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    58-60 W 9TH Street Chester, PA 19013

    View on Map
    For Sale
    Under Contract
    $600,000

    Commercial Sale - CHESTER, PA

    Type:Retail
    Added:
    Jul 11, 2025
    Days on Market:
    266
    Last Refresh:
    Apr 2 at 7:06 am

    Property Features for 58-60 W 9TH Street

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking features
    On Street
    Standard status
    Active Under Contract

    Taxes and HOA fees

    TaxAnnualAmount
    1567

    Utilities

    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1950
    Number of units
    2
    Building materials
    Stucco

    We can help!

    Listing Contact
    Paul P Cheng

    Listing agent Paul P Cheng License #AB068536

    Listing office Keller Williams Realty 409 Marlton Pike, Cherry Hill, PA

    Listing date Jul 11, 2025

    MLS# PADE2095010

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chester Commercial Buildings and Business

    This offering features two adjacent commercial buildings at 58 W 9th Street and 60 W 9th Street in Chester, PA. Included in the sale is an R-Liquor License, and a liquor and restaurant business, along with all furniture, fixtures, and equipment. The property is located on a busy street with high visibility. The interior includes a waiting area leading to a dining room. A plastic counter overlooks a walk-in cooler stocked with liquors, beverages, and retail items. A kitchen area at the rear has a hood system and plumbing sinks, providing infrastructure for a full-service restaurant. The property also includes two restrooms, offices, and a private room. Extensive storage options and a full basement offer additional utility and potential. Outside, a dedicated yard provides space for trash containers and other outdoor necessities. The property benefits from heavy foot traffic and a strong commercial presence, with Chester High School and the School of Arts nearby. It offers access to Interstate 95, Harrah's Casino, Philadelphia International Airport, and the Philadelphia sports complex. The sale includes an active R-Liquor License and Cigarette License, along with all essential business assets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Truth Social Lounge — 700 W 2nd St, Chester, PA 19013
    • Ginn's Restaurant & Bar — 700 W 2nd St, Chester, PA 19013
    • The Legion — 1101 W 7th St, Chester, PA 19013
    • aswdefrgthgtreawdfgf — 423 w 3rd st, chester, pa 19013
    • American Legion Post 300 — 1100 W 7th St, Chester, PA 19013

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.36507
    Latitude
    39.85108

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    FAQs

    What type of property is this?
    Bar & Pub - Two adjacent buildings with liquor license and restaurant potential.
    Where is this bar & pub located?
    The property is located at 58-60 W 9TH Street Chester, PA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Active R‑Liquor License included, a valuable asset!; Turnkey business opportunity with existing infrastructure, furniture, fixtures, and equipment included.; High‑visibility location on a busy commercial street with heavy foot traffic.
    (215) 327-1722
    We can help!
    Listing Contact
    Paul P Cheng
    Real Estate License ID: AB068536
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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