1207 Butler Pike Conshohocken, PA 19428
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Multi-tenant office building, high visibility
Property size:
8,500 SFProperty Features for 1207 Butler Pike
General Information
- Property type
- Office properties & Spaces
- Square Feet
- 8,500 SF
- Class
- B
- Lot Size
- 71,874 SF
Building Details
- Buildings
- 2
- Stories
- 2
- Units
- 2
Listing Agency: eXp Realty Listing Agent: Dan Caparo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional Conshohocken, PA office complex presents a compelling investment opportunity. Priced at $2,500,000, this property boasts a 7.00% cap rate and a strong net operating income (NOI) of $175,000. The property consists of two buildings totaling 8,500-8,800 square feet, situated on a 1.65-acre lot with ample parking for 42 vehicles. The main building, meticulously restored approximately five years ago, features a striking brick exterior and three bathrooms. The adjacent building offers approximately 3,450 square feet, including two ADA-compliant bathrooms and a kitchen. Currently housing two tenants with a lease expiration date of December 30, 2024, the property offers a modified lease type with rent bumps. The buildings are two stories each and were renovated in 1989, 2016, and 2018. Benefiting from a high-traffic location near the I-476 and I-76 Interchange and Route 23, the property enjoys exceptional visibility with over 37,000 vehicles passing daily. Zoned B residential, the property allows for diverse uses including retail, office, apartments, and mixed-use developments. This presents a unique opportunity for owner-users or investors seeking a high-return property in a prime location.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Conshohocken
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2966401
- Latitude
- 40.0833014
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FAQs
What type of property is this?
Office property - Multi-tenant office building, high visibility
Where is this office property located?
The property is located at 1207 Butler Pike Conshohocken, PA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: $2,500,000 asking price with a 7.00% cap rate and $175,000 NOI.; Two-building office complex totaling 8,500-8,800 square feet on a 1.65-acre lot with 42 parking spaces.; Main building (approx. 5,350 sq ft) meticulously restored five years ago, featuring a brick exterior and three bathrooms; second building (approx. 3,450 sq ft) includes two ADA-compliant bathrooms and a kitchen.
