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, office 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 two apartments currently occupied on month to month lease, offering immediate leasing flexibility. Both tenants would accept longer term leases. Retail or office 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, office 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.