810 Downingtown PikeWest Chester, PA 19380

  • Office buildings
  • 6,974 SF
For Lease
$18/SF/YR View listing

Property Details for 810 Downingtown Pike

Year built
1976
Lot size
2.00 AC
Property size (Sq ft)
6,974 SF
Zone code
C1
Property type
Office buildings
APN
5105 00380400
APU
510500380400

Description

This exceptional two-story office building, located at 810 Downingtown Pike in West Chester, Pennsylvania, offers a fantastic opportunity for businesses seeking flexible and convenient workspace. The property boasts a total of 8,000 square feet, with 1,310 square feet currently available for lease. This space is ideal for a variety of uses, including traditional office, executive office, or medical office settings, as reflected in its C-1 zoning. The building features ample parking with 40 spaces available for tenants and visitors. Situated on two acres of land, the building provides a comfortable and accessible environment. The convenient location offers easy access to downtown West Chester and major roadways, placing your business within close proximity to a diverse range of restaurants and amenities. All utilities are included in the rental rate, providing a predictable and manageable operating budget. Note that janitorial services are not included. This is a multi-tenant building, offering a vibrant and collaborative atmosphere. Don't miss this chance to secure your ideal office space in a thriving West Chester location. The minimum leasable space is 1,310 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,371,715
    6.5%
    $2,189,276
    7%
    $2,032,899
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,178,216
    Geo Method
    $911,223
  • Alternative Use

    Use
    Valuation
    Residential
    $2,714,702
    Hospitality
    $2,486,652
    Educational
    $2,068,865
    Medical
    $2,140,017
    Retail
    $3,218,235

Location Insight

City
West Chester
County
Chester
State
Pennsylvania
Latitude
39.9668
Longitude
-75.6356
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
$14,537
$149,850
$351,650
$501,500
-
$149,850
$361,450
$511,300

FAQs

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