Medical Office Space with
For Sale
Contact for pricing
1448 POWELL STREET, Norristown, PA 19401
The property includes six dedicated parking spaces and a separate one-car garage.
Property Size1,200 SF
Price / SF$1.42
Days on Market9
Property Features for 1448 POWELL STREET
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
6
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Onyx Management Group
Listed By:
Felix P Portman · License #067139
(267) 939-8558
Source:
Cummingsrealtors
Added: Oct 17
Changed: Oct 25
Last Checked: Oct 25 at 2:33AM
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 Onyx Management Group
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Investment Insights
Based on property information with market context.
This 1,200-square-foot medical office property was built in 1900. The space is identified as suitable for either salon or medical-office use. On-site parking includes six dedicated spaces, and the property also has a one-car garage.
The property is 10 minutes from King of Prussia, Plymouth Meeting Mall, Montgomery Einstein Hospital, and Montgomery County Interchange.
The property is 10 minutes from King of Prussia, Plymouth Meeting Mall, Montgomery Einstein Hospital, and Montgomery County Interchange.
Key Highlights
- 1,200 square feet of medical office space
- Six dedicated parking spaces
- Separate one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,343
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,860
$346.9K
Cap Rate 7%
$247,757
$247.8K
Cap Rate 9%
$192,700
$192.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$31.2K $26.04/SF
− Vacancy
−$2.3K −$1.95/SF
EGI
$28.9K $24.09/SF
− OpEx
−$11.6K −$9.63/SF
NOI
$17.3K $14.45/SF
Area
Montgomery County, PA
Vacancy
7.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,860
Cap Rate 7%
$247,757
Cap Rate 9%
$192,700
Alternative Uses
Best Use
Office B
$269.5K
$235.8K – $314.4K
NOI $18,866 @ 7.0% cap · market cap 1,109.76%
Second Best
Healthcare Medical
$247.8K
$216.8K – $289.1K
NOI $17,343 @ 7.0% cap · market cap 1,020.18%
Theoretical Best
Specialty Retail
$690.3K
$604.0K – $805.3K
NOI $48,318 @ 7.0% cap · market cap 2,842.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,582
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 19401, PA
43,414
Population
18,236
Households
2.4
Avg Household Size
36
Median Age
28%
College-Educated
86%
High-School Grad
6.2 sq mi
ZIP Area
7,002
Density / Sq Mi
$68,646
Median Household Income
$38,050
Median Earnings
$1,392
Median Rent
$225,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Cats Only Veterinary Hospital — 1533 DeKalb St, Norristown, PA 19401
Frequently Asked Questions
What type of property is this?
Medical Office Space - The property includes six dedicated parking spaces and a separate one-car garage.
Where is this medical office space located?
The property is located at 1448 POWELL STREET Norristown, PA.
What are key features of this property?
This property features: 1,200 square feet of medical office space; Six dedicated parking spaces; Separate one‑car garage
