Office Building with
New
For Sale
$699,999
500 W TOWNSHIP LINE Road, Havertown, PA 19083
Commercial Sale, HAVERTOWN, PA
Property Size2,000 SF
Lot Size0.32 Acres
Price / SF$349
Days on Market1
Property Features for 500 W TOWNSHIP LINE Road
General Information
Property type
Other
Property subtype
Office
Parking
12
Parking features
Parking Lot
High school
HAVERFORD SENIOR
Elementary school district
HAVERFORD TOWNSHIP
Middle school district
HAVERFORD TOWNSHIP
High school district
HAVERFORD TOWNSHIP
Standard status
Active
Lot size
0.32 Acres
Taxes and HOA fees
Tax Annual Amount
11392
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1965
Number of units
2
Building materials
Brick
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(610) 566-1100
Listed By:
Robert C Hoopes · License #RS283252
(610) 348-3978
Added: Oct 19
Last Checked: Oct 19 at 1:06PM
MLS# PADE2125202
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick office building, constructed in 1965, sits on a 0.3157-acre parcel. Forced-air heating and central air conditioning serve the property, and a parking lot provides space for 10 vehicles. The building currently generates rental income, with the option for an owner-user to occupy the property while retaining rental income.
Key Highlights
- 0.3157‑acre parcel
- Parking for 10 vehicles
- Existing rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,549
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,980
$511.0K
Cap Rate 7%
$364,986
$365.0K
Cap Rate 9%
$283,878
$283.9K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$45.1K $22.56/SF
− Vacancy
−$11.1K −$5.53/SF
EGI
$34.1K $17.03/SF
− OpEx
−$8.5K −$4.26/SF
NOI
$25.5K $12.77/SF
Area
Pittsburgh, PA
Vacancy
24.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,980
Cap Rate 7%
$364,986
Cap Rate 9%
$283,878
Alternative Uses
Best Use
Office B
$365.0K
$319.4K – $425.8K
NOI $25,549 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$637.0K
$557.3K – $743.1K
NOI $44,587 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
Explore this area
Business Placement
Demographics for 19083, PA
36,964
Population
13,752
Households
2.7
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
5.6 sq mi
ZIP Area
6,601
Density / Sq Mi
$120,233
Median Household Income
$61,467
Median Earnings
$1,386
Median Rent
$424,100
Median Home Value
Check the figures for this property
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?
Office building - The property combines an existing rental income stream with the option for an owner-user to occupy the building.
Where is this office building located?
The property is located at 500 W TOWNSHIP LINE Road Havertown, PA.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 0.3157‑acre parcel; Parking for 10 vehicles; Existing rental income
