304 Chester Pike Glenolden, PA 19036-1355
This exceptional Glenolden investment property at 304 N Chester Pike offers a unique blend of commercial and residential income streams. The 3,000 square foot building sits on a 45 x 200 foot lot and includes a detached garage with additional parking. The first floor is currently configured as a fully operational veterinary practice, complete with two exam rooms, a lab, kennel, and waiting area. This versatile space presents an opportunity to continue the existing veterinary practice or adapt it for alternative commercial uses. Above the commercial space, the second floor features a one-bedroom, one-bathroom unit with a large den, while the third floor offers a two-bedroom, one-bathroom unit, also with a den. All three units are currently occupied, generating immediate rental income. The property benefits from its location in the Chester Pike Commercial Corridor, ensuring high visibility and convenient access for both commercial and residential tenants. The strong market rents contribute to the property's significant cash flow potential. The seller is open to selling the building and the veterinary practice separately or together, presenting a flexible investment opportunity. This property offers a compelling combination of established commercial income and stable residential rental income, making it an attractive investment in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.