672 Main StHarleysville, PA 19438

  • Strip malls
  • 19,000 SF

Property Details for 672 Main St

Year built
1989
Lot size
2.70 AC
Property size (Sq ft)
19,000 SF
Zone code
C
Property type
Strip malls
Property subtype
Neighborhood centers
APN
50-00-02184-00-7
APU
500002184007

Description

Salford Square Shopping Center presents a unique opportunity for businesses seeking versatile space. This two-story, 28,633 square foot building, constructed in 1989 and renovated in 2015, offers a blend of retail and office space in a thriving commercial environment. Currently, there is a small amount of vacant space (162 sq ft) available, along with larger spaces potentially available through tenant negotiations. The property features multiple tenancies, allowing for flexibility in lease terms and space requirements. Its prime location provides direct access to a main street, ensuring high visibility and convenient access for customers and employees. The center's proximity to Route 113 and the Northeast Extension of the Pennsylvania Turnpike offers excellent regional accessibility. Established businesses already occupy a significant portion of the center, creating a vibrant and well-established commercial community. The building is professionally managed, ensuring a smooth and efficient tenant experience. This is an exceptional opportunity to establish or expand your business within a successful and well-located shopping center. The available space is ideal for executive offices, retail shops, or a combination thereof. Don't miss this chance to become part of a thriving commercial hub. The building does not have elevators.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,938,245
    6.5%
    $6,404,534
    7%
    $5,947,067
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,298,052
    Geo Method
    $6,256,001
  • Alternative Use

    Use
    Valuation
    Residential
    $5,402,464
    Hospitality
    $4,948,628
    Educational
    $4,117,200
    Medical
    $4,258,797
    Retail
    $6,404,534

Location Insight

City
Harleysville
County
Montgomery
State
Pennsylvania
Latitude
40.2867
Longitude
-75.3979
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
$46,250
$605,100
$526,650
$1,131,750
-
$605,100
$526,650
$1,131,750

FAQs

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