Building Details

Year Built 1934

Listing Agency: Beiler-Campbell Realtors-Kennett Square Show Phone

Listed By: John Kriza · License #AB066510 Show Phone

Source: Xome

Added: May 18, 2024 Changed: Sep 1 Last Checked: Sep 7 at 5:26AM

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Investment Insights

Based on property information with market context.

This turnkey, 8800-square-foot mixed-use building, formerly known as the Brown Derby, features 4 commercial units and one residential apartment, offering a total of 6064 leasable square footage. The property includes two tax parcels: one consisting of the building on 0.37 acres and another featuring the parking lot and access to Church St sitting on 0.33 acres. The property has 36 parking spaces. All commercial tenants are on long-term leases. Each unit has its own heat and air, separate electric and gas, along with sub-metered water and sewer. The building has a new roof, newer HVAC, and new exterior paint.

Key Highlights

• Turnkey 5‑unit mixed‑use building with 4 commercial units and 1 residential apartment.
• All commercial tenants are on long‑term leases, providing stable investment income.
• Includes two tax parcels: building (0.37 acres) and parking lot (0.33 acres) with access to Church St.

Property Analytics

Property Profile

Current Use

Chavelos Mexican Restaurant Restaurant Blacklab Breads Bakery

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service Hair Salon Storage Facility Law Firm

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

111

Businesses Nearby

563

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

PrimoHoagies Dining

563 visits/mo 0.3 miles

Demographics for 19374, PA

988

Population

268

Households

3.7

Avg Household Size

35

Median Age

10%

College-Educated

62%

High-School Grad

1.6 sq mi

ZIP Area

618

Density / Sq Mi

$27,632

Median Earnings

$954

Median Rent

$288,800

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - Five-unit mixed-use building with commercial and residential spaces.

Where is this mixed-use property located?

The property is located at 1470 Baltimore Pike Toughkenamon, PA.

What is the asking price?

The asking price for this property is $899,900.

What are key features of this property?

This property features: Turnkey 5‑unit mixed‑use building with 4 commercial units and 1 residential apartment.; All commercial tenants are on long‑term leases, providing stable investment income.; Includes two tax parcels: building (0.37 acres) and parking lot (0.33 acres) with access to Church St.