1316 Bethlehem PikeFlourtown, PA 19031

  • Retail properties
  • 3,048 SF
For Lease

Property Details for 1316 Bethlehem Pike

Year built
1980
Lot size
0.36 AC
Property size (Sq ft)
3,048 SF
Zone code
B1
Property type
Retail properties
Property subtype
Banks
APN
52-00-01819-00-1
APU
520001819001

Description

This prominent freestanding retail building, located at 1316 Bethlehem Pike in Flourtown, Pennsylvania (zip code 19031), offers 2,964 square feet of space currently available for sale or lease. Situated on a 0.36-acre lot, the property boasts a highly visible location at the hard corner of a lighted intersection of Bethlehem Pike and Wissahickon Avenue. The building's design includes a drive-thru, making it ideally suited for a variety of businesses. Its location within a high-income suburb of Philadelphia ensures a strong potential customer base. The property type is retail, with multiple tenancy options. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease portions. The property's strategic location and versatile design make it an attractive prospect for quick-service restaurants (QSRs), medical facilities, or service-oriented businesses. This is a rare opportunity to acquire a well-positioned commercial property in a thriving community. The property's size and features make it a compelling investment for those seeking a high-visibility location with significant potential for growth. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $843,446
    6.5%
    $778,566
    7%
    $722,954
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,005,415
    Geo Method
    $1,003,594
  • Alternative Use

    Use
    Valuation
    Residential
    $656,750
    Hospitality
    $601,579
    Educational
    $500,507
    Medical
    $517,720
    Retail
    $778,566
1316 Bethlehem Pike, Flourtown, Pennsylvania

Location Insight

City
Flourtown
County
Montgomery
State
Pennsylvania
Latitude
40.1023
Longitude
-75.2125
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
2023
$17,376
$146,350
$222,540
$368,890
-
$146,350
$222,540
$368,890

FAQs

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