For Sale
$3,400,000

4400 Chichester Ave Boothwyn, PA 19061

7,420 SF, 5 Units, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional Boothwyn, PA property at 4400 Chichester Ave presents a lucrative investment opportunity. The 7,420 square foot, two-story mixed-use building boasts a diverse portfolio of established businesses including a diner, bakery, pizza shop, and auto tag service, all generating a strong net operating income (NOI) of $174,381 and a 5.13% cap rate. The property also includes three residential units, all currently occupied, providing immediate rental income. The diner, a community staple, is included in the sale, along with a liquor license. The well-equipped diner features a banquet room, walk-in coolers, and ample prep space. A spacious parking lot accommodates 60 vehicles. The property has a permitted zoning for mixed use and offers significant expansion potential with an approved permit for a 40-50 person deck. The building was constructed in 1970 and offers two bathrooms for patrons and employees, plus an employee coat closet. The basement provides storage and houses the office. This turnkey operation, priced at $3,400,000 ($458.22/sq ft), offers a compelling combination of established income streams and future growth potential. The property's location in Boothwyn, PA (zip code 19061) ensures consistent foot traffic and a strong customer base.

Highlights

  • Mixed-use commercial property with multiple income streams, including a restaurant/bar (Sage Diner), bakery, pizza shop, and auto tag business.
  • Features three residential units (one above the restaurant/bar, two in an adjacent building) and two additional ground-level commercial spaces.
  • Includes a permitted 40-50 person capacity deck expansion opportunity.
  • All units currently occupied, providing immediate rental income.
  • Large 60-space parking lot.
  • Restaurant/bar includes a drink station, banquet room, walk-in coolers, freezer, pizza oven, and prep areas; basement storage and office space; liquor license included.

Property Details for 4400 Chichester Ave

Property type
Commercial real estate
Square Feet
7,420 SF
Year Built
1970
Stories
2
Units
5

Location Insight

City
Boothwyn
County
Delaware
State
Pennsylvania
Latitude
39.8484787
Longitude
-75.450986

FAQs

What type of property is this?
Commercial real estate - 7,420 SF, 5 Units, High NOI
Where is the commercial real estate located?
The property is located at 4400 Chichester Ave Boothwyn, PA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Mixed-use commercial property with multiple income streams, including a restaurant/bar (Sage Diner), bakery, pizza shop, and auto tag business.; Features three residential units (one above the restaurant/bar, two in an adjacent building) and two additional ground-level commercial spaces.; Includes a permitted 40-50 person capacity deck expansion opportunity.
How can I contact the broker?
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4400 Chichester Ave
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