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INVESTMENT HIGHLIGHTS
- Beautiful Building and Complex in Excellent Condition in a Great Location with Ample parking
- Chester County is home to major employers such as Vanguard, Johnson & Johnson, Siemens Healthcare and QVC
- Positioned off a highly visible stretch of Lancaster Ave with Quick Access to Routes 202, 30, 100 and PA Turnpike
- Access to a highly educated workforce with a significant concentration of professionals in technology, life sciences and finance.
EXECUTIVE SUMMARY
This Class A office condo in excellent condition, encompassing just under 7,000 SF, is located in one of the most desirable areas in the region. The property comprises three combined condo parcels, creating an optimal setup for a growing professional office user. Beautifully remodeled 2-story space featuring beamed cathedral ceilings, skylights, recessed lighting, updated kitchen and powder rooms. Configured with 17 offices most with a glass wall facing the interior core, 2 conference rooms and large 2nd floor office with cubicles and stone fireplace. Zoned under the Office/Business Park District, the property allows for a multitude of permitted uses, providing great flexibility for potential buyers. Close proximity to all major highways including Routes 202, 30, 76 and 100 along with shops, restaurants and hotels.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$11,932
|
$1.74
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,932
|
$1.74
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $11,932 |
| Annual Per SF | $1.74 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $11,932 |
| Annual Per SF | $1.74 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
6,873 SF
Building Class
C
Year Built
1985
Price
$650,000
Price Per SF
$94.57
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,437 SF
Building FAR
1.97
Lot Size
0.08 AC
Zoning
O/BP - Zoned under the Office/Business Park District
AMENITIES
- 24 Hour Access
- Bio-Tech/ Lab Space
- Courtyard
- Security System
- Skylights
- Storage Space
- Air Conditioning
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $392,200 | |
| Land Assessment | $84,290 | Annual Taxes | $11,932 ($1.74/SF) |
| Improvements Assessment | $307,910 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$84,290
Improvements Assessment
$307,910
Total Assessment
$392,200
Annual Taxes
$11,932 ($1.74/SF)
Tax Year
2025
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Chester County Commons | 10 Mystic Ln
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