719 Wheatland St Phoenixville, PA 19460-3336
- Auto shops
- 2,016 SF
- 0.75 lot acres
Current Use by Public Records
- Rittenbaugh Transport / Transportation Service
Property Details for 719 Wheatland St
- Year built
- 1930
- Lot size
- 0.75 lot acres
- Property size
- 2,016 SF
- Zone code
- HC
- Property type
- Auto shops
- APN
- 1508 00270000
- APU
- 150800270000
Description
This exceptional Phoenixville, PA industrial property offers 4,500 square feet of versatile space, ideally suited for a variety of uses. Situated on a 0.75-acre lot, the property boasts two buildings. The front building features a fully air-conditioned, furnished 450-square-foot office with a restroom, plus a 1,500-square-foot garage/workshop area with 20+ foot ceilings and a drive-in door. The lower level also includes employee restrooms and a shower. This building is heated by a high-efficiency waste oil boiler. The rear building offers 2,550 square feet of garage/workshop/warehouse space, including a 35 x 40 foot loft for additional storage. This building features four 16- to 20-foot drive-in doors, 18+ foot ceilings, and radiant floor heating. A 150-square-foot office area is also included. An air compressor is available for tenant use. The property has a 137-foot frontage on Wheatland Street, providing excellent accessibility. The property includes 25+ parking spaces and is zoned commercial. Built in 1930 and renovated in 2016, this Class C property offers 8 to 18-foot ceiling heights. The property is located in the highly sought-after Phoenixville submarket of Chester County, PA, with convenient access to major roadways. Tenant is responsible for all utilities, trash removal, and general maintenance, including snow removal and lawn care. The gross lease is $5,400 per month, but rent is negotiable. The APN is 15-08-0027.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $950,000
- 6.5%
- $820,000
- 7%
- $900,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,000,000
- Geo Method
- $810,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $895,000
- Retail
- $890,000
- Mixed-Use
- $975,000
- Hospitality
- $820,000
- Educational
- $870,000
- Residential Income
- $805,000
- Energy
- $1,015,000
- Income-Based Land
- $805,000
- Food Service
- $1,085,000
Location Insight
- Map
- Local Demand
- City
- Phoenixville
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.5263
- Latitude
- 40.1316
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
