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    1254 Chester Pike Havertown, PA 19083

    For Sale
    $2,790,000

    Historic Havertown building, high traffic, value-add potential.

    Property size:
    20,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property, situated at 1254 West Chester Pike in Havertown, Pennsylvania, presents a compelling investment opportunity. Built in the 1920s, this landmark building boasts a total of 20,000 square feet across 1.13 acres of land. The property comprises sixteen individual units, strategically divided between ground-level retail spaces and a mix of retail and office spaces on the upper levels. Its prime location on West Chester Pike ensures high visibility and accessibility, benefiting from an impressive average daily traffic count of 16,348 vehicles. The property's strategic positioning between two prominent national tenants, Starbucks and McDonald's, further enhances its appeal and potential for sustained occupancy. Currently, some rental rates are below market value, presenting a significant opportunity for immediate value enhancement through lease adjustments. With strategic improvements and lease optimization, this property offers substantial short-term and long-term value-add potential, making it an attractive investment for discerning buyers seeking a strong return on investment in a desirable location. The asking price for this historic Havertown gem is $2,790,000.

    Property Features for 1254 Chester Pike

    General Information

    Property type
    Mixed-use properties
    Square Feet
    20,000 SF
    Lot Size
    49,223 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Havertown
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.31876
    Latitude
    39.97265

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    FAQs

    What type of property is this?
    Mixed-use property - Historic Havertown building, high traffic, value-add potential.
    Where is this mixed-use property located?
    The property is located at 1254 Chester Pike Havertown, PA.
    What is the asking price?
    The asking price for this property is $2,790,000.
    (215) 664-1091
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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
    1254 Chester Pike Havertown, PA 19083
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