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Brick Storefront Property
For Sale
$285,000

115 E SELLERS Avenue, Ridley Park, PA 19078

Commercial Sale, RIDLEY PARK, PA

Property Size1,000 SF
Lot Size0.03 Acres
Price / SF$285
Days on Market47

Property Features for 115 E SELLERS Avenue

General Information

Property type Other
Property subtype Retail
Rooms Basement
Parking features On Street
Elementary school district RIDLEY
Middle school district RIDLEY
High school district RIDLEY
Standard status Active
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 5585

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1933
Number of units 1
Building materials Brick
Listing Agency: Keller Williams Real Estate Tri-County · Keller Williams Realty
Listed By: Phuc Hoang Vu · License #RS374058
Added: Jul 20 Changed: Aug 19 Last Checked: Sep 4 at 12:06PM
MLS# PADE2120098

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This storefront property is a 1,000-square-foot commercial building constructed in 1933. The brick structure includes a basement and is equipped with central air conditioning and forced-air heating. The property is identified for retail, quick-service food and beverage, or service-oriented business use, with a layout intended to support customer-facing operations.

The parcel encompasses 0.03 acres in Ridley Park, Pennsylvania. Parking is provided on the street, while dedicated staff and management spaces are located at the rear. Its local setting and regional accessibility are noted in the property information, making the building suitable for an owner-user or commercial investor evaluating a compact storefront asset.

Key Highlights

  • 1,000‑square‑foot commercial building on a 0.03‑acre parcel
  • Brick construction dating to 1933
  • Central air conditioning and forced‑air heating

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,818
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.44%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$196,360 $196.4K
Cap Rate 7%
$140,257 $140.3K
Cap Rate 9%
$109,089 $109.1K
Market Conditions
NOI Build-Up for 1,000 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$15.0K $15.00/SF
− Vacancy
−$975 −$0.98/SF
EGI
$14.0K $14.03/SF
− OpEx
−$4.2K −$4.21/SF
NOI
$9.8K $9.82/SF
Area
Delaware County, PA
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$196,360
Cap Rate 7%
$140,257
Cap Rate 9%
$109,089

Alternative Uses

Best Use
Retail
$140.3K
$122.7K – $163.6K (±1% cap)
NOI $9,818 @ 7.0% cap · market cap 3.44%
Second Best
no second resolved use
Theoretical Best
Office A
$303.2K
$265.3K – $353.7K (±1% cap)
NOI $21,223 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bunny Tea and Healthy ... Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Food Market Daycare Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

792
Businesses Nearby
178k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Groceries 26% Home Improvements & Furnishings 21% Office Supplies 7%
ACME Markets Groceries
43,790 visits/mo 0.4 miles
Wawa Shops & Services
37,105 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
37,083 visits/mo 0.5 miles
Wawa Shops & Services
36,430 visits/mo 0.4 miles
Staples Office Supplies
11,802 visits/mo 0.4 miles

Demographics for 19078, PA

11,453
Population
4,969
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
96%
High-School Grad
2.0 sq mi
ZIP Area
5,727
Density / Sq Mi
$93,456
Median Household Income
$53,377
Median Earnings
$1,318
Median Rent
$244,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building with central air, forced-air heating, a basement, and rear staff parking.
Where is this storefront property located?
The property is located at 115 E SELLERS Avenue Ridley Park, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 1,000‑square‑foot commercial building on a 0.03‑acre parcel; Brick construction dating to 1933; Central air conditioning and forced‑air heating
More about this property
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