For Sale
$400,000

119 Chester PikeNorwood, PA 19074

Profitable Daycare, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a +/- 2,000 square foot commercial building situated on 0.3 acres at 119 Chester Pike in Norwood, Pennsylvania. Built in 1950, this two-story building currently operates as a thriving daycare center, offering significant potential for continued success in its current use or adaptive reuse. The asking price is $400,000, translating to $200 per square foot. The land itself is valued at $200 per square foot. The property boasts ample onsite parking and a fully fenced outdoor play area, ideal for childcare operations. The building's prominent location on Chester Pike ensures high visibility and accessibility. The HC zoning permits a variety of commercial uses, opening doors for potential expansion or conversion. The substantial second floor offers the possibility of residential conversion, adding further value and flexibility. This property is a rare find, combining a strong existing business with significant upside potential in a desirable location. The building features excellent signage opportunities on a well-traveled road, maximizing exposure to potential clients. This turnkey operation presents a unique chance to acquire a profitable business with diverse future possibilities.

Highlights

  • $400,000 asking price for a 2,000 SF retail building.
  • Located at 119 Chester Pike, Norwood, PA 19074.
  • Currently operating as a daycare center.
  • Features ample on-site parking and a fenced outdoor play area.
  • HC zoning allows for potential adaptive reuse or residential conversion on the second floor.
  • High visibility on Chester Pike.

Property Details for 119 Chester Pike

Property type
Day care centers & nurseries, Retail properties
Year Built
1950
Stories
2
Lot Size (sq. ft)
13,068 SF

Location Insight

City
Norwood
County
Delaware
State
Pennsylvania
Latitude
39.8925481
Longitude
-75.2967012
119 Chester Pike, Norwood, Pennsylvania

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119 Chester Pike
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