45 3Rd StOxford, PA 19363

Property Details for 45 3Rd St

Year built

1890

Lot size

0.15 AC

Property size (Sq ft)

9,566 SF

Zone code

C3

Property type

Office properties

Property subtype

Office buildings

APN

0604 02330000

APU

60402330000

Description

This exceptional retail opportunity is located at 45 S 3rd Street in Oxford, PA's vibrant downtown business district. The property boasts approximately 7,000 square feet of versatile space, ideal for a variety of commercial uses. The main storefront faces the bustling Third Street ("Main Street"), ensuring high visibility and foot traffic. A significant advantage is the rear access via Niblock Alley, featuring a separate commercial entrance with a glass surround. This leads to a large open area, perfect for storage, warehousing, or expansion, offering considerable flexibility for the future tenant. The property's strategic location benefits from the ongoing development of a new retail center by Jumbuck LLP immediately adjacent. This development includes plans for a pedestrian-friendly, well-lit paver alley connecting to 4-5 artisan retail shops, creating a unique and attractive retail enclave. The property's potential uses are numerous

• CAP approach

  CAP return

  Valuation

  6%

  $1,476,512

  6.5%

  $1,362,934

  7%

  $1,265,582

• Comparable approach

  Method

  Valuation

  Relative Method

  $733,516

  Geo Method

  $1,249,894

• Alternative Use

  Use

  Valuation

  Residential

  $1,690,038

  Hospitality

  $1,548,066

  Educational

  $1,287,973

  Medical

  $1,332,268

  Retail

  $2,003,513

Location Insight

City

Oxford

County

Chester

State

Pennsylvania

Latitude

39.7837

Longitude

-75.9789

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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