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    856 Chester Pike Prospect Park, PA 19076

    For Sale
    $489,000

    Multi-Family, Detached - PROSPECT PARK, PA

    Days on Market:
    83
    Last Refresh:
    Dec 8 at 1:06 am

    Property Features for 856 Chester Pike

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Parking features
    Garage, Garage - Detached, Offsite, On Street, Parking Lot

    Utilities

    Heating system
    Hot Water (Heating), Other (Heating)
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1919
    Building materials
    Brick, Concrete, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    Long & Foster Real Estate (888) 536-0216

    Listing agent Keanna Williams (888) 536-0216

    Listing date Sep 17, 2025

    MLS# PADE2098674 Listing URL

    Copyright © 2025 Long & Foster Real Estate. 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 Building in Prospect Park

    Located on Chester Pike in Prospect Park, PA, this mixed-use building presents an investment opportunity. The property features a commercial space currently operating as a restaurant, a two-bedroom unit, and a one-bedroom unit. All units are occupied by long-term tenants with month-to-month leases. The restaurant includes a large dining area, service counter, and a fully functioning kitchen with basement and backyard access. The commercial unit is handicap accessible. A detached garage is currently used for storage but offers potential for additional rental income. The apartment entrance is located on the side of the building with a shared entryway. The location offers close proximity to highway 95, providing convenient access to the PHL airport and the city.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Los Machetes Authentic ... Mexican Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Prospect Park
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.30793
    Latitude
    39.88122

    Nearby Similar for Sale

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    • $1,290,000
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      Prospect Park Cozy Home

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and residential units in Prospect Park.
    Where is this mixed-use property located?
    The property is located at 856 Chester Pike Prospect Park, PA.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: - Mixed-use property with commercial and residential units, offering diverse income streams.; - Fully occupied with long-term tenants (5+ years) providing immediate rental income.; - Prime location on Chester Pike, a high-traffic street in a desirable commercial/residential area.
    (888) 536-0216
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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
    856 Chester Pike Prospect Park, PA 19076
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