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    1470 + Church St Lots Toughkenamon, PA 19374

    For Sale
    $1,049,900

    Turnkey 5-unit building, strong tenant base.

    Property size:
    10,112 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity presents a meticulously maintained, mixed-use building situated on four tax parcels totaling approximately 1.31 acres in Toughkenamon, PA. The property, formerly known as the Brown Derby, encompasses 10,112 square feet and features five units: four commercial spaces currently leased to a bakery, barbershop, Mexican restaurant, and fitness center, and one residential apartment. The total leasable commercial square footage is 6064 square feet. All commercial tenants are under long-term leases, ensuring consistent rental income and investment stability. The property boasts 36 parking spaces, providing ample parking for tenants and customers. Significant recent improvements include a new roof, updated HVAC systems, and fresh exterior paint. Each unit is equipped with its own heating and cooling, separate electric and gas meters, and sub-metered water and sewer services. The sale includes four tax parcels: 60-01Q-009 (building and 0.37 acres), 60-01Q-0017 (parking lot and 0.33 acres), and two additional residential lots (60-01Q-0016, 0.29 acres and 60-01Q-0015, 0.32 acres) off Church Street. This turnkey property offers a compelling blend of established income and future development potential.

    Property Features for 1470 + Church St Lots

    General Information

    Property type
    Residential income properties
    Square Feet
    10,112 SF
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1934
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Map

    City
    Toughkenamon
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.75675
    Latitude
    39.8327

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Residential income property - Turnkey 5-unit building, strong tenant base.
    Where is this residential income property located?
    The property is located at 1470 + Church St Lots Toughkenamon, PA.
    What is the asking price?
    The asking price for this property is $1,049,900.
    (610) 444-7600
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    1470 + Church St Lots Toughkenamon, PA 19374
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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.

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    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
    1470 + Church St Lots Toughkenamon, PA 19374
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