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    701 Chester Pike Prospect Park, PA 19076

    For Sale
    $295,000

    MULTI_FAMILY - Colonial - PROSPECT PARK, PA

    Property size:
    2,415 SF
    Days on Market:
    45
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 701 Chester Pike

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking
    3
    Parking features
    Parking Lot
    Size
    2,415 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1935
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Colonial

    RE/MAX Preferred (610) 325-4100

    Listing agent Theresa O'Donnell (610) 325-4100 License #RS283600

    Listing date Oct 24, 2025

    Copyright © 2025 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

    Mixed-Use Property in Prospect Park

    This mixed-use property is located at the intersection of Chester Pike and Summit Avenue in Prospect Park. The first floor features a retail storefront, currently operating as an optical store, with display windows and flexible interior space suitable for a variety of uses. Potential rents for the retail space are up to $2000. The second floor includes a two-bedroom apartment with a private entrance, currently rented for $1300 per month on a month-to-month basis. The property includes a private parking lot able to accommodate 3 cars and sits on a corner lot. It is located near township parks, schools, public transportation, shopping, and major routes, providing accessibility to Philadelphia, Delaware, New Jersey, and Philadelphia International Airport. Each unit has separate utilities. The property size is 2415 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C Paul Cleary ... Optician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Prospect Park
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.30394
    Latitude
    39.8844

    Nearby Similar for Sale

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      Prospect Park Cozy Home

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    FAQs

    What type of property is this?
    Mixed-use property - Corner lot property with retail storefront and two-bedroom apartment.
    Where is this mixed-use property located?
    The property is located at 701 Chester Pike Prospect Park, PA.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - High-visibility corner location at the intersection of Chester Pike and Summit Avenue.; - Two-income streams: Retail storefront (potential rent $2000) and a two-bedroom apartment (currently rented for $1300/month).; - Private parking lot with space for 3 cars.
    (610) 325-4100
    Request Owner's contact information
    701 Chester Pike Prospect Park, PA 19076
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    Prospect Park, PA 19076
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    Realmo Value Estimation

    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.

    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.

    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
    701 Chester Pike Prospect Park, PA 19076
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