236 Woodbine AveNarberth, PA 19072

  • Mixed-use properties
  • 2,378 SF
For Lease
$22.32/SF/YR View listing

Property Details for 236 Woodbine Ave

Year built
1920
Lot size
0.03 AC
Property size (Sq ft)
2,378 SF
Zone code
C
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
12-00-03712-00-2
APU
120003712002

Description

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
236 Woodbine Ave, Narberth, Pennsylvania

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,976
$52,820
$31,000
$83,820
-
$52,820
$31,000
$83,820

FAQs

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