2700 Van Buren Ave Audubon, PA 19403
This exceptional 34,091 square foot, single-story office building presents a unique owner-user or redevelopment opportunity in Audubon, Pennsylvania. Located at 2700 Van Buren Ave, this Class B property sits on approximately 2.5 to 3 acres and boasts a prime location within the Park Pointe at Lower Providence area, offering convenient access to major highways including Routes 422, 363, the Pennsylvania Turnpike, and I-76. Just minutes from King of Prussia, Oaks, Collegeville, and Valley Forge, the building benefits from a strong surrounding area with numerous local amenities, restaurants, and retail options. The average household income within a 3-mile radius is $114,000 annually. Built in 1980 and completely renovated in 2008, the building features 12-foot ceilings, three-phase heavy power, a fully sprinklered system, ample parking, and a backup generator. The property is zoned IP Industrial Park with a Mixed Use Overlay (MUO), providing flexibility for various uses. Public water, sewer, and utilities are available. The asking price is $4,000,000, translating to $117.33 per square foot. The building is currently vacant, although the previous tenant, STI Computer Services, may consider a partial leaseback of approximately 5,000 square feet. Occupancy is available March 8, 2024.
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STI Managed Services Tech Support Center IT Consulting Firm
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STI Computer Services, Inc Tech Support Center (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.