Historic Office
For Sale
Contact for pricing
139 W MARKET STREET SUITE B, West Chester, PA 19382
Bright professional workspace with hardwood floors, central air, and gas heat in a landmark downtown building.
Property Size15,969 SF
Price / SF$0.07
Days on Market110
Property Features for 139 W MARKET STREET SUITE B
General Information
Standard status
Active
Size
15,969 SF
Property subtype
Commercial
Amenities
abundant natural light
hardwood floors
central air
gas heat
Building Details
Year Built
1860
Listing Agency:
Coldwell Banker Hearthside Realtors-Collegeville
(610) 489-7700
Listed By:
Vincent Range · License #RB-0031135
(610) 476-4132
Source:
Cummingsrealtors
Added: Jul 1
Changed: Oct 15
Last Checked: Oct 15 at 1:18AM
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 Coldwell Banker Hearthside Realtors-Collegeville
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Investment Insights
Based on property information with market context.
Office Suite B occupies space within a historic building constructed in 1860 at 139 W. Market Street. The suite provides a functional professional setting with abundant natural light, hardwood floors, central air, and gas heat.
The property sits directly across from the Chester County Justice Center in downtown West Chester. Restaurants, coffee shops, banks, retail, and public parking are nearby, with access to Routes 202, 3, and 100. The address offers a practical setting for professional service operations while retaining the character of an older downtown building.
The property sits directly across from the Chester County Justice Center in downtown West Chester. Restaurants, coffee shops, banks, retail, and public parking are nearby, with access to Routes 202, 3, and 100. The address offers a practical setting for professional service operations while retaining the character of an older downtown building.
Key Highlights
- Office Suite B at 139 W. Market Street in West Chester, PA 19382
- Located in a building constructed in 1860
- Abundant natural light and hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$251,059
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,021,180
$5.0M
Cap Rate 7%
$3,586,557
$3.6M
Cap Rate 9%
$2,789,544
$2.8M
Market Conditions
NOI Build-Up for 15,969 SF
Gross rent
$415.8K $26.04/SF
− Vacancy
−$81.1K −$5.08/SF
EGI
$334.7K $20.96/SF
− OpEx
−$83.7K −$5.24/SF
NOI
$251.1K $15.72/SF
Area
Chester County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,021,180
Cap Rate 7%
$3,586,557
Cap Rate 9%
$2,789,544
Alternative Uses
Best Use
Office B
$3.59M
$3.14M – $4.18M
NOI $251,059 @ 7.0% cap · market cap 22,823.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.84M
$4.24M – $5.65M
NOI $338,915 @ 7.0% cap · market cap 30,810.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,734
Businesses Nearby
Explore this area
Business Placement
Demographics for 19382, PA
52,498
Population
21,798
Households
2.4
Avg Household Size
40
Median Age
64%
College-Educated
98%
High-School Grad
46.1 sq mi
ZIP Area
1,139
Density / Sq Mi
$126,159
Median Household Income
$58,596
Median Earnings
$1,788
Median Rent
$542,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Bright professional workspace with hardwood floors, central air, and gas heat in a landmark downtown building.
Where is this office units located?
The property is located at 139 W MARKET STREET SUITE B West Chester, PA.
What are key features of this property?
This property features: Office Suite B at 139 W. Market Street in West Chester, PA 19382; Located in a building constructed in 1860; Abundant natural light and hardwood floors
