Retail Storefront
For Sale
$590,000
1 Maple Ave, Hatboro, PA 19040
For sale retail storefront property in Montgomery County, Pennsylvania.
Property Size1,500 SF
Price / SF$393.33
Days on Market95
Property Features for 1 Maple Ave
General Information
Standard status
Active
Size
1,500 SF
Building Details
Year Built
1959
Listing Agency:
RE/MAX Centre Realtors
Listed By:
Raymond Malgieri · License #RS195845L
(215) 300-5900
Source:
Elkaimpropertygroup
Added: Jul 27
Changed: Oct 26
Last Checked: Oct 28 at 2:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Centre Realtors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale and is located at 1 Maple Ave in Hatboro, Pennsylvania. The asset is listed as a retail space with a total property size of 1,500 square feet.
Directions noted for the property include taking Turnpike 611 North and turning right onto Maple Ave, or approaching from your road to the west by turning left onto Maple. The property is in Montgomery County.
While specific interior or tenant buildout details aren’t provided in the available information, the offering is positioned as a retail storefront opportunity within a suburban Pennsylvania setting.
Directions noted for the property include taking Turnpike 611 North and turning right onto Maple Ave, or approaching from your road to the west by turning left onto Maple. The property is in Montgomery County.
While specific interior or tenant buildout details aren’t provided in the available information, the offering is positioned as a retail storefront opportunity within a suburban Pennsylvania setting.
Key Highlights
- Retail storefront property in Montgomery County, Pennsylvania
- Year built: 1959
- Heating includes forced air, baseboard, electric, and natural gas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,106
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,120
$362.1K
Cap Rate 7%
$258,657
$258.7K
Cap Rate 9%
$201,178
$201.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$27.0K $18.00/SF
− Vacancy
−$1.1K −$0.76/SF
EGI
$25.9K $17.24/SF
− OpEx
−$7.8K −$5.17/SF
NOI
$18.1K $12.07/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,120
Cap Rate 7%
$258,657
Cap Rate 9%
$201,178
Alternative Uses
Best Use
Retail
$258.7K
$226.3K – $301.8K
NOI $18,106 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$862.8K
$755.0K – $1.01M
NOI $60,397 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19040, PA
22,396
Population
8,277
Households
2.7
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
3,796
Density / Sq Mi
$109,207
Median Household Income
$53,603
Median Earnings
$1,657
Median Rent
$367,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - For sale retail storefront property in Montgomery County, Pennsylvania.
Where is this storefront property located?
The property is located at 1 Maple Ave Hatboro, PA.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Retail storefront property in Montgomery County, Pennsylvania; Year built: 1959; Heating includes forced air, baseboard, electric, and natural gas
