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    511 Stump Rd North Wales, PA 19454

    For Lease
    Contact for pricing

    Prime Retail & Restaurant Space Available

    Lot size:
    56,263 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional multi-tenant retail and restaurant property, located at 511 Stump Rd in North Wales, PA 19454, offers a unique investment opportunity. The property comprises three buildings totaling 56,263 square feet, situated on a prime location. The buildings feature a mix of existing tenants and available spaces, providing flexibility for various business types. Currently, there are three suites available, ranging from a minimum of 1,600 square feet to a maximum contiguous space of 8,267 square feet, with a total of 3,844 square feet currently vacant. Previous tenants included a bank with a drive-thru and a full-service restaurant. The property boasts two stories and two elevators, enhancing accessibility and functionality. Significant planned renovations are underway, including the addition of sixteen apartments on the second floor, along with other site improvements, promising increased value and potential for future income streams. This property is ideal for investors seeking a diverse portfolio of retail and restaurant tenants in a thriving Pennsylvania community. The property's strategic location and planned upgrades make it a compelling investment opportunity with strong potential for long-term growth and returns. The property is zoned for retail and restaurant uses.

    Property Features for 511 Stump Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,263 SF

    Building Details

    Buildings
    3
    Stories
    2

    Unit(s) available at that property

    Space
    Store 20
    Size
    1,600 SF
    Space
    Restaurant
    Size
    8,267 SF

    HighLights

    • 56,000 SF mixed‑use retail/office building with 320 parking spaces.
    • Retail spaces ranging from 1,600 to 2,400 SF available, including a former bank branch.
    • Excellent location off Route 309, ~10 miles from PA Turnpike (I‑276) offering easy access to Philadelphia.
    • Near Montgomery Mall and a dense concentration of commercial businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Montgomery Township Business ... Business Development Service ATM Atm Imperatore Bar and Wood ... Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    North Wales
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2275944
    Latitude
    40.232128

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail & Restaurant Space Available
    Where is this restaurant located?
    The property is located at 511 Stump Rd North Wales, PA.
    What are key features of this property?
    This property features: 56,000 SF mixed-use retail/office building with 320 parking spaces.; Retail spaces ranging from 1,600 to 2,400 SF available, including a former bank branch.; Excellent location off Route 309, ~10 miles from PA Turnpike (I-276) offering easy access to Philadelphia.
    Request Owner's contact information
    511 Stump Rd North Wales, PA 19454
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    North Wales, PA 19454
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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
    511 Stump Rd North Wales, PA 19454
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