Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    161 Washington St Conshohocken, PA 19428

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $30 SF/Yr ($3,892 /Mo)

    Office space with renovated lobby, fitness center, and parking.

    Property size:
    1,557 SF
    Lot size:
    3.05 Acres

    Property Features for 161 Washington St

    General Information

    Size
    1,557 SF
    Lot size
    3.05 Acres

    We can help!

    Listing Contact
    John Susanin
    John Susanin
    Source: Moodyscre

    Listing Agent: John Susanin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Office Space with Amenities

    This property features a newly renovated, high-end lobby and tenant amenity spaces. These amenities include a fitness center with locker rooms, conference rooms, and a cafe and lounge area. The location provides direct access to the Schuylkill River Trail and is steps away from SEPTA's Regional Rail bus routes. Fayette Street and numerous dining options are within walking distance. Covered parking is available. On-site property management is provided. The property offers 1557 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Law Offices of Richard ... Attorney Sokolove Law Personal Injury Attorney GOLDMAN, SCARLATO & PENNY ... Law Firm Instem Life Science ... Software Company Take Care Health ... Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conshohocken
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.307562
    Latitude
    40.071244

    Nearby Similar for Lease

    • $3,995 /Mo

      Bright Office Suite in Conshohocken

      Move-in ready office suite with flexibility and modern amenities.
      100 W 3Rd Ave, Conshohocken, PA 19428
      View Details
    • $1,800 /Mo
      5,663 SF

      Move-in Ready Conshohocken Office Space

      Prime office space in downtown Conshohocken with all utilities included.
      100 W 3Rd Ave, Conshohocken, PA 19428
      View Details
    • $1,800 /Mo

      Downtown Conshohocken Office Space

      Move-in-ready office suite in a vibrant, convenient downtown location.
      100 W 3Rd Ave, Conshohocken, PA 19428
      View Details
    • Contact for pricing
      6,796 SF

      Conshohocken Office Space for Rent

      Office space with amenities and access to transportation and recreation.
      181 Washington St, Conshohocken, PA 19428
      View Details
    • $1,600 /Mo

      Conshohocken Office Space For Rent

      Office space in Conshohocken with access to major highways.
      529 Fayette St, Conshohocken, PA 19428
      View Details
    • Contact for pricing
      2,213 SF

      Creative Office Space with Amenities

      Amenity-rich creative office space in Conshohocken with walkable train access.
      20 Ash St, Conshohocken, PA 19428
      View Details
    • Contact for pricing
      35,555 SF

      Creative Office Space with Amenities

      Creative office space featuring modern amenities and ample natural light.
      225 Washington St, Conshohocken, PA 19428
      View Details
    • Contact for pricing
      4,845 SF

      Conshohocken Plug and Play Office

      Premier office space available for sublet in Conshohocken.
      125 E Elm St, Conshohocken, PA 19428
      View Details
    • Contact for pricing
      7,543 SF

      Unique Industrial-Style Office Space

      Repurposed office space with ample natural light and modern amenities.
      1010 Spring Mill Ave, Conshohocken, PA 19428
      View Details
    • $22 SF/Yr
      22,606 SF

      Conshohocken Office Suites

      Modern, Riverfront Office Space in PA
      200 Barr Harbor Dr, Conshohocken, PA 19428
      View Details
    • Contact for pricing
      1,915 SF

      Retail Space in Conshohocken

      Retail space with high visibility and strong local economy.
      200 Ridge Pike W, Conshohocken, PA 19428
      View Details
    • Contact for pricing
      23,260 SF

      Conshohocken Office Space Sublease

      Office space available for sublease with river views.
      1000 River Rd, Conshohocken, PA 19428
      View Details

    FAQs

    What type of property is this?
    Office space - Office space with renovated lobby, fitness center, and parking.
    Where is this office space located?
    The property is located at 161 Washington St Conshohocken, PA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Newly renovated high-end lobby and tenant amenity spaces including a fitness center, conference rooms, and cafe/lounge.; - Direct access to the Schuylkill River Trail.; - Convenient location walkable to Fayette Street dining and steps from SEPTA Regional Rail and bus routes.
    (610) 812-5354
    Request Owner's contact information
    161 Washington St Conshohocken, PA 19428
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    161 Washington St
    Conshohocken, PA 19428
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    161 Washington St Conshohocken, PA 19428
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Susanin
    John Susanin
    (610) 812-5354
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.