174 State StDoylestown, PA 18901

Property Details for 174 State St

Year built

1875

Lot size

0.13 AC

Property size (Sq ft)

2,800 SF

Zone code

CC

Property type

Office buildings

APN

08-004-107

APU

8004107

Description

This exceptional commercial property, located at 174 W State St, Doylestown, PA 18901, presents a rare opportunity in the heart of Bucks County. The 2,995 square foot building, constructed in 1998, sits on a 0.145-acre lot and boasts a highly desirable Central Commercial (CC) zoning designation. This versatile zoning allows for a wide range of uses, including retail, office space, professional services, and select food establishments. The two-story building offers excellent visibility and foot traffic, situated near McCaffrey's Market and surrounded by thriving businesses, cultural landmarks, and the Bucks County Courthouse. Nine on-site parking spaces are a significant advantage in this location. The property benefits from unmatched accessibility, with easy access to Route 611 Bypass and Route 202 Parkway, and frontage on W. State Street, S. Franklin Street, and Beek Street. The building is well-maintained and ready for immediate occupancy, offering a turnkey solution for businesses seeking a prime location in a vibrant community. The asking price is $865,000. This is a truly unique opportunity to establish your business in one of Bucks County's most dynamic locations. The property features one building with a total of nine parking spaces. The parcel number is 08-004-107.

• CAP approach

  CAP return

  Valuation

  6%

  $695,563

  6.5%

  $642,058

  7%

  $596,197

• Comparable approach

  Method

  Valuation

  Relative Method

  $368,307

  Geo Method

  $365,848

• Alternative Use

  Use

  Valuation

  Residential

  $796,153

  Hospitality

  $729,272

  Educational

  $606,745

  Medical

  $627,612

  Retail

  $943,826

Location Insight

City

Doylestown

County

Bucks

State

Pennsylvania

Latitude

40.308

Longitude

-75.1348

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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