632 Germantown PikeLafayette Hill, PA 19444

Property Details for 632 Germantown Pike

Year built

1940

Lot size

0.67 AC

Property size (Sq ft)

4,832 SF

Zone code

VC1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

65-00-04558-00-3

APU

650004558003

Description

This exceptional 180-square-foot office space is ideally situated in the heart of Lafayette Hill, at 632 Germantown Pike. Located in a two-story, Class B building constructed in 1945 and renovated in 2021, this suite offers a street-level, traditional office layout measuring 12x15 feet. The space includes access to a shared conference room, and all utilities are included in the monthly rent. Multiple tenancy options are available, with a single office available for $695 per month or two offices available for $1200 per month. The property boasts a high-visibility corner location with a traffic signal, resulting in an impressive 16,000 cars passing daily. This prime location offers excellent signage opportunities, allowing for prominent window signage. Ample parking is available on-site for tenants and clients. The building is conveniently located within walking distance of various shopping and dining options. The zoning is Village Commercial. The property features 27 total parking spaces. Occupancy is available as early as August 1st, 2024, or October 1st, 2024. This is a fantastic opportunity for a business seeking a well-maintained, conveniently located, and highly visible office space in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,005,111

  6.5%

  $927,795

  7%

  $861,524

• Comparable approach

  Method

  Valuation

  Relative Method

  $687,373

  Geo Method

  $631,349

• Alternative Use

  Use

  Valuation

  Residential

  $1,150,466

  Hospitality

  $1,053,820

  Educational

  $876,766

  Medical

  $906,919

  Retail

  $1,363,858

Location Insight

City

Lafayette Hill

County

Montgomery

State

Pennsylvania

Latitude

40.0854

Longitude

-75.2514

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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