1512 Main StCollegeville, PA 19426

Property Details for 1512 Main St

Year built

1950

Lot size

0.42 AC

Property size (Sq ft)

2,548 SF

Zone code

R2

Property type

Investment properties

Property subtype

Live-work space

APN

61-00-03472-00-4

APU

610003472004

Description

This exceptional commercial property, situated at 1512 W Main Street in Collegeville, Pennsylvania, presents a fantastic leasing opportunity. The 700 square foot office space is ideally located on Ridge Pike, between Collegeville and Limerick, offering unparalleled convenience and accessibility. Its central location provides easy access to major roadways including Routes 422, 76, and the Pennsylvania Turnpike, placing businesses within close proximity to King of Prussia and Exton. The property boasts a professional office layout, complete with a dedicated bathroom and gas heating. Separate gas and electric meters ensure efficient utility management for both the office and the accompanying garage. Ample parking is available, accommodating fifteen or more vehicles, eliminating parking concerns for employees and clients. The property also features prominent signage opportunities, enhancing visibility and brand recognition. A garage is also available for lease, providing additional storage or workspace. This property is perfect for a variety of businesses seeking a well-maintained, conveniently located office space with excellent parking and signage potential in a thriving Montgomery County location. The 0.42-acre lot provides ample space and the property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $641,751

  6.5%

  $592,386

  7%

  $550,072

• Comparable approach

  Method

  Valuation

  Relative Method

  $327,009

  Geo Method

  $332,922

• Alternative Use

  Use

  Valuation

  Residential

  $734,558

  Hospitality

  $672,852

  Educational

  $559,805

  Medical

  $579,057

  Retail

  $870,807

Location Insight

City

Collegeville

County

Montgomery

State

Pennsylvania

Latitude

40.2048

Longitude

-75.4868

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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