234 Woodbine AveNarberth, PA 19072

Property Details for 234 Woodbine Ave

Year built

1924

Lot size

0.03 AC

Property size (Sq ft)

2,630 SF

Zone code

C

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

12-00-03709-00-5

APU

120003709005

Description

This 850-square-foot commercial space at 234 Woodbine Avenue in desirable Narberth Borough offers a fantastic opportunity for a single-tenant business. The property is classified as retail, office, and restaurant space, but is currently configured as a traditional, executive, or creative office space. The main floor boasts a bright and open floor plan, ideal for various business setups. Durable tile flooring runs throughout the space, adding to its practicality. A convenient bathroom and ample storage are included, enhancing the functionality of the property. Adding to the appeal is a small, private outdoor patio, perfect for breaks or informal meetings. The property's single-tenant occupancy ensures exclusive use and control. Located in Montgomery County, this space provides easy access to local amenities and transportation. This versatile property is ready for immediate occupancy and presents a unique chance to establish or expand your business in a thriving community. Schedule a viewing to experience the potential of this exceptional commercial space firsthand. The property is suitable for a variety of uses, including traditional office, executive office, or creative office settings.

• CAP approach

  CAP return

  Valuation

  6%

  $740,563

  6.5%

  $683,597

  7%

  $634,768

• Comparable approach

  Method

  Valuation

  Relative Method

  $343,636

  Geo Method

  $343,636

• Alternative Use

  Use

  Valuation

  Residential

  $847,660

  Hospitality

  $776,452

  Educational

  $645,999

  Medical

  $668,216

  Retail

  $1,004,887

Location Insight

City

Narberth

County

Montgomery

State

Pennsylvania

Latitude

40.0096

Longitude

-75.2593

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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