1024 Matsonford RdConshohocken, PA 19428

Property Details for 1024 Matsonford Rd

Year built

1950

Lot size

0.36 AC

Property size (Sq ft)

8,400 SF

Zone code

LI

Property type

Retail properties

Property subtype

Other retail properties

APN

24-00-00864-00-3

APU

240000864003

Description

This exceptional 8,400 square foot automotive repair facility is ideally situated on a 0.36-acre lot at 1024 Matsonford Road in Conshohocken, Pennsylvania. Boasting a highly visible location at the intersection of I-476 and I-76, this property benefits from exceptional accessibility and high traffic volume. The site enjoys nearly 14,500 average daily traffic counts (ADT), making it an ideal location for a business targeting a large customer base. The rectangular warehouse-style building features approximately 20-foot-high ceilings, providing ample space for various automotive uses. The property includes a substantial amount of off-street parking, ensuring convenient access for customers and employees. Prominent signage opportunities further enhance visibility and brand recognition. Previously occupied by a European luxury car facility, the building is well-suited for a variety of automotive service or collision repair businesses. Included in the sale are seven hydraulic lifts, ready for immediate use, along with existing office space, a break room, a lobby, and ample storage areas. This turnkey operation presents a rare opportunity to acquire a well-equipped and strategically located property in a thriving market. The asking price is $2,100,000.

• CAP approach

  CAP return

  Valuation

  6%

  $4,698,938

  6.5%

  $4,337,481

  7%

  $4,027,661

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,960,492

  Geo Method

  $2,765,811

• Alternative Use

  Use

  Valuation

  Residential

  $3,658,827

  Hospitality

  $3,351,466

  Educational

  $2,788,380

  Medical

  $2,884,277

  Retail

  $4,337,481

Location Insight

City

W Cnshohocken

County

Montgomery

State

Pennsylvania

Latitude

40.0661

Longitude

-75.3247

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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