405 W Wayne Ave - Office/Residential FOR SALE


Wayne, PA 19087
$1,700,000 USD
215-568-2600
405 W Wayne Ave, Wayne, PA for Sale
$1,700,000 USD
Office/Residential - FOR SALE
1/66
null | Request Cap Rate

NEW


405 W Wayne Ave
Wayne, PA 19087


HIGHLIGHTS

  • 2,530 SF ground floor medical office with an additional 1,374 SF on the second floor, located in Wayne, PA on Philadelphia’s Main Line, a densely popu
  • Turnkey, second-generation medical office suitable for any medical use
  • Located on Wayne Avenue, just off Conestoga Road (16,000 VPD) and Lancaster Avenue (22,000 VPD)
  • Situated in Wayne, PA with approximately 56,000 residents within a 3-mile radius and an average household income of $280,000
  • Extremely limited availability of second-generation medical office space in the area
  • Ideal for an owner/user or investor acquisition

OVERVIEW

MSC is proud to exclusively present the opportunity to acquire 405 W. Wayne Avenue, Wayne, PA, a turnkey 2,530 SF ground floor medical office with an additional 1,374 SF on the second floor, located in Philadelphia’s prestigious Main Line submarket. Situated on Wayne Avenue just off Conestoga Road (16,000 VPD) and Lancaster Avenue (22,000 VPD), the property offers excellent visibility and accessibility. This second-generation medical office is suitable for any medical use and is located in a dense, affluent market with approximately 56,000 residents within a 3-mile radius and an average household income of $280,000. With extremely limited availability of similar medical office space in the area, this property presents a rare opportunity for an owner/user or investor to acquire a well-located, high-demand asset.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$330 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

N/A

APN/PARCEL ID

36-06-04012-01

ASK ABOUT THIS PROPERTY

215-568-2600

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215-568-2600

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