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3606 Chester Pike Newtown Square, PA 19073-4104

OFF-MARKET Banks Google Maps
5,416 SF 0.53 ac lot Built 1957
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$310k
Range $279k – $341k (±10%)
Property ID US73-0608138

Property summary

AI-generated overview

This exceptional free-standing retail building, located at 3606 West Chester Pike in Newtown Square, Pennsylvania (zip code 19073), offers 5,400 square feet of versatile space currently available for lease. The property is ideally suited for multiple tenants, with a minimum divisible space of 2,700 square feet and a maximum contiguous space of 2,700 square feet. This presents a unique opportunity for businesses seeking a prominent location in a thriving community. The entire building is currently vacant, providing a blank canvas for a new tenant or multiple tenants to customize the space to their specific needs. The building's prime location on West Chester Pike ensures high visibility and accessibility, attracting significant foot traffic and driving customer engagement. This is an excellent opportunity to establish a strong retail presence in a desirable area of Newtown Square. The property's convenient location offers easy access to major roadways, ensuring seamless transportation for both employees and customers. Interested parties are encouraged to inquire about lease terms and conditions. This property is ready for immediate occupancy. The address is easily accessible and highly visible. The building is structurally sound and well-maintained.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1957
Total area 5,416 SF
Lot 0.53 ac (23,111 SF)
APN 30-00-02860-00
UPID US73-0608138

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2009
3 recorded transactions
2009
$975,000
1999
$620,000
1969
Price N/A

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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