8 Village AveExton, PA 19341

Property Details for 8 Village Ave

Year built

1984

Lot size

1.00 AC

Property size (Sq ft)

4,824 SF

Zone code

RA

Property type

Auto shops

APN

3304 00190500

APU

330400190500

Description

This exceptional 4,824 square foot free-standing building presents a unique investment opportunity in the desirable North Exton area of Pennsylvania. Situated on a one-acre lot, the property boasts flexible zoning, allowing for a diverse range of uses including retail, professional office space, medical office, or even a church. The current configuration offers significant potential for immediate occupancy and operation, while the ample land provides a clear path for future expansion to accommodate business growth. This strategic location offers unparalleled convenience, with very close proximity to the vibrant Lionville Business District. This district is home to a wide array of shops, restaurants, and service businesses, ensuring high visibility and accessibility for any business operating from this location. The property benefits from the convenience of public sewer and on-site water, eliminating the complexities and costs associated with private utilities. This is a rare chance to acquire a versatile commercial property in a thriving location with significant upside potential. The asking price is $1,000,000. Don't miss this opportunity to secure your future in a prime Exton location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,956,732

  6.5%

  $1,806,215

  7%

  $1,677,199

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,667,755

  Geo Method

  $1,588,366

• Alternative Use

  Use

  Valuation

  Residential

  $1,523,610

  Hospitality

  $1,395,618

  Educational

  $1,161,138

  Medical

  $1,201,071

  Retail

  $1,806,215

Location Insight

City

Exton

County

Chester

State

Pennsylvania

Latitude

40.0549

Longitude

-75.6612

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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