340 York RdHatboro, PA 19040

Property Details for 340 York Rd

Year built

1955

Lot size

0.24 AC

Property size (Sq ft)

2,790 SF

Zone code

RC2

Property type

Investment properties

Property subtype

Live-work space

APN

08-00-06718-00-6

APU

80006718006

Description

This exceptional 2,800 square foot, single-story commercial building presents a remarkable opportunity in the thriving Hatboro retail corridor. Strategically located at the gateway to Hatboro, this property enjoys high visibility at the signalized intersection of Route 263 and Horsham Road. Situated in the densely populated Philadelphia suburb of Hatboro-Horsham, the building benefits from a strong local customer base and proximity to numerous other retailers and businesses. Its convenient location is further enhanced by its close proximity to Hatboro's SEPTA station (less than 0.05 miles) and the PA Turnpike Willow Grove Interchange (approximately 2 miles). The building itself features 12-foot high ceilings and offers ample parking for eight vehicles on a 10,300 square foot lot. Previously occupied by a dry cleaner, the property is being sold "as-is," offering a blank canvas for a wide range of business ventures. This is an ideal investment for business owners or investors seeking a high-traffic location in a bustling borough. The motivated seller invites inquiries and encourages immediate viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $461,270

  6.5%

  $425,788

  7%

  $395,375

• Comparable approach

  Method

  Valuation

  Relative Method

  $364,541

  Geo Method

  $364,541

• Alternative Use

  Use

  Valuation

  Residential

  $527,977

  Hospitality

  $483,624

  Educational

  $402,370

  Medical

  $416,208

  Retail

  $625,908

Location Insight

City

Hatboro

County

Montgomery

State

Pennsylvania

Latitude

40.1723

Longitude

-75.1096

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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