Second-Floor Office
18 N Church, West Chester, PA 19380
For Sale
New
Contact for pricing
The space includes private offices, a conference area, and a separate reception and support area.
Property Size7,671 SF
Price / SF$0.18
Days on Market1
Property Features for 18 N Church
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Lease Term
Additional Details
Floor
Property Use
Amenities
built-in cabinets
powder room
receptionist/storage/break room
Wood
Electric
2
Yes
2200
Natural Gas
3
None At This Time.
N
Public
0.05
No
Assessor
Public Garage,On Street,Other
7671.00
Boro/Township
1
Building Details
Year Built
Listing Agency:
Long & Foster Real Estate, Inc.
(610) 696-1100
Listed By:
Thomas M Walsh
(484) 802-5818
Source:
Thetristaterealestategroup
Added: Nov 12
Last Checked: Nov 12 at 2:18PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
The second-floor rear office space measures approximately 875 SF and is arranged with two offices, an office/conference room with built-in cabinets, a powder room, and a reception area that also serves as storage and a break room. The property was built in 1865 and is zoned T C = TOWN CENTER.
In West Chester’s historic district and Business Improvement District, the property is one-half block from the Historic Courthouse Complex, one block from the Justice Center, and two and one-half blocks from the County Administration Building. Nearby parking options include three garages, three flat lots, and on-street parking.
In West Chester’s historic district and Business Improvement District, the property is one-half block from the Historic Courthouse Complex, one block from the Justice Center, and two and one-half blocks from the County Administration Building. Nearby parking options include three garages, three flat lots, and on-street parking.
Key Highlights
- Approx. 875+/- sf of second‑floor rear office space
- Two offices plus a conference room with built‑in cabinets
- Reception area also provides storage and break‑room space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,122
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,802,440
$2.8M
Cap Rate 7%
$2,001,743
$2.0M
Cap Rate 9%
$1,556,911
$1.6M
Market Conditions
NOI Build-Up for 7,671 SF
Gross rent
$217.2K $28.32/SF
− Vacancy
−$30.4K −$3.96/SF
EGI
$186.8K $24.36/SF
− OpEx
−$46.7K −$6.09/SF
NOI
$140.1K $18.27/SF
Area
Chester County, PA
Vacancy
14.00%
Lease Rate
$28.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,802,440
Cap Rate 7%
$2,001,743
Cap Rate 9%
$1,556,911
Alternative Uses
Best Use
Office B
$2.00M
$1.75M – $2.34M
NOI $140,122 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,045 @ 7.0% cap
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 19380, PA
50,692
Population
21,490
Households
2.4
Avg Household Size
43
Median Age
64%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,662
Density / Sq Mi
$122,876
Median Household Income
$69,599
Median Earnings
$1,820
Median Rent
$530,400
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Chester County, PA
Properties on Market for Office Units in Chester County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The space includes private offices, a conference area, and a separate reception and support area.
Where is this office unit located?
The property is located at 18 N Church West Chester, PA.
What are key features of this property?
This property features: Approx. 875+/- sf of second‑floor rear office space; Two offices plus a conference room with built‑in cabinets; Reception area also provides storage and break‑room space
