601 Conestoga RdVillanova, PA 19085
- Office properties
- 13,936 SF
Property Details for 601 Conestoga Rd
- Year built
- 1900
- Lot size
- 0.72 AC
- Property size (Sq ft)
- 13,936 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 36-04-02166-00
- APU
- 36040216600
Description
This exceptional property at 601 Conestoga Road in Villanova, Pennsylvania, offers 12,000 square feet of versatile retail and office space, ideally situated in the heart of the Main Line. The building, constructed in 1900, boasts a rich history as a former General Store and Supply Depot during the Revolutionary War, adding unique character and charm. Currently, the entire 12,000 square foot building is available, divisible into spaces as small as 800 square feet, accommodating a variety of business needs. The two-story building features four suites in total and provides ample parking with 20 spaces. Its C-1 zoning allows for a range of commercial uses. The location offers unparalleled convenience, with excellent access to major roadways including Route 30 (0.6 miles), I-476 (0.9 miles), I-76 (3.7 miles), and Route 3 (5.5 miles). The high traffic counts on Conestoga Road (11,200 cars per day), S Radnor-Chester Road (6,200 cars per day), and Newtown Road (8,000 cars per day) ensure significant visibility and accessibility. Nearby landmarks include Villanova University (1.1 miles), Radnor High School (1.1 miles), and numerous other businesses, residential areas, and amenities. This property presents a rare opportunity to own a piece of Villanova's history while benefiting from its prime location and strong commercial potential. The Delaware County location, within the Villanova submarket, offers a thriving business environment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,955,856
- 6.5%
- $5,497,714
- 7%
- $5,105,020
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,955,459
- Geo Method
- $1,820,878
-
Alternative Use
- Use
- Valuation
- Residential
- $6,817,164
- Hospitality
- $6,244,486
- Educational
- $5,195,339
- Medical
- $5,374,015
- Retail
- $8,081,638
Location Insight
- City
- Villanova
- County
- Delaware
- State
- Pennsylvania
- Latitude
- 40.0306
- Longitude
- -75.3662
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
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