58 Rittenhouse Pl Ardmore, PA 19003
- Individual retail properties
- 1,800 SF
- 0.10 lot acres
Current Use by Public Records
- Individual retail properties
Property Details for 58 Rittenhouse Pl
- Year built
- 1954
- Lot size
- 0.10 lot acres
- Property size
- 1,800 SF
- Zone code
- ASDD1
- Property type
- Individual retail properties
- APN
- 40-00-50508-00-5
- APU
- 400050508005
Description
This exceptional 1800-square-foot retail property in Ardmore, PA, presents a remarkable investment opportunity. Located at 58 Rittenhouse Place, it sits on a 0.1-acre lot and is priced at $1,100,000. The property's prime location ensures high visibility and convenient access to major transportation routes, maximizing exposure to potential customers. The open floor plan offers flexibility for various commercial uses, from retail stores and offices to small restaurants. Its generous size allows for ample space to accommodate a range of business operations and customization to suit specific needs. The property benefits from its proximity to residential areas, shopping centers, and dining establishments, ensuring high foot traffic and convenient access to amenities. Ardmore's thriving commercial hub, strong economy, and diverse customer base make this an excellent long-term investment, offering significant growth potential for established businesses, entrepreneurs, and investors alike. This property provides the ideal foundation for success in a vibrant and desirable location. The versatile layout and prime location combine to create an exceptional opportunity for a wide range of commercial ventures. Don't miss this chance to secure a piece of Ardmore's thriving commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $675,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $645,000
- 6.5%
- $650,000
- 7%
- $645,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $695,000
- Geo Method
- $715,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $720,000
- Retail
- $655,000
- Mixed-Use
- $570,000
- Hospitality
- $675,000
- Educational
- $580,000
- Residential Income
- $675,000
- Energy
- $675,000
- Income-Based Land
- $645,000
- Food Service
- $660,000
Location Insight
- Map
- Local Demand
- City
- Ardmore
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2913
- Latitude
- 40.0062
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA