This exceptional free-standing, two-story commercial building, situated on a 0.76-acre lot at 350 W Main Street in Trappe, Pennsylvania, presents a unique investment opportunity. Built in 2005, this corner property boasts 8,442 square feet of space, with 2,814 square feet on each of the two floors, plus a full basement. The building features high visibility from its Main Street location, offering excellent exposure to a high volume of traffic. Ample parking is available with a 30+ car lot. The property is zoned VC (Village Commercial), allowing for a wide range of office and professional uses. The lower level suite, measuring 2,814 square feet, is currently leased at $13.00 per square foot, generating $3,048.00 in monthly rent (plus utilities). The building includes convenient amenities such as ADA-compliant features, restrooms, and kitchenettes on each floor. Annual property taxes are $15,222. Its prime location offers easy access to local stores and restaurants. This is an ideal opportunity to acquire a well-maintained, high-traffic commercial property in a thriving community. The asking price is $1,200,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,967,567
6.5%
$1,816,216
7%
$1,686,486
Comparable approach
Method
Valuation
Relative Method
$1,253,236
Geo Method
$1,275,895
Alternative Use
Use
Valuation
Residential
$1,816,216
Hospitality
$1,663,644
Educational
$1,384,132
Medical
$1,431,735
Retail
$2,153,094
Location Insight
City
Schwenksville
County
Montgomery
State
Pennsylvania
Latitude
40.2554
Longitude
-75.4635
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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