12 Pottstown PikeChester Springs, PA 19425
- Auto shops
- 24,320 SF
Property Details for 12 Pottstown Pike
- Year built
- 1985
- Lot size
- 1.61 AC
- Property size (Sq ft)
- 24,320 SF
- Zone code
- LI
- Property type
- Auto shops
- APN
- 3204 00720100
- APU
- 320400720100
Description
This exceptional retail opportunity is located at 12 Pottstown Pike in Chester Springs, Chester County. The property boasts a total of 26,000 square feet, with 6,228 square feet currently vacant and available for lease. This space is divisible into units as small as 3,028 square feet, offering flexibility for various retail concepts. The building, constructed in 1985, sits on a 1.6-acre lot and enjoys a highly visible location on Route 100 (Pottstown Pike), a major thoroughfare with a daily traffic volume of 30,000 vehicles. Its proximity to the Pennsylvania Turnpike, with its 50,000 vehicles per day, further enhances its accessibility and exposure. The property's former tenant was a Harley Davidson dealership, and it currently shares the site with X Golf, providing strong co-tenancy. This prime location offers excellent visibility and accessibility for businesses seeking a thriving retail environment in a high-traffic area of Chester County. The available space presents a unique opportunity for businesses looking to establish or expand their presence in a well-established commercial area. The flexible space options cater to a wide range of retail needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $9,864,788
- 6.5%
- $9,105,958
- 7%
- $8,455,532
-
Comparable approach
- Method
- Valuation
- Relative Method
- $8,407,920
- Geo Method
- $8,007,681
-
Alternative Use
- Use
- Valuation
- Residential
- $7,681,216
- Hospitality
- $7,035,952
- Educational
- $5,853,830
- Medical
- $6,055,152
- Retail
- $9,105,958
Location Insight
- City
- Chester Springs
- County
- Chester
- State
- Pennsylvania
- Latitude
- 40.072
- Longitude
- -75.6805
- 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
Similar Nearby for Lease
FAQs
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