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Mixed-Use Building with Restaurant
For Sale
$489,000

856 Chester Pike, Prospect Park, PA 19076

Occupied commercial and residential spaces share one building with separate apartment access.

Property SizeContact for details
Days on Market506

Property Features for 856 Chester Pike

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Multi-Family / Fee Simple
Zoning COM
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 1 x 2BR, 1 x 1BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,482

Amenities

No
Ramp - Main Level
No Pool
Above Grade, Below Grade

Building Details

Year Built 1919
Tenancy Multi
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Keanna Williams · License #RS0039392
Source: Compass
Added: Apr 13, 2025 Changed: Aug 30 Last Checked: Aug 30 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 Long & Foster Real Estate, Inc.

Investment Insights

Based on property information with market context.

Located at 856 Chester Pike, this mixed-use property was built in 1919 and contains three occupied units: a restaurant space, a two-bedroom apartment, and a one-bedroom apartment. The commercial area includes a dining room, service counter, operating kitchen, basement access, and backyard access. A ramp provides access at the main level, while the apartments are reached through a shared side entry. A detached garage is currently used for storage.

The property is zoned COM and positioned along Chester Pike in Prospect Park. Interstate 95 is nearby, providing access toward Philadelphia International Airport and the city. Each unit has been occupied by a tenant for more than 5 years under a month-to-month lease.

Key Highlights

  • Three‑unit mixed‑use configuration with one commercial space and two apartments
  • Restaurant area includes dining room, service counter, kitchen, basement access, and backyard access
  • Two‑bedroom and one‑bedroom apartments with shared side entrance

Property Analytics

Current Use

Los Machetes Authentic ... Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Parking Lot & Garage Food Market Grocery & Convenience Store

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

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

Demographics for 19076, PA

6,488
Population
2,680
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
9,269
Density / Sq Mi
$65,238
Median Household Income
$43,588
Median Earnings
$1,154
Median Rent
$239,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Occupied commercial and residential spaces share one building with separate apartment access.
Where is this mixed-use property located?
The property is located at 856 Chester Pike Prospect Park, PA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Three‑unit mixed‑use configuration with one commercial space and two apartments; Restaurant area includes dining room, service counter, kitchen, basement access, and backyard access; Two‑bedroom and one‑bedroom apartments with shared side entrance
More about this property
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