1459 Bethlehem Pike Flourtown, PA 19031
- Commercial real estate
- 3,329 SF
- 0.56 lot acres
Current Use by Public Records
- Starbucks / Coffee Shop / Breakfast Restaurant
Property Details for 1459 Bethlehem Pike
- Year built
- 1974
- Lot size
- 0.56 lot acres
- Property size
- 3,329 SF
- Zone code
- B1
- Property type
- Commercial real estate
- APN
- 52-00-01630-00-1
- APU
- 520001630001
Description
This exceptional retail opportunity presents 1,500 square feet of former Starbucks space at 1459 Bethlehem Pike in Flourtown, Pennsylvania. Boasting high visibility on Bethlehem Pike, the property benefits from a recent single-lane road format, ensuring easy access for customers. The location is strategically positioned within a half-mile radius of a diverse range of established retailers, including Walgreens, Acme, Giant, Wawa, Santander Bank, Chase Bank, McDonald's, and Dunkin', among other national and regional brands. This concentration of businesses serves the vibrant Flourtown community, guaranteeing a strong customer base. The quoted monthly rent does not include triple net (NNN) charges, which are estimated at approximately $10.72 per square foot. This property sits on a 0.56-acre lot. There's also the potential to combine this space with an adjacent 2,000 square foot unit, and the possibility of adding a drive-thru, making it an exceptionally versatile and adaptable retail space. This presents a unique chance to establish a thriving business in a high-traffic, well-established commercial area. The property is ideal for a variety of retail uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $415,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $350,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $430,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $395,000
- Mixed-Use
- $340,000
- Hospitality
- $370,000
- Educational
- $445,000
- Residential Income
- $415,000
- Energy
- $455,000
- Income-Based Land
- $430,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Flourtown
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2137
- Latitude
- 40.1046
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA