735 Bethlehem PikeFlourtown, PA 19031

Property Details for 735 Bethlehem Pike

Year built

2019

Lot size

0.75 AC

Property size (Sq ft)

9,474 SF

Zone code

VC3

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

65-00-00745-00-9

APU

650000745009

Description

This exceptional mixed-use property, situated at 735 Bethlehem Pike in Flourtown, Pennsylvania, presents a compelling investment opportunity. Built in 2019, this two-story building boasts 5,814 square feet on a 0.75-acre lot. The property's strategic location within the Flourtown business district ensures excellent retail visibility and benefits from high traffic counts and strong economic demographics. Its proximity to the Fort Washington interchange and Route 309 provides easy access for customers and employees. The building is zoned Village Commercial #3 and features two ground-floor commercial units, ideal for a variety of businesses. Upstairs, two bright, second-floor apartments offer private entrances, providing additional income streams. A full basement offers ample storage space. This property is a newly constructed building offering a blend of commercial and residential space, making it an attractive investment for both income generation and potential appreciation. The property is available for sale individually, or in conjunction with the adjacent 725 Bethlehem Pike property, offering flexibility for potential buyers. The asking price is $2,000,000. Detailed information regarding the individual unit sizes and lease terms is available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $1,956,438

  6.5%

  $1,805,943

  7%

  $1,676,947

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,241,934

  Geo Method

  $1,237,873

• Alternative Use

  Use

  Valuation

  Residential

  $2,239,369

  Hospitality

  $2,051,250

  Educational

  $1,706,616

  Medical

  $1,765,309

  Retail

  $2,654,736

Location Insight

City

Flourtown

County

Montgomery

State

Pennsylvania

Latitude

40.1137

Longitude

-75.2149

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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