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Property profile

1207 Butler Pike Conshohocken, PA 19428

OFF-MARKET
Office Spaces
5,200 SF 1.26 ac lot Built 1955
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Property summary

AI-generated overview

This exceptional medical office opportunity encompasses a 5,200-square-foot, single-tenant building situated on a 1.26-acre lot in Conshohocken. The property, built in 1955 and boasting a Class C rating, features two buildings totaling approximately 8,600 square feet. The main building, a two-story structure, offers 5,200 square feet of space, currently vacant and available December 1st, 2023. A second, two-story building, totaling approximately 3,400 square feet, is also available immediately. Both buildings benefit from a recently restored brick facade (approximately 5 years ago). Ample parking is provided with 20+ on-site spaces. The property enjoys a highly visible location with approximately 17,000 vehicles per day (VPD) passing by, ensuring excellent exposure. Its strategic location offers easy access to major highways, including I-476, I-76, and I-276, providing convenient commutes for patients and staff. The property is zoned B residential. This presents a unique opportunity to establish or expand a medical practice in a high-traffic area with significant visibility and convenient access to major transportation routes. The property's size and parking capacity make it ideal for a variety of medical uses.

Property profile

Verified
Property type Office Spaces
Year built 1955
Total area 5,200 SF
Lot 1.26 ac (54,886 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1207 Butler Pike Conshohocken, PA 19428
Conshohocken metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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