1438 Manoa RdWynnewood, PA 19096

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

Investment properties

Property subtype

Live-work space

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.

• 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

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

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