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Mixed-Use Building with Commercial Space

2938 RIDGE Pike Eagleville, PA 19403

New

2938 RIDGE Pike, Eagleville, PA, 19403

$749,900

For Sale

$749,900

MULTI_FAMILY - Other - EAGLEVILLE, PA

Property Size5,276 SF

Lot Size0.32 Acres

Price / SF$142.13

AddedJul 13

Days on Market2

Last RefreshJul 14 at 2:06 pm

Property Features for 2938 RIDGE Pike

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking: 16
Parking features: Parking Lot
Interior features: Ceiling Fan(s), Carpet, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Recessed Lighting, Store/Office
Appliances: Oven/Range - Electric, Range Hood, Refrigerator, Dishwasher
Standard status: Active
Size: 5,276 SF
Lot size: 0.32 Acres

Taxes and HOA fees

Tax Annual Amount: 11575

Utilities

Heating system: Electric (Heating), Baseboard
Cooling system: Wall Unit(s)

Building Details

Year built: 1972
Number of units: 4
Building materials: Vinyl Siding, Stucco
Architectural style: Other

Listing agent Kelly L Stipa License #RS226297L

Listing office Springer Realty Group 760 Constitution Drive unit: 106, Exton, PA

Listing date Jul 13, 2026

MLS# PAMC2186252 Listing URL

Investment Insights

Based on property information with market context.

This mixed-use property includes two buildings on separate tax parcels, providing a total of six income-producing units: five residential apartments and one commercial space. The residential unit mix consists of one three-bedroom apartment, one one-bedroom apartment, two two-bedroom apartments, and two efficiency/studio apartments. The roof is approximately eight years old and the property has been well maintained.

The commercial space has visibility along Ridge Pike. The property is being sold in as-is condition.

Tenant-paid utilities include electric, gas, and heat, while the owner pays water, sewer, trash, and real estate taxes. Current monthly rental income totals $8,200 ($98,400 annually).

Key Highlights

Mixed‑use property with 2 buildings on 2 separate tax parcels, featuring 6 income‑producing units total.
Unit mix includes 1 three‑bedroom, 2 two‑bedroom, 1 one‑bedroom, and 2 efficiency/studio apartments plus 1 commercial space.
Current monthly rental income totals $8,200 ($98,400 annually); tenants include multiple long‑term occupants.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$95.0k	$18.00
− Vacancy	−$4.0k	−$0.76
EGI	$91.0k	$17.24
− OpEx	−$27.3k	−$5.17
NOI	$63.7k	$12.07

5,276 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use

Apartment 5plus

$1.02M

$891.0K – $1.19M (±1% cap)

NOI $71,281 @ 7.0% cap · market cap 9.51%

Second Best

Retail

$909.8K

$796.1K – $1.06M (±1% cap)

NOI $63,686 @ 7.0% cap · market cap 8.49%

Theoretical Best

Specialty Retail

$3.03M

$2.66M – $3.54M (±1% cap)

NOI $212,437 @ 7.0% cap · market cap 28.33%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mr Fixer Hardware & Home Improvement

Suggested Use

For sale
Mixed-use properties
PA
Eagleville
19403
2938 RIDGE Pike

What type of property is this?

Mixed-use property - Two-building mixed-use asset with one commercial space and five residential units on separate tax parcels.

Where is this mixed-use property located?

The property is located at 2938 RIDGE Pike Eagleville, PA.

What is the asking price?

The asking price for this property is $749,900.

What are key features of this property?

This property features: Mixed‑use property with 2 buildings on 2 separate tax parcels, featuring 6 income‑producing units total.; Unit mix includes 1 three‑bedroom, 2 two‑bedroom, 1 one‑bedroom, and 2 efficiency/studio apartments plus 1 commercial space.; Current monthly rental income totals $8,200 ($98,400 annually); tenants include multiple long‑term occupants.