735 York RdWillow Grove, PA 19090

Property Details for 735 York Rd

Year built

1960

Lot size

0.68 AC

Property size (Sq ft)

13,632 SF

Zone code

C1

Property type

Investment properties

Property subtype

Live-work space

APN

59-00-19915-00-6

APU

590019915006

Description

This exceptional 13,585 square foot retail storefront at 735 N. York Road, Willow Grove, PA, presents a unique owner/user investment opportunity. Built in 1960, the property boasts a highly visible frontage along the heavily trafficked North/South York Road corridor, benefiting from strong demographics and high traffic counts within the Willow Grove regional trade area. The interior features a versatile layout, including a turnkey kitchen and food prep area in Unit B, ideal for various food-related businesses. Unit C provides ample functional storage space complete with a loading dock, a significant advantage in today's supply-constrained industrial market. This property benefits from its location in a dense commercial market with significant barriers to entry due to a scarcity of large developable parcels. Its strategic position offers easy access to major transportation arteries, including the Pennsylvania Turnpike (Route 276 Willow Grove Interchange) and Route 611, providing convenient connections to both Philadelphia and Doylestown. The asking price for this exceptional property is $1,750,000. This presents a rare opportunity to acquire a well-situated, versatile retail space in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,253,777

  6.5%

  $2,080,409

  7%

  $1,931,809

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,781,157

  Geo Method

  $1,781,157

• Alternative Use

  Use

  Valuation

  Residential

  $2,579,708

  Hospitality

  $2,362,998

  Educational

  $1,965,987

  Medical

  $2,033,600

  Retail

  $3,058,202

Location Insight

City

Willow Grove

County

Montgomery

State

Pennsylvania

Latitude

40.1524

Longitude

-75.1132

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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