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1207 Butler Pike Conshohocken, PA 19428

Sponsored
For Sale
$2,500,000

Multi-tenant office building, high visibility

Property size:
8,500 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
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 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

HighLights

  • $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.
  • Two tenants with leases expiring December 30, 2024, featuring rent bumps.
  • High‑traffic location near I‑476, I‑76, and Route 23, with over 37,000 vehicles passing daily; B residential zoning allows for diverse uses.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Conshohocken
County
Montgomery
State
Pennsylvania
Longitude
-75.2966401
Latitude
40.0833014

FAQs

What type of property is this?
Office Property / Space - Multi-tenant office building, high visibility
Where is this office property / space 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.
More about this property
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