400 Main StDoylestown, PA 18901

  • Retail properties
  • 39,960 SF
For Lease

Property Details for 400 Main St

Year built
1959
Lot size
22.06 AC
Property size (Sq ft)
39,960 SF
Zone code
RC
Property type
Retail properties
Property subtype
Community centers
APN
08-005-207
APU
8005207

Description

This exceptional Class A retail property, located at 400 N Main St, Doylestown, PA 18901, offers a unique investment opportunity in the heart of Bucks County. Situated in the historic Doylestown Borough, this highly desirable location benefits from its status as the county seat and its reputation as one of the region's premier communities. The property, known as Doylestown Center, is a single-story strip center totaling 249,317 square feet. Multiple tenancies are available, with spaces ranging from a minimum of 745 square feet to a maximum contiguous space of 61,915 square feet, providing flexibility for a variety of retail businesses. The property is zoned Retail Commercial (RC), ensuring a seamless operation for retail ventures. Its convenient location on N Main St, with cross access via Veterans Lane, provides excellent visibility and accessibility for customers. This is an unparalleled chance to establish or expand your retail presence in a thriving and affluent market. The property's size and flexible space options make it suitable for a wide range of retail concepts, from small boutiques to larger flagship stores. Don't miss this opportunity to secure a prime retail location in one of Pennsylvania's most sought-after areas.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,592,225
    6.5%
    $13,469,746
    7%
    $12,507,621
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,245,797
    Geo Method
    $13,157,357
  • Alternative Use

    Use
    Valuation
    Residential
    $11,362,235
    Hospitality
    $10,407,746
    Educational
    $8,659,122
    Medical
    $8,956,923
    Retail
    $13,469,746
400 Main St, Doylestown, Pennsylvania

Location Insight

City
Doylestown
County
Bucks
State
Pennsylvania
Latitude
40.3212
Longitude
-75.1324
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$623,434
$559,640
$2,901,000
$3,460,640
-
$7,666,268
$39,739,552
$47,405,820

FAQs

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