Property profile

232 Market St West Chester, PA 19382

OFF-MARKET
Commercial real estate
Property ID
US73-0470013
2,844 SF 0.04 ac lot Built 1900
Individually Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office suite, located at 232 W Market St in the vibrant downtown West Chester, Pennsylvania, offers 1,500 square feet of move-in ready space. Situated on a 2,056 square foot lot, this single-tenant property is perfect for a discerning business seeking a prestigious address. Built in 1900, the building retains its historic charm while offering modern functionality. The total building size is 2,844 square feet, with the available suite comprising a significant portion. The property is conveniently located in Chester County, offering easy access to major transportation routes and a wealth of amenities. This is an unparalleled opportunity to establish a thriving business in a highly desirable location. The address, 232 W Market St, places your business in the heart of West Chester's bustling commercial district, providing excellent visibility and accessibility for clients and employees. The 1,500 square foot space is ready for immediate occupancy, allowing for a seamless transition and quick start to operations. This single-tenant property ensures privacy and control over your workspace. Don't miss this chance to secure a prime location for your business in the thriving West Chester market. The zip code is 19382.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 2,844 SF
Lot 0.04 ac (1,926 SF)
Zoning code TC
APN 0109 01890000
UPID US73-0470013

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm

Location

232 Market St West Chester, PA 19382-2950
West Chester metro Census 302500 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2012
5 recorded transactions
2012
Price N/A
2012
$360,000
2002
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

TC · West Chester, PA
Zoning description

-304 Permitted uses. § 112-305 General design standards. § 112-306 NC-1 Neighborhood Conservation District. § 112-307 NC-2 Neighborhood Conservation District. § 112-308 NC-3 Neighborhood Conservation District. § 112-309…

General category COMMERCIAL

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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