Three-Story Office
For Sale
$875,000
300 HIGH STREET S, West Chester, PA 19382
Standalone office property with private offices, meeting space, basement storage, and dedicated parking.
Property Size3,468 SF
Price / SF$252.31
Days on Market50
Property Features for 300 HIGH STREET S
General Information
Standard status
Active
Size
3,468 SF
Total Parking Spaces
5
Property subtype
Commercial
Amenities
landscaped rear courtyard
Building Details
Year Built
1900
Buildings
1
Stories
3
Listing Agency:
BHHS Fox & Roach-Chadds Ford
Listed By:
Anthony T Nanni · License #RS300538
(610) 388-3700
Source:
Cummingsrealtors
Added: Sep 18
Changed: Nov 5
Last Checked: Nov 4 at 3:25PM
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 BHHS Fox & Roach-Chadds Ford
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Investment Insights
Based on property information with market context.
This standalone office building contains approximately 3,468 square feet across three stories. The interior includes a reception area, multiple private offices, a conference room, and large windows, with a full basement providing additional storage. Built in 1900, the property offers a practical layout for professional office use.
The building is positioned at the corner of High Street and West Union Street in West Chester, PA. Five private on-site parking spaces serve the property, while a landscaped courtyard extends behind the building. The combination of dedicated parking, office accommodations, basement storage, and outdoor space supports a range of professional workplace configurations.
The building is positioned at the corner of High Street and West Union Street in West Chester, PA. Five private on-site parking spaces serve the property, while a landscaped courtyard extends behind the building. The combination of dedicated parking, office accommodations, basement storage, and outdoor space supports a range of professional workplace configurations.
Key Highlights
- Approximately 3,468 square feet across three stories
- Built in 1900
- Reception area, private offices, conference room, and large windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,523
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,460
$1.1M
Cap Rate 7%
$778,900
$778.9K
Cap Rate 9%
$605,811
$605.8K
Market Conditions
NOI Build-Up for 3,468 SF
Gross rent
$90.3K $26.04/SF
− Vacancy
−$17.6K −$5.08/SF
EGI
$72.7K $20.96/SF
− OpEx
−$18.2K −$5.24/SF
NOI
$54.5K $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%
$1,090,460
Cap Rate 7%
$778,900
Cap Rate 9%
$605,811
Alternative Uses
Best Use
Office B
$778.9K
$681.5K – $908.7K
NOI $54,523 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$920.0K – $1.23M
NOI $73,602 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,827
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 building - Standalone office property with private offices, meeting space, basement storage, and dedicated parking.
Where is this office building located?
The property is located at 300 HIGH STREET S West Chester, PA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Approximately 3,468 square feet across three stories; Built in 1900; Reception area, private offices, conference room, and large windows
