Two-Office Professional
For Sale
Contact for pricing
18 WILMONT MEWS, West Chester, PA 19380
Second-floor workspace includes a reception area and powder room, with public garages and downtown amenities within walking distance.
Property Size818 SF
Price / SF$1.10
Days on Market10
Property Features for 18 WILMONT MEWS
General Information
Standard status
Active
Size
818 SF
Property subtype
Commercial
Additional Details
Floor
2
Property Use
Office
Building Details
Year Built
1949
Listing Agency:
Pillar Real Estate Advisors
Listed By:
Eric Kuhn · License #RS296255
(484) 887-8202
Source:
Cummingsrealtors
Added: Oct 23
Changed: Oct 31
Last Checked: Nov 1 at 5:21AM
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 Pillar Real Estate Advisors
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Investment Insights
Based on property information with market context.
This 818-square-foot professional office suite occupies the second floor and contains two private offices, a waiting and reception area, and a powder room. Natural light enters the suite, and the building dates to 1949.
The property is in downtown West Chester Borough. Multiple public parking garages, along with more than 100 retailers and restaurants, are within walking distance.
The property is in downtown West Chester Borough. Multiple public parking garages, along with more than 100 retailers and restaurants, are within walking distance.
Key Highlights
- 818 SF second‑floor professional office suite
- Two private offices plus a waiting and reception area
- Powder room within the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,860
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,200
$257.2K
Cap Rate 7%
$183,714
$183.7K
Cap Rate 9%
$142,889
$142.9K
Market Conditions
NOI Build-Up for 818 SF
Gross rent
$21.3K $26.04/SF
− Vacancy
−$4.2K −$5.08/SF
EGI
$17.1K $20.96/SF
− OpEx
−$4.3K −$5.24/SF
NOI
$12.9K $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%
$257,200
Cap Rate 7%
$183,714
Cap Rate 9%
$142,889
Alternative Uses
Best Use
Office B
$183.7K
$160.8K – $214.3K
NOI $12,860 @ 7.0% cap · market cap 1,428.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$248.0K
$217.0K – $289.4K
NOI $17,361 @ 7.0% cap · market cap 1,929.00%
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
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor workspace includes a reception area and powder room, with public garages and downtown amenities within walking distance.
Where is this office unit located?
The property is located at 18 WILMONT MEWS West Chester, PA.
What are key features of this property?
This property features: 818 SF second‑floor professional office suite; Two private offices plus a waiting and reception area; Powder room within the suite
