601 Conestoga RdVillanova, PA 19085

  • Office properties
  • 13,936 SF
For Lease

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
601 Conestoga Rd, Villanova, Pennsylvania

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

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
2024
$19,190
$168,690
$780,460
$949,150
-
-
-
$949,150

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