1438 Manoa RdWynnewood, PA 19096

  • Mixed-use properties
  • 4,174 SF
For Sale
$575,000 View listing

Property Details for 1438 Manoa Rd

Year built
1947
Lot size
0.07 AC
Property size (Sq ft)
4,174 SF
Zone code
C1
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
40-00-34248-00-2
APU
400034248002

Description

This exceptional 2,100 square foot storefront retail space at 1438 Manoa Road in Wynnewood, Pennsylvania, presents a unique investment opportunity. Located in a small strip center, this property boasts a completely renovated interior, completed in 2023. Improvements include a brand new roof, HVAC system, electrical wiring, plumbing, and a modern drop ceiling with energy-efficient LED lighting. The space also features a newly renovated handicap-accessible bathroom. Adding significant value, a finished basement with a powder room provides ample additional storage or potential expansion space. Currently vacant, this property offers immediate occupancy for a discerning buyer. The asking price is $575,000, translating to $273.81 per square foot. The property is situated in Montgomery County, Pennsylvania, with a convenient Wynnewood address and zip code 19096. This single-story building represents a turnkey solution for a retail business seeking a move-in ready location in a desirable area. The comprehensive renovations ensure low maintenance costs and immediate operational readiness. This is an exceptional opportunity to acquire a high-quality retail space in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,175,327
    6.5%
    $1,084,917
    7%
    $1,007,423
  • Comparable approach

    Method
    Valuation
    Relative Method
    $545,375
    Geo Method
    $545,375
  • Alternative Use

    Use
    Valuation
    Residential
    $1,345,298
    Hospitality
    $1,232,285
    Educational
    $1,025,247
    Medical
    $1,060,507
    Retail
    $1,594,828
1438 Manoa Rd, Wynnewood, Pennsylvania

Location Insight

City
Wynnewood
County
Montgomery
State
Pennsylvania
Latitude
39.9841
Longitude
-75.2758
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
$6,953
$77,260
$89,220
$166,480
-
$77,260
$89,220
$166,480

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