This exceptional 8,000 square foot retail space at 415 Main Street in Schwenksville, Pennsylvania, presents a unique investment opportunity. Built in 1874, this property boasts a prime corner lot location within the VC-2 Village Commercial District, allowing for a wide array of permitted uses, including medical offices and breweries. The first floor features impressive 28.5-foot ceilings and abundant natural light, creating a bright and spacious environment. The building includes a mezzanine level and ample storage space, enhancing its versatility. Parking is readily available, with a ratio of 6.98 spaces per 1,000 square feet. While the gross leasable area is 4,300 square feet, the total space offers significant potential. The property also features recessed and accent lighting, adding to its aesthetic appeal. This historic building offers a blend of character and modern functionality, making it an ideal location for a variety of businesses. The drive-thru capability further enhances its potential for diverse commercial uses. This is a rare opportunity to secure a prominent retail space in a thriving Pennsylvania community. The property's zoning allows for a wide range of uses, making it a highly adaptable and valuable asset. Don't miss this chance to establish your business in this desirable location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,041,901
6.5%
$2,807,909
7%
$2,607,344
Comparable approach
Method
Valuation
Relative Method
$2,657,185
Geo Method
$2,705,226
Alternative Use
Use
Valuation
Residential
$2,368,576
Hospitality
$2,169,603
Educational
$1,805,084
Medical
$1,867,164
Retail
$2,807,909
Location Insight
City
Schwenksville
County
Montgomery
State
Pennsylvania
Latitude
40.2566
Longitude
-75.4642
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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