270 Main StHarleysville, PA 19438

  • Community centers
  • 156,694 SF
For Lease
$18/SF/YR View listing

Property Details for 270 Main St

Year built
1974
Lot size
18.82 AC
Property size (Sq ft)
156,694 SF
Zone code
C
Property type
Community centers
APN
50-00-02017-00-3
APU
500002017003

Description

This exceptional office opportunity is located within the thriving Meadowbrook Plaza Shopping Center in Harleysville, Pennsylvania, Montgomery County. The space, formerly occupied by Rite Aid, offers flexible layouts ranging from 2,124 square feet to a maximum contiguous 6,400 square feet, ideal for a variety of businesses. The property boasts a total of 142,000 square feet and features multiple tenancies. Benefit from the strong co-tenancy, including established businesses such as McDonald's, Sherwin-Williams, and Hair Cuttery. The center is strategically anchored by Hennings Market, a fifth-generation grocer, and the Grandview Hospital Outpatient Facility, ensuring high foot traffic and visibility. This prime location offers excellent access via Quarry Rd and provides the unique advantage of adjacency to the Grandview Hospital Facility. The property is well-maintained and professionally managed, providing a stable and attractive environment for your business. The minimum divisible space is 2,124 square feet, making it suitable for businesses of various sizes. This is a rare opportunity to establish your presence in a high-traffic, well-established shopping center with exceptional co-tenants.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $57,220,072
    6.5%
    $52,818,528
    7%
    $49,045,776
  • Comparable approach

    Method
    Valuation
    Relative Method
    $51,940,364
    Geo Method
    $51,593,568
  • Alternative Use

    Use
    Valuation
    Residential
    $44,554,404
    Hospitality
    $40,811,596
    Educational
    $33,954,768
    Medical
    $35,122,524
    Retail
    $52,818,528

Location Insight

City
Harleysville
County
Montgomery
State
Pennsylvania
Latitude
40.2664
Longitude
-75.3771
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$386,861
$3,934,220
$5,532,330
$9,466,550
-
$3,934,220
$5,532,330
$9,466,550

FAQs

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