Creative Space with Open
For Sale
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23 PAOLI PIKE #101, Paoli, PA 19301
Professional commercial setting with reception, conference, and expansive open-room areas.
Property Size7,950 SF
Price / SF$0.17
Days on Market74
Property Features for 23 PAOLI PIKE #101
General Information
Standard status
Active
Size
7,950 SF
Property subtype
Commercial
Additional Details
Public Transit
Yes
Building Details
Year Built
1900
Listing Agency:
Engel & Volkers
(610) 808-9188
Listed By:
Sandy Kauffman · License #RS270856
(610) 405-4191
Source:
Cummingsrealtors
Added: Aug 8
Changed: Oct 19
Last Checked: Oct 19 at 9:51AM
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 Engel & Volkers
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Investment Insights
Based on property information with market context.
This 7,950-square-foot creative space, constructed in 1900, provides a professional commercial layout with a reception room, conference room, and large open area. The configuration supports a blend of collaborative, client-facing, and workspace functions within one property.
The property is located at 23 Paoli Pike in Paoli, Pennsylvania, with signage available along Paoli Pike and plenty of off-street parking. Transportation access includes SEPTA Regional Rail’s Paoli/Thorndale Line, with direct service access to Philadelphia. The property is situated within the Main Line suburbs.
The property is located at 23 Paoli Pike in Paoli, Pennsylvania, with signage available along Paoli Pike and plenty of off-street parking. Transportation access includes SEPTA Regional Rail’s Paoli/Thorndale Line, with direct service access to Philadelphia. The property is situated within the Main Line suburbs.
Key Highlights
- 7,950 square feet of creative commercial space
- Reception room, conference room, and large open area
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$124,987
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,499,740
$2.5M
Cap Rate 7%
$1,785,529
$1.8M
Cap Rate 9%
$1,388,744
$1.4M
Market Conditions
NOI Build-Up for 7,950 SF
Gross rent
$207.0K $26.04/SF
− Vacancy
−$40.4K −$5.08/SF
EGI
$166.6K $20.96/SF
− OpEx
−$41.7K −$5.24/SF
NOI
$125.0K $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%
$2,499,740
Cap Rate 7%
$1,785,529
Cap Rate 9%
$1,388,744
Alternative Uses
Best Use
Office B
$1.79M
$1.56M – $2.08M
NOI $124,987 @ 7.0% cap · market cap 9,089.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,725 @ 7.0% cap · market cap 12,270.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,298
Businesses Nearby
Explore this area
Business Placement
Demographics for 19301, PA
7,542
Population
3,283
Households
2.3
Avg Household Size
44
Median Age
75%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,095
Density / Sq Mi
$157,500
Median Household Income
$80,767
Median Earnings
$1,802
Median Rent
$537,300
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?
Creative space - Professional commercial setting with reception, conference, and expansive open-room areas.
Where is this creative space located?
The property is located at 23 PAOLI PIKE #101 Paoli, PA.
What are key features of this property?
This property features: 7,950 square feet of creative commercial space; Reception room, conference room, and large open area; Built in 1900
