Five-Office Suite with Conference
New
For Sale
Contact for pricing
142 W MARKET STREET, West Chester, PA 19382
Second-floor space combines private offices with a dedicated meeting room in West Chester Borough Town Center.
Property Size17,645 SF
Price / SF$0.09
Days on Market6
Property Features for 142 W MARKET STREET
General Information
Standard status
Active
Size
17,645 SF
Property subtype
Commercial
Additional Details
Floor
2nd Floor
Property Use
Office
Building Details
Year Built
1900
Listing Agency:
William Wood Company
(610) 692-3966
Listed By:
Tim Graham · License #RS127476A
(215) 870-7905
Source:
Cummingsrealtors
Added: Oct 27
Changed: Nov 1
Last Checked: Nov 1 at 6:03AM
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 William Wood Company
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Investment Insights
Based on property information with market context.
This office suite occupies the second floor and includes five private offices and a spacious conference room. The building dates to 1900 and is located at 142 W Market Street in West Chester Borough Town Center.
The property is in West Chester, Pennsylvania, with both vehicle and pedestrian traffic noted in the surrounding area.
The property is in West Chester, Pennsylvania, with both vehicle and pedestrian traffic noted in the surrounding area.
Key Highlights
- Five private offices and a spacious conference room
- Second‑floor office space at 142 W Market Street, West Chester, PA 19382
- Located in West Chester Borough Town Center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$277,409
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,548,180
$5.5M
Cap Rate 7%
$3,962,986
$4.0M
Cap Rate 9%
$3,082,322
$3.1M
Market Conditions
NOI Build-Up for 17,645 SF
Gross rent
$459.5K $26.04/SF
− Vacancy
−$89.6K −$5.08/SF
EGI
$369.9K $20.96/SF
− OpEx
−$92.5K −$5.24/SF
NOI
$277.4K $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%
$5,548,180
Cap Rate 7%
$3,962,986
Cap Rate 9%
$3,082,322
Alternative Uses
Best Use
Office B
$3.96M
$3.47M – $4.62M
NOI $277,409 @ 7.0% cap · market cap 16,812.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.35M
$4.68M – $6.24M
NOI $374,485 @ 7.0% cap · market cap 22,696.06%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,734
Businesses Nearby
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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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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor space combines private offices with a dedicated meeting room in West Chester Borough Town Center.
Where is this office unit located?
The property is located at 142 W MARKET STREET West Chester, PA.
What are key features of this property?
This property features: Five private offices and a spacious conference room; Second‑floor office space at 142 W Market Street, West Chester, PA 19382; Located in West Chester Borough Town Center
