1410-1490 Providence Ave Chester, PA 19013
Profitable mixed-use property near Widener University with diverse income streams.
Property Features for 1410-1490 Providence Ave
General Information
- Standard status
- Active
Source:
Cbre
Listing Agent: William Tourtellotte
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Investment Property Near University
This mixed-use property is located on the western edge of the Widener University campus, which was established in 1812. Situated 0.4 miles from I-95 and an 8-minute drive from Philadelphia International Airport, the property was constructed in 2008 with attractive materials and design. The property features a stable cash flow from a variety of sources. These include 57 apartment units with a 94% occupancy rate, a high-credit TD Bank branch, a US Government credit tenant (Army), and a successful Widener campus bookstore. The property also includes a Best Western hotel, offering a lodging alternative for campus visitors and the local community. On-site parking is available for tenants and customers. The hotel component is profitable and can be self-operated, managed by the seller, or master-leased to an operator.
Location Intelligence
Current Use by Public Records
Freedom Hall
High School
Alumni Auditorium
University
Location Insight
- Map
- Local Demand
- City
- Chester
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.36019
- Latitude
- 39.859287
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Profitable mixed-use property near Widener University with diverse income streams.
Where is this apartment building located?
The property is located at 1410-1490 Providence Ave Chester, PA.
What are key features of this property?
This property features: - Stable cash flow from diverse mix of tenants including apartments, bank, US Government (Army), bookstore, and hotel.; - High apartment occupancy rate of 94%.; - Located on the Widener University campus.
