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2501 W Chester Pike 5,000 SF 100% Leased Retail Building Broomall, PA 19008 $2,068,168 CAD ($413.63 CAD/SF) 6.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased mixed-use asset with strong income
- Recent upgrades include new roofs and HVAC systems
- Zoning allows for retail, office, residential, and more
- Corner lot with signalized intersection and high traffic counts
- Below-market rents offer immediate value-add potential
- Excellent demographics with AHHI over $180K in 3-mile radius
EXECUTIVE SUMMARY
This rare mixed-use investment opportunity sits prominently at the signalized intersection of West Chester Pike and Church Lane in the heart of Broomall, PA. With excellent visibility and signage along a corridor that sees over 20,000 vehicles daily, the property benefits from both high exposure and strong local demographics, including an average household income exceeding $180,000 within a 3-mile radius.
The building spans approximately 5,200 square feet across three commercial units and one residential apartment, all currently leased. Below-market rents present a compelling value-add opportunity, while the potential to convert the second-floor unit into an additional apartment offers further upside. Recent capital improvements include new roofing, HVAC systems, and apartment renovations, reducing near-term maintenance risk for investors.
Located just minutes from major highways including I-476, US-1, and I-76, the property is well-positioned for continued tenant demand and long-term appreciation. The B zoning allows for a wide range of uses, from retail and professional offices to residential and hospitality, enhancing future flexibility.
The building spans approximately 5,200 square feet across three commercial units and one residential apartment, all currently leased. Below-market rents present a compelling value-add opportunity, while the potential to convert the second-floor unit into an additional apartment offers further upside. Recent capital improvements include new roofing, HVAC systems, and apartment renovations, reducing near-term maintenance risk for investors.
Located just minutes from major highways including I-476, US-1, and I-76, the property is well-positioned for continued tenant demand and long-term appreciation. The B zoning allows for a wide range of uses, from retail and professional offices to residential and hospitality, enhancing future flexibility.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1980
Price
$2,068,168 CAD
Price Per SF
$413.63 CAD
Cap Rate
6.80%
NOI
$140,569 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.25 AC
Zoning
B - Business
Parking
13 Spaces (2.6 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 25-00-05274-00 | Improvements Assessment | $389,867 CAD |
| Land Assessment | $384,057 CAD | Total Assessment | $773,924 CAD |
PROPERTY TAXES
Parcel Number
25-00-05274-00
Land Assessment
$384,057 CAD
Improvements Assessment
$389,867 CAD
Total Assessment
$773,924 CAD
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2501 W Chester Pike
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