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    500 Coatesville Rd West Grove, PA 19390

    Sponsored
    For Lease
    $10 SF/Yr ($4,236 /Mo)

    Prime Office Space, Live/Work Potential

    Lot size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,800 square foot office building, situated on 1.9 acres in West Grove, Pennsylvania (19390), presents a unique opportunity. Originally constructed in 1780 and extensively renovated in 2020, this two-story building offers versatile space ideal for executive, medical, creative, or traditional office uses. The single-tenant property boasts five large offices, perfect for client meetings or collaborative workspaces. Convenient amenities include bathrooms on both floors, a kitchen workroom, and ample dry storage on the third floor. The property also features 15+ parking spaces and enjoys a high-visibility location at the corner of Routes 41 and 84, experiencing significant daily traffic (18,000 eastbound and 13,000 westbound). The Chatham is zoned within the Chatham Overlay District. A significant advantage is the option to lease the entire space, including a two-bedroom, one-bathroom apartment, creating a live/work possibility. Taxes are $1 per square foot. This property is a truly remarkable opportunity for a business seeking a prestigious and functional location.

    Property Features for 500 Coatesville Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,800 SF
    Total Rate
    4236

    Building Details

    Year Built/Renovated
    1780/2020
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    2,835 SF
    Rate per SF
    $10

    HighLights

    • 4,800 SF office building on 1.9 acres in West Grove, PA (19390).
    • Extensively renovated in 2020, offering versatile space for various office uses.
    • Five large offices, bathrooms on both floors, kitchen, and ample third‑floor storage.
    • High‑visibility corner location at Routes 41 & 84 (18,000+ daily eastbound, 13,000+ westbound traffic).
    • 15+ parking spaces.
    • Live/work option with included two‑bedroom, one‑bathroom apartment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kimberly Sheehan Realtor/Springer ... Real Estate Agent

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Food Market Accounting Firm HVAC Service Grocery Store Furniture Store Bakery Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Grove
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.820991106185
    Latitude
    39.854181663657

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    FAQs

    What type of property is this?
    Office space - Prime Office Space, Live/Work Potential
    Where is this office space located?
    The property is located at 500 Coatesville Rd West Grove, PA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 4,800 SF office building on 1.9 acres in West Grove, PA (19390).; Extensively renovated in 2020, offering versatile space for various office uses.; Five large offices, bathrooms on both floors, kitchen, and ample third-floor storage.
    Request Owner's contact information
    500 Coatesville Rd West Grove, PA 19390
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    West Grove, PA 19390
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Coatesville Rd West Grove, PA 19390
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