For Sale
$365,000

304 Chester PikeGlenolden, PA 19036

Three-unit building, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property in Glenolden, Pennsylvania, presents a compelling investment opportunity. Located at 304 N Chester Pike, this 3-story, 3,000 square foot building sits on a 9,000 square foot lot (45 x 200 feet) and was built in 1963. The property features three units: a first-floor commercial space currently configured as a veterinary practice, complete with two exam rooms, a lab, kennel, and waiting room; a second-floor one-bedroom, one-bathroom unit with a den; and a third-floor two-bedroom, one-bathroom unit, also with a den. All units are currently occupied, generating immediate rental income. The building also includes a detached garage and additional parking spaces. The commercial space is adaptable for various business uses, while the residential units benefit from competitive market rents. This prime location in the Chester Pike Commercial Corridor ensures excellent visibility and access to a steady flow of potential clients and tenants. The asking price is $365,000. The property is zoned R. This investment offers the dual advantage of a thriving commercial space and highly sought-after residential units, making it an attractive opportunity for investors seeking strong cash flow and long-term appreciation.

Highlights

  • $365,000 asking price for a fully occupied mixed-use building in Glenolden, PA.
  • 3,000 square feet of net rentable space in a three-story, 1963-built building on a 9,000 square foot lot.
  • First-floor commercial space currently used as a veterinary practice, adaptable for other uses; available separately from the building.
  • Two residential units: one 1-bed/1-bath and one 2-bed/1-bath, both with dens.
  • Excellent location in the Chester Pike Commercial Corridor with high visibility and strong tenant demand; includes detached garage and additional parking.

Property Details for 304 Chester Pike

Property type
Office properties, Mixed-use properties
Year Built
1963
Buildings
1
Stories
3

Location Insight

City
Glenolden
County
Delaware
State
Pennsylvania
Latitude
39.9030137
Longitude
-75.2846983
304 Chester Pike, Glenolden, Pennsylvania

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304 Chester Pike
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