Mixed-Use Building with Rooftop
23 N High St West Chester, PA 19380
New
23 N High St, West Chester, PA, 19380
$2,100,000
For Sale
$2,100,000
Three-story mixed-use building with street-level commercial space and a third-floor residential apartment plus a private rooftop deck.
Property Size6,300 SF
Price / SF$333.33
Days on Market2
Property Features for 23 N High St
General Information
- Standard status
- Active
- Size
- 6,300 SF
Building Details
- Year Built
- 1860
Listing agency
Zommick McMahon Commercial Real Estate
(610) 359-1100
Listed by
James Pinckney · License #PENNSYLVANIAAB068954
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 9:13AM Checked: Jul 22 at 9:13AM
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 Zommick McMahon Commercial Real Estate
Investment Insights
Based on property information with market context.
This three-story mixed-use building includes street-level commercial space and upper-floor flexibility. The third floor is configured as a residential apartment, providing an owner-occupied live-work option or a standalone rental layout. A private rooftop deck is included, offering outdoor space for tenant enjoyment or future repositioning.
The property is offered for sale at 23 N High St in West Chester Borough, positioned on North High Street within the Town Center (TC) Zoning District. The building is described as being located in the heart of the borough’s town center and on a highly trafficked street.
The overall building size is listed as 3,954 SF over three floors, with a rooftop deck of approximately 650 SF.
The property is offered for sale at 23 N High St in West Chester Borough, positioned on North High Street within the Town Center (TC) Zoning District. The building is described as being located in the heart of the borough’s town center and on a highly trafficked street.
The overall building size is listed as 3,954 SF over three floors, with a rooftop deck of approximately 650 SF.
Key Highlights
- 3,954 SF, three‑story mixed‑use building built in 1860
- Street‑level commercial space plus upper‑floor flexibility for office or other uses
- Third‑floor residential apartment included
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.1k | $26.04 |
| − Vacancy | −$32.0k | −$5.08 |
| EGI | $132.1k | $20.96 |
| − OpEx | −$33.0k | −$5.24 |
| NOI | $99.0k | $15.72 |
6,300 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.41M
$1.24M – $1.65M
NOI $99,046 @ 7.0% cap · market cap 4.72%
Second Best
Mixed Use
$1.38M
$1.21M – $1.61M
NOI $96,553 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,707 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sunset Hill Jewelers
(Bike/Boat/Book/etc) Store
Harry Dunn Gallery
Art Gallery
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Three-story mixed-use building with street-level commercial space and a third-floor residential apartment plus a private rooftop deck.
Where is this mixed-use property located?
The property is located at 23 N High St West Chester, PA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 3,954 SF, three‑story mixed‑use building built in 1860; Street‑level commercial space plus upper‑floor flexibility for office or other uses; Third‑floor residential apartment included
