1438 Manoa RdWynnewood, PA 19096
- Mixed-use properties
- 4,174 SF
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
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
Comparable in this City
Similar Nearby for Sale
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