1 Main StSchwenksville, PA 19473

Property Details for 1 Main St

Year built

1900

Lot size

0.25 AC

Property size (Sq ft)

4,172 SF

Zone code

C1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

23-00-00862-00-6

APU

230000862006

Description

This exceptional 16,600 square foot restaurant, located at 1 E Main St, Schwenksville, PA 19473, presents a unique investment opportunity. Built in 1705 and expanded over time, this three-story freestanding building boasts a significant portion of its original structure, offering a blend of historic charm and modern potential. Situated on a 1.37-acre lot directly on Perkiomen Creek, the property enjoys excellent visibility at a signalized intersection of Ridge Pike/E. Main Street and 1st Avenue, providing prominent signage opportunities. The existing improvements allow for adaptive reuse to numerous permitted uses under the V-2 Village District zoning. A potential pad site opportunity exists, coupled with convenient access to major roads and highways. The level topography and on-site utilities further enhance its appeal. Approximately 8,000 square feet of the historic building remains, with the possibility of demolishing additions for new construction. Tax credits and anchor grants may be available. This landmark property is available for sale or lease.

• CAP approach

  CAP return

  Valuation

  6%

  $1,050,780

  6.5%

  $969,950

  7%

  $900,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $535,433

  Geo Method

  $545,114

• Alternative Use

  Use

  Valuation

  Residential

  $1,202,738

  Hospitality

  $1,101,702

  Educational

  $916,603

  Medical

  $948,126

  Retail

  $1,425,827

Location Insight

City

Trappe

County

Montgomery

State

Pennsylvania

Latitude

40.1942

Longitude

-75.4641

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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