1316 Bethlehem PikeFlourtown, PA 19031

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

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.

• 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

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

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