116 Greenwood AveWyncote, PA 19095

  • Mixed-use properties
  • 3,346 SF
For Sale
$395,000 View listing

Property Details for 116 Greenwood Ave

Year built
1898
Lot size
0.11 AC
Property size (Sq ft)
3,346 SF
Zone code
C3
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
31-00-12652-00-7
APU
310012652007

Description

This exceptional office building, located at 116 Greenwood Avenue in the desirable Wyncote, PA neighborhood, presents a compelling investment opportunity. The property boasts a substantial 3,350 square feet of office space, ideal for a variety of business uses. Situated on a conveniently sized 0.11-acre lot, the building offers ample space and potential for expansion or modification to suit specific operational needs. The asking price of $395,000 represents a competitive entry point into the Wyncote commercial real estate market. Given its location and size, this property is well-suited for established businesses seeking to relocate or expand, or for entrepreneurs looking to establish a new presence in a thriving community. The building's layout and features are adaptable, allowing for customization to meet the requirements of diverse tenants. Its prime location in Wyncote offers easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. This presents a rare chance to acquire a well-positioned commercial property in a highly sought-after area. Serious inquiries are encouraged to explore the full potential of this valuable asset. Further details regarding the building's specifications and potential uses are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $553,194
    6.5%
    $510,640
    7%
    $474,166
  • Comparable approach

    Method
    Valuation
    Relative Method
    $437,188
    Geo Method
    $437,188
  • Alternative Use

    Use
    Valuation
    Residential
    $633,194
    Hospitality
    $580,002
    Educational
    $482,555
    Medical
    $499,151
    Retail
    $750,641
116 Greenwood Ave, Wyncote, Pennsylvania

Location Insight

City
Wyncote
County
Montgomery
State
Pennsylvania
Latitude
40.0919
Longitude
-75.1395
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
$8,474
$66,910
$59,980
$126,890
-
$66,910
$59,980
$126,890

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].