This exceptional 1,050-square-foot commercial property at 236 Woodbine Avenue in desirable Narberth Borough presents a unique opportunity. The building, constructed in 1920, offers a blend of historic charm and modern functionality, perfect for a variety of businesses. The single-tenant space features a bright, open floor plan on the ground floor, ideal for client interaction or collaborative work. Durable tile flooring throughout adds to the ease of maintenance. A convenient bathroom and ample storage are included. A small, private outdoor patio provides a welcome respite. Upstairs, a second floor offers additional office space, providing flexibility for expansion or separation of work areas. The property is classified as Retail, Office, and encompasses Traditional Office, Executive Office, and Creative Office subtypes. This versatile space is ready for immediate occupancy and presents an excellent opportunity to establish or expand your business in a thriving community. The property's location in Narberth Borough offers easy access to local amenities and transportation. Don't miss this chance to secure this well-maintained and conveniently located commercial space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$669,604
6.5%
$618,096
7%
$573,946
Comparable approach
Method
Valuation
Relative Method
$310,709
Geo Method
$310,709
Alternative Use
Use
Valuation
Residential
$766,439
Hospitality
$702,054
Educational
$584,101
Medical
$604,189
Retail
$908,601
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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