315 State StDoylestown, PA 18901

For Sale
$2,250,000

7,886 SF Medical Office, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 7,886 square foot, two-story medical office building situated on a 1.05-acre lot in Doylestown, Pennsylvania. Built in 1965 and renovated in 2011, the property boasts a single tenant, providing a stable income stream. Located at 315 W State St, this building enjoys high visibility on a major thoroughfare, offering convenient access to Routes 611 and 202. Its prime location within Doylestown's medical hub, adjacent to Doylestown Hospital, ensures strong tenant demand. The property features an elevator, ample on-site parking for approximately 52 cars, and prominent monument signage. The asking price is $2,250,000. Zoned R3-Residential District (non-conforming), this asset benefits from a strong local demographic with a median household income exceeding $145,000 within a 5-mile radius. The building's central Bucks County location, approximately 20 miles north of Philadelphia, PA, further enhances its appeal. This is a rare opportunity to acquire a well-maintained, income-producing medical office building in a thriving market. The property offers a stable investment with potential for future revenue growth. The building has two levels, each with ground-level entry. The APN is 08-003-003-001.

Highlights

  • Stable income with upside potential, perfect for 1031 exchanges and local/regional investors.
  • Long-term lease with a reputable, established medical tenant in the Bucks County market.
  • Prime location adjacent to Doylestown Hospital, a major Bucks County healthcare hub.
  • 7,886± SF building on 1.05± acres in desirable Doylestown Borough.
  • Ample on-site parking (approx. 52 spaces).
  • High-visibility location with monument signage at a Doylestown Borough gateway.

Property Details for 315 State St

Property type
Other office properties, Medical offices
Square Feet
7,886 SF
Year Built/Renovated
1965/2011
Buildings
1
Stories
2
Lot Size (sq. ft)
45,738 SF
Units
1

Location Insight

City
Doylestown
County
Bucks
State
Pennsylvania
Latitude
40.305787841305
Longitude
-75.142106686549
315 State St, Doylestown, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
315 State St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message