23 Paoli Pike Paoli, PA 19301-1852
This exceptional commercial property, located at 23 Paoli Pike in Paoli, Pennsylvania (zip code 19301), presents a compelling investment opportunity. The 8,000+ square foot Class B multi-tenant office building sits on a 0.57-acre lot in the heart of Paoli's Town Center District (TCD). Its highly visible location at the intersection of Lancaster Avenue and Paoli Pike offers excellent accessibility and walkability to the local commuter rail station, shops, and restaurants. The building's attractive architecture enhances its curb appeal. Currently configured as a four-unit office building, this property offers significant potential for future development and redevelopment. The asking price is $995,000. Directions: From Routes 202 or 252 South, turn right onto Lancaster Avenue. Take a slight left at the light onto State Road. The building is on the right, past the Ford dealership. This property is an ideal investment for those seeking a well-located, multi-tenant office building with strong potential for growth and return. The property's location within the TCD ensures high visibility and convenient access to amenities. The existing four-unit configuration provides immediate income potential, while the ample space and prime location offer significant upside for future development or repositioning.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OP · Paoli, PAPaoli. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.