378 Main St, Trappe, PA 19426-1942
- Investment properties
- 6,682 SF
- 0.53 lot acres
Current Use by Public Records
- Investment properties
Property Details for 378 Main St
- Year built
- 1857
- Lot size
- 0.53 lot acres
- Zone code
- C1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 23-00-00643-00-9
- APU
- 230000643009
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 23, 2024 | $900,000 | Hcl Greystone LLC | Jolinda M Kusy | Deed | $1.3M · Acnb Bank |
| Oct 8, 2019 | — | Jolinda M Kusy | — | Deed · related | $30k · Dnb First NA |
| Oct 4, 2019 | — | Jolinda M Kusy | — | Grant Deed · related | $1.2M · Dnb First NA |
| Feb 2, 2018 | — | Jolinda M Kusy | — | Deed · related | $100k · Victory Bk |
| Mar 1, 2002 | $280,000 | Jolinda M Kusy | Comiskey,john H & Mary E | Grant Deed | — |
| — | — | Jolinda M Kusy | — | Deed Of Trust · related | $30k · Dnb First NA |
| — | — | Jolinda M Kusy | — | Deed Of Trust · related | $520k · Madison Bank |
| — | — | John H Comiskey | — | Deed Of Trust · related | $71k · National Penn Bank |
| — | — | John H Comiskey | — | Deed Of Trust · related | $38k · National Penn Bank |
| — | — | Jolinda M Kusy | — | Deed Of Trust · related | $100k · Victory Bk |
Description
This exceptional multi-use property at 378 W Main Street, Trappe, PA, offers 6,682 square feet of versatile space, ideally suited for a variety of businesses. Originally a spa, the building boasts elegant interiors and a tranquil ambiance. The first floor encompasses 3,447 square feet, featuring an elegant foyer, showcase space, four large treatment rooms (configured as a salon, manicure, pedicure, and hair wash area), two half baths, an employee kitchenette, and a management office. The second floor (1,236 sq ft) includes seven treatment rooms (three with water hookups), a full bath, and storage. The third floor (540 sq ft) offers two treatment rooms (one with water hookup) and a large relaxation room with a fireplace. A 1,108-square-foot unfinished basement provides additional storage and laundry facilities (washer/dryer included). A 322-square-foot patio complements the main space. This prime location ensures high visibility and convenient access for clients. The property's layout allows for extensive customization to meet specific business needs. A three-year lease is offered, with a discounted first-year rent of $6,300 to facilitate a successful business launch. The 1.37-acre lot provides ample space and opportunity. This property presents a unique chance to establish a thriving business in a vibrant community.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $900,000
- ML approach
- $900,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,155,000
- 6.5%
- $1,065,000
- 7%
- $990,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $644,000
Market price range: $363k - $910k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $675,000 Current use
- OFFICE BUILDING
- $1,095,000 Change: +62% Conversion: Easy
- MEDICAL BUILDING
- $1,055,000 Change: +56% Conversion: Easy
- RESTAURANT
- $940,000 Change: +39% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $930,000 Change: +38% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $870,000 Change: +29% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Trappe
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.4742
- Latitude
- 40.1977
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
