6198 Butler Pike - Medical FOR SALE


Blue Bell, PA 19422- Conshohocken/Plymouth Meeting
$2,450,000 USD
215-816-5835
6198 Butler Pike, Blue Bell, PA for Sale
$2,450,000 USD
Medical - FOR SALE
1/16
null | 9.57% Cap Rate

6198 Butler Pike
Blue Bell, PA 19422
Conshohocken/Plymouth Meeting


HIGHLIGHTS

  • 25,956 SF office building, 24,000 rentable with ample parking
  • New roof and HVAC system in 2022, Meticulously maintained and updated
  • Prime location in Blue Bell located off the intersection of Rt73 and Butler Pike, Close to Route 476, 202, 76 and PA Turnpike
  • An average household income of over $173,000 and population of over 43,000 within 3 miles
  • Zoned VC-4 for versatile use, Ideal for diverse business ventures
  • Built in 1968 with enduring appeal, renovated in 2004, Timeless architecture with modern functionality

OVERVIEW

Presenting an exceptional Professional commercial building opportunity in the highly sought-after Blue Bell area. This meticulously renovated 25,956 SF office building is currently tenant occupied with leases ending in 2025 with one tenant that occupies the 2nd floor and several smaller tenants that occupy the 1st floor. The new purchaser can continue to operate it as an investment property or purchase it for your own business. Zoned VC-4, the property offers versatility to accommodate a wide range of permitted uses, making it an attractive and flexible investment. Strategically nestled in the esteemed community of Blue Bell, the location of the property offers a captivating mix of modern conveniences and scenic allure. Within close proximity, tenants will discover Blue Bell's thriving business district, showcasing a diverse selection of dining, retail, and entertainment options. The area also boasts access to esteemed corporate centers, such as the adjacent Montgomery Pointe and Union Meeting Corporate Center, fostering a prestigious business environment. With seamless access to major thoroughfares and its nearness to Philadelphia, this location presents an exceptional opportunity for office building investors seeking a dynamic and well-connected business hub.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

9.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Watertower Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

VC4

APN/PARCEL ID

65-00-01378-006

ASK ABOUT THIS PROPERTY

Craig Fernsler, CCIMKW CommercialMore Info
215-816-5835

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Craig Fernsler, CCIMKW CommercialMore Info
215-816-5835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.