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1273 Lancaster Ave 5,244 SF 100% Leased Office Building Berwyn, PA 19312 $1,300,000 ($247.90/SF)
INVESTMENT HIGHLIGHTS
- +13,000 Vehicles Per Day
- Walkable to Daylesford Train Station
- Excellent Road Signage
- Existing Office Furniture Negotiable
EXECUTIVE SUMMARY
Introducing a prime investment opportunity in the affluent Main Line! This well appointed 2-story office building, extensively renovated in 1998, sits in the coveted C-1 commercial zoning district in Tredyffrin Township. With its timeless appeal and strategic location, this property is an ideal choice for the discerning office building investor. Maximizing functionality and convenience, the building offers ample space for a wide variety of professional businesses, creating an adaptable environment to suit various business types. Don't miss out on the chance to secure a valuable asset in this thriving Berwyn community.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
5,244 SF
Building Class
B
Year Built/Renovated
1978/1998
Price
$1,300,000
Price Per SF
$247.90
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,622 SF
Building FAR
0.52
Lot Size
0.23 AC
Zoning
C-1 - Zoned C-1 Commercial in Tredyffrin Township. Check attached zoning ordinance for details.
Parking
26 Spaces (4.96 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
Founded in 1988, Steven L. Sugarman & Associates is a regional law firm dedicated to providing clients with high-quality legal services in an efficient and economical manner. The firm concentrates its practice in the fields of condominium and homeowners association law, real estate, litigation, banking, collections and bankruptcy and zoning law. In these and other areas of the law, clients can expect the highest level of professionalism, integrity and loyalty.
- Watkinson Capital Advisors Llc
- Finance and Insurance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Steven L. Sugarman & Associates | Professional, Scientific, and Technical Services | - | - | - | ||
| Watkinson Capital Advisors Llc | Finance and Insurance | - | - | - |
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PROPERTY TAXES
| Parcel Number | 43-10K-0149.0000 | Improvements Assessment | $365,800 |
| Land Assessment | $90,080 | Total Assessment | $455,880 |
PROPERTY TAXES
Parcel Number
43-10K-0149.0000
Land Assessment
$90,080
Improvements Assessment
$365,800
Total Assessment
$455,880
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1273 Lancaster Ave
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