601 Conestoga RdVillanova, PA 19085

Property Details for 601 Conestoga Rd

Year built

1900

Lot size

0.72 AC

Property size (Sq ft)

13,936 SF

Property type

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.

• 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

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