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Open Retail Space with Storage
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678 WHARTON BOULEVARD, Exton, PA 19341

Two-level configuration includes open sales area, lower-level storage, and a half bath.

Property Size1,476 SF
Price / SF$1.69
Days on Market49

Property Features for 678 WHARTON BOULEVARD

General Information

Standard status Active
Size 1,476 SF
Property subtype Commercial

Building Details

Year Built 2006
Listing Agency: EXP Realty, LLC
Listed By: Andrea Neff · License #RS342516
Source: Cummingsrealtors
Added: Sep 1 Changed: Oct 16 Last Checked: Oct 19 at 9:52AM

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 EXP Realty, LLC

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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 retail property provides 1,476 square feet across a customer-facing main level and lower-level storage. The 984-square-foot primary area has an open layout, high ceilings, and a 1/2 bath, while the additional 492 square feet downstairs is unfinished storage. The building dates to 2006, and the space is permitted for retail use only.

A private rear parking space accompanies the premises, with additional customer and employee parking available in the surrounding Town Center lots. The property is positioned across the parking area from Kimberton Whole Foods and near restaurants, coffee shops, bakeries, ACAC Fitness & Wellness, seasonal events, and a weekly Farmers Market. Other nearby businesses include health and wellness, business service, and salon operators along the boulevard.

Key Highlights

  • 1,476 total square feet, including 984 square feet of retail area and 492 square feet of lower‑level storage
  • Open main‑level layout with high ceilings and a 1/2 bath
  • Lower level provides 492 square feet of unfinished storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,682
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,640 $333.6K
Cap Rate 7%
$238,314 $238.3K
Cap Rate 9%
$185,356 $185.4K
Market Conditions
NOI Build-Up for 1,476 SF
Gross rent
$26.6K $18.00/SF
− Vacancy
−$2.7K −$1.85/SF
EGI
$23.8K $16.15/SF
− OpEx
−$7.1K −$4.84/SF
NOI
$16.7K $11.30/SF
Area
Chester County, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,640
Cap Rate 7%
$238,314
Cap Rate 9%
$185,356

Alternative Uses

Best Use
Retail
$238.3K
$208.5K – $278.0K (±1% cap)
NOI $16,682 @ 7.0% cap · market cap 667.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$447.5K
$391.6K – $522.1K (±1% cap)
NOI $31,326 @ 7.0% cap · market cap 1,253.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

The Stretch Solution Gym & Fitness Center

Suggested Use

Top Pick Hair Salon HVAC Service Electrical Service Auto Parts Store Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 19341, PA

18,808
Population
9,209
Households
2
Avg Household Size
40
Median Age
64%
College-Educated
98%
High-School Grad
13.7 sq mi
ZIP Area
1,373
Density / Sq Mi
$122,992
Median Household Income
$71,565
Median Earnings
$2,045
Median Rent
$486,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Two-level configuration includes open sales area, lower-level storage, and a half bath.
Where is this retail space located?
The property is located at 678 WHARTON BOULEVARD Exton, PA.
What are key features of this property?
This property features: 1,476 total square feet, including 984 square feet of retail area and 492 square feet of lower‑level storage; Open main‑level layout with high ceilings and a 1/2 bath; Lower level provides 492 square feet of unfinished storage
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