45 3Rd St Oxford, PA 19363
- Office buildings
- 9,566 SF
- 0.15 lot acres
Current Use by Public Records
- Office buildings
Property Details for 45 3Rd St
- Year built
- 1890
- Lot size
- 0.15 lot acres
- Property size
- 9,566 SF
- Zone code
- C3
- Property type
- Office buildings
- APN
- 0604 02330000
- APU
- 60402330000
Description
This exceptional retail opportunity is located at 45 S 3rd Street in Oxford, PA's vibrant downtown business district. The property boasts approximately 7,000 square feet of versatile space, ideal for a variety of commercial uses. The main storefront faces the bustling Third Street ("Main Street"), ensuring high visibility and foot traffic. A significant advantage is the rear access via Niblock Alley, featuring a separate commercial entrance with a glass surround. This leads to a large open area, perfect for storage, warehousing, or expansion, offering considerable flexibility for the future tenant. The property's strategic location benefits from the ongoing development of a new retail center by Jumbuck LLP immediately adjacent. This development includes plans for a pedestrian-friendly, well-lit paver alley connecting to 4-5 artisan retail shops, creating a unique and attractive retail enclave. The property's potential uses are numerous
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $195,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $210,000
- Retail
- $180,000
- Mixed-Use
- $160,000
- Hospitality
- $175,000
- Educational
- $215,000
- Residential Income
- $160,000
- Energy
- $200,000
- Income-Based Land
- $220,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Oxford
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.9789
- Latitude
- 39.7837
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA