Mixed-Use Property Near Train
For Sale
$1,650,000
13 S CHESTER ROAD 15, Swarthmore, PA 19081
Commercial zoning and a downtown Swarthmore location across from the train station support a range of commercial use possibilities.
Property Size5,580 SF
Price / SF$295.70
Days on Market48
Property Features for 13 S CHESTER ROAD 15
General Information
Standard status
Active
Size
5,580 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
COMMERCIAL
Net Operating Income
$91,183
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$32,793
Amenities
Sidewalks, Street Lights
Central Air, Window Unit(s), Electric
Natural Gas, Forced Air
Exterior Entry, Walk-Out Access, Sump Pump, Unfinished, Interior Entry
Gas Water Heater
Street
Off Street, Assigned, Private, Paved, Parking Lot
Lighting
Dutch, Traditional
Building Details
Building Size
5,580 SF
Year Built
1900
Stories
2
Listing Agency:
Keller Williams - Greater West Chester
Listed By:
Branka Saula · License #RS298421
(484) 639-3748
Source:
Evrealestate
Added: Aug 11
Changed: Sep 26
Last Checked: Sep 26 at 2:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams - Greater West Chester
Investment Insights
Based on property information with market context.
This 5,580-square-foot mixed-use property was built in 1900 and is zoned commercial. Interior features include central air and window units, natural gas forced-air heat, and a gas water heater. The lower level has interior and exterior entry, walk-out access, a sump pump, and unfinished space.
The property is in downtown Swarthmore, across the street from the Swarthmore train station. Parking is available in a paved lot, with assigned, private, and off-street spaces.
The property is in downtown Swarthmore, across the street from the Swarthmore train station. Parking is available in a paved lot, with assigned, private, and off-street spaces.
Key Highlights
- 5,580 square feet; built in 1900
- Commercial zoning
- Downtown Swarthmore location across from the train station
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
$55,242
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
3.35%
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%
$1,104,840
$1.1M
Cap Rate 7%
$789,171
$789.2K
Cap Rate 9%
$613,800
$613.8K
Market Conditions
NOI Build-Up for 5,580 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
$100.4K $18.00/SF
− Vacancy
−$12.1K −$2.16/SF
EGI
$88.4K $15.84/SF
− OpEx
−$33.1K −$5.94/SF
NOI
$55.2K $9.90/SF
Area
Delaware County, PA
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
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%
$1,104,840
Cap Rate 7%
$789,171
Cap Rate 9%
$613,800
Alternative Uses
Best Use
Mixed Use
$789.2K
$690.5K – $920.7K
NOI $55,242 @ 7.0% cap · market cap 3.35%
Second Best
Retail
$782.6K
$684.8K – $913.0K
NOI $54,782 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,426 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
931
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
True Value Hardware
Home Improvements & Furnishings
931 visits/mo
0.1 miles
Demographics for 19081, PA
10,803
Population
3,875
Households
2.8
Avg Household Size
37
Median Age
66%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
4,910
Density / Sq Mi
$129,973
Median Household Income
$54,288
Median Earnings
$1,452
Median Rent
$333,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial zoning and a downtown Swarthmore location across from the train station support a range of commercial use possibilities.
Where is this mixed-use property located?
The property is located at 13 S CHESTER ROAD 15 Swarthmore, PA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 5,580 square feet; built in 1900; Commercial zoning; Downtown Swarthmore location across from the train station
