1316 Bethlehem PikeFlourtown, PA 19031
- Retail properties
- 3,048 SF
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
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
Comparable in this City
Similar Nearby for Sale
FAQs
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