6198 Butler Pike Blue Bell, PA 19422-2600
This exceptional two-story, 25,956 square foot office building in Blue Bell, Pennsylvania presents a compelling investment opportunity. Located at 6198 Butler Pike, this Class B property boasts 24,000 square feet of net rentable space and is currently tenant-occupied, with leases extending into 2025. The asking price is $2,450,000, representing a compelling 9.57% cap rate and a pro-forma NOI of $234,420. Built in 1968 and renovated in 2004, the building features a new roof and HVAC system installed in 2022. Situated on a 1.825-acre lot (APN: 65-00-01378-00-6), the property is zoned VC-4, allowing for versatile use. Its prime location offers easy access to major thoroughfares, including Route 73, Butler Pike, Route 476, 202, 76, and the Pennsylvania Turnpike. The surrounding area boasts a high average household income (over $173,000) and significant population density (over 43,000 within 3 miles), creating a strong tenant pool. Ample parking is available. This meticulously maintained property is ideal for investors seeking a stable, high-return investment or businesses looking for a well-located office space. The property's enduring appeal and versatile zoning make it an attractive and flexible investment opportunity in a thriving business community.
-
Carolyn Solo LCSW Psychotherapist
-
Riordan Materials Corporation Corporate Office
-
Leedy-Nagele Associates, LLC Insurance Agency
-
Kappa Map Group, LLC (Bike/Boat/Book/etc) Store
-
State Farm Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
VC4 · Blue Bell, PABlue Bell. 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.