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405 W Wayne Ave 3,904 SF Office Building Wayne, PA 19087 $1,700,000 ($435.45/SF)
INVESTMENT HIGHLIGHTS
- 2,530 SF ground floor medical office with an additional 1,374 SF on the second floor, located in Wayne, PA on Philadelphia’s Main Line, a densely popu
- Located on Wayne Avenue, just off Conestoga Road (16,000 VPD) and Lancaster Avenue (22,000 VPD)
- Extremely limited availability of second-generation medical office space in the area
- Turnkey, second-generation medical office suitable for any medical use
- Situated in Wayne, PA with approximately 56,000 residents within a 3-mile radius and an average household income of $280,000
- Ideal for an owner/user or investor acquisition
EXECUTIVE SUMMARY
MSC is proud to exclusively present the opportunity to acquire 405 W. Wayne
Avenue, Wayne, PA, a turnkey 2,530 SF ground floor medical office with an
additional 1,374 SF on the second floor, located in Philadelphia’s prestigious
Main Line submarket. Situated on Wayne Avenue just off Conestoga Road
(16,000 VPD) and Lancaster Avenue (22,000 VPD), the property offers
excellent visibility and accessibility. This second-generation medical office
is suitable for any medical use and is located in a dense, affluent market
with approximately 56,000 residents within a 3-mile radius and an average
household income of $280,000. With extremely limited availability of similar
medical office space in the area, this property presents a rare opportunity
for an owner/user or investor to acquire a well-located, high-demand asset.
Avenue, Wayne, PA, a turnkey 2,530 SF ground floor medical office with an
additional 1,374 SF on the second floor, located in Philadelphia’s prestigious
Main Line submarket. Situated on Wayne Avenue just off Conestoga Road
(16,000 VPD) and Lancaster Avenue (22,000 VPD), the property offers
excellent visibility and accessibility. This second-generation medical office
is suitable for any medical use and is located in a dense, affluent market
with approximately 56,000 residents within a 3-mile radius and an average
household income of $280,000. With extremely limited availability of similar
medical office space in the area, this property presents a rare opportunity
for an owner/user or investor to acquire a well-located, high-demand asset.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,904 SF
Building Class
C
Year Built
1996
Price
$1,700,000
Price Per SF
$435.45
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,530 SF
Building FAR
0.23
Lot Size
0.39 AC
Zoning
N/A
Parking
9 Spaces (2.31 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
- Kitchen
- Reception
- Basement
- Central Heating
- Monument Signage
- Air Conditioning
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 36-06-04012-01 | Improvements Assessment | $307,130 |
| Land Assessment | $166,930 | Total Assessment | $474,060 |
PROPERTY TAXES
Parcel Number
36-06-04012-01
Land Assessment
$166,930
Improvements Assessment
$307,130
Total Assessment
$474,060
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405 W Wayne Ave
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