Retail space on the ground floor enhances income diversity and positions the property for strong tenant demand. Located in the Central Commercial zoning district, the property supports a variety of uses, including apartment and general retail, allowing for multiple tenancy options. With proximity to major roadways, public transportation, and the cultural and dining attractions of Doylestown, this asset is well-suited for investors looking to capitalize on a thriving local economy and a desirable residential and commercial market.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

CC

APN/PARCEL ID

08-004-091

ASK ABOUT THIS PROPERTY

Jaye SteutermanJ. Carroll MolloyMore Info
215-206-0738

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Jaye SteutermanJ. Carroll MolloyMore Info
215-206-0738

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.