643 Swedesford RdMalvern, PA 19355

  • Office properties
  • 2,494 SF
For Sale
$345,000 View listing

Property Details for 643 Swedesford Rd

Year built
1989
Property size (Sq ft)
2,494 SF
Zone code
LI
Property type
Office properties
APN
4203 03060000
APU
420303060000

Description

This 2,494 square foot office/flex condo at 643 Swedesford Road, Malvern, PA, presents a fantastic opportunity. Located on the first floor, the unit is in excellent condition and offers a versatile layout ideal for a variety of businesses. Currently configured with one executive office, three private offices, four cubicles, a spacious open conference area, a kitchen, and a restroom, the space is highly functional. A former loading dock has been converted into office space, but this conversion is easily reversible should the need arise. The property boasts modern amenities including a newer hot water heater and HVAC unit, along with essential safety features such as a sprinkler system and fire/smoke detectors. High-speed internet access is ensured through existing fiber and cable wiring. The unit is serviced by public water and a private sewer system, with plans for public sewer connection in the future. Its strategic location near Routes 30, 202, and the Pennsylvania Turnpike provides exceptional accessibility. Both long-term and short-term lease options are available, with tenant responsibility for utilities. The seller is open to a short-term lease-back arrangement. This property offers a compelling combination of functionality, modern amenities, and a highly convenient location. The flexible layout and lease options make it an attractive investment for a wide range of businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $688,182
    6.5%
    $635,245
    7%
    $589,870
  • Comparable approach

    Method
    Valuation
    Relative Method
    $342,153
    Geo Method
    $325,866
  • Alternative Use

    Use
    Valuation
    Residential
    $787,704
    Hospitality
    $721,532
    Educational
    $600,306
    Medical
    $620,952
    Retail
    $933,810

Location Insight

City
Frazer
County
Chester
State
Pennsylvania
Latitude
40.0423
Longitude
-75.5776
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
2024
$4,602
-
$160,610
$160,610
-
-
$160,610
$160,610

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