1459 Bethlehem PikeFlourtown, PA 19031

Property Details for 1459 Bethlehem Pike

Year built

1974

Lot size

0.56 AC

Property size (Sq ft)

3,329 SF

Zone code

B1

Property type

Commercial real estate

APN

52-00-01630-00-1

APU

520001630001

Description

This exceptional retail opportunity presents 1,500 square feet of former Starbucks space at 1459 Bethlehem Pike in Flourtown, Pennsylvania. Boasting high visibility on Bethlehem Pike, the property benefits from a recent single-lane road format, ensuring easy access for customers. The location is strategically positioned within a half-mile radius of a diverse range of established retailers, including Walgreens, Acme, Giant, Wawa, Santander Bank, Chase Bank, McDonald's, and Dunkin', among other national and regional brands. This concentration of businesses serves the vibrant Flourtown community, guaranteeing a strong customer base. The quoted monthly rent does not include triple net (NNN) charges, which are estimated at approximately $10.72 per square foot. This property sits on a 0.56-acre lot. There's also the potential to combine this space with an adjacent 2,000 square foot unit, and the possibility of adding a drive-thru, making it an exceptionally versatile and adaptable retail space. This presents a unique chance to establish a thriving business in a high-traffic, well-established commercial area. The property is ideal for a variety of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $719,137

  6.5%

  $663,818

  7%

  $616,403

• Comparable approach

  Method

  Valuation

  Relative Method

  $435,838

  Geo Method

  $434,967

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,312,250

  Retail / Commercial

  $671,869

  Mixed-Use / Specialty

  $668,649

  Hospitality / Lodging

  $489,493

  Office

  $663,818

  Institutional / Educational

  $694,831

  Residential Income

  $812,952

  Multifamily

  $979,581

  Automotive / Energy

  $595,570

  Parking / Income-Based Land

  $206,338

  Restaurant / Food Service

  $346,011

  Healthcare / Senior Housing

  $686,532

Location Insight

City

Flourtown

County

Montgomery

State

Pennsylvania

Latitude

40.1046

Longitude

-75.2137

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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