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Property profile & analytics
FOR LEASE
Office buildings

707 E Gay St West Chester, PA 19380

13,750 SF 1.88 ac lot Built 2003
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US73-0197999
Property summary
AI-generated overview

This exceptional 9,000 square foot free-standing retail building is ideally situated at 707 East Gay Street in West Chester, Pennsylvania, within Chester County. The property enjoys a high-profile location along a major thoroughfare leading directly to the heart of West Chester, the county seat. This strategic position ensures excellent visibility and accessibility for businesses. The building's single-tenant occupancy offers a streamlined operational structure. Its substantial size provides ample space for a variety of retail uses. The property benefits significantly from its proximity to West Chester University, a large institution with a student population of 17,558, creating a substantial potential customer base. This presents a unique opportunity for businesses seeking a prominent location in a thriving community with a strong educational presence. The property's location in Chester County further enhances its appeal, offering access to a robust and diverse market. This free-standing building represents a compelling investment opportunity for businesses seeking a high-visibility location in a dynamic and well-established area. The property is classified as retail, specifically a free-standing retail building, and is located in the 19380 zip code.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Total area 13,750 SF
Lot 1.88 ac (82,110 SF)
Zoning code C5
APN 5205F00110000
UPID US73-0197999
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AAA West Chester Car Care Insurance Travel Center Auto Repair Shop
  • Amazon Locker - Installation Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.55M
Comparable Approach Comparable
$4.06M
Blend (final) Blend
$3.25M
Owner & transaction history
Gay Street 707 · 19 yrs held
Gay Street 707
since 2006
7 recorded transactions
2006
$4.3M
2003
Price N/A
1998
$800,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C5 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $4.6M +54.5%
Commercial (general) $4.1M +37.9%
Restaurant $4.0M +34.0%
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