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Mixed-Use Retail and Residential Building
For Sale
$499,999

2700 - 2702 W 3RD Street, Chester, PA 19013

MULTI_FAMILY - Other - CHESTER, PA

Property Size4,192 SF
Lot Size0.04 Acres
Price / SF$119.27
Days on Market48

Property Features for 2700 - 2702 W 3RD Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Garage, Driveway
Elementary school district CHESTER-UPLAND
Middle school district CHESTER-UPLAND
High school district CHESTER-UPLAND
Standard status Active
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 2483

Utilities

Heating system Forced Air
Cooling system Ductless

Building Details

Year built 1930
Number of units 3
Architectural style Other
Listing Agency: EXP Realty, LLC
Listed By: Alia Grier · License #RS376568
Added: Jun 16 Changed: Jun 29 Last Checked: Aug 2 at 5:06PM
MLS# PADE2117668

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turnkey mixed-use property includes a first-floor commercial space with existing restaurant infrastructure and areas previously used as a bakery. A shared customer entrance serves the commercial level, and a bathroom is located on the commercial floor for added convenience. The building also features a rear garage/loading area that can support vehicle storage, inventory, deliveries, or equipment access.

Upstairs, the property contains a spacious 5-bedroom, 1-bath residential unit with its own separate entrance. Together, the two levels offer a flexible configuration for an owner who wants to combine day-to-day operations with on-site living, or for an investor seeking a mixed-use setup.

Located at 2700–2702 W 3rd Street in Chester, PA, the building is offered as a turnkey purchase. The first floor is designed to accommodate a continued food-service concept or other commercial use that can work with the existing restaurant-oriented improvements, while the residential component provides independent access and a large layout for occupancy planning.

Key Highlights

  • Multi‑use property with 4,192+ SF and flexible commercial/residential layout
  • Commercial level has existing restaurant/bakery infrastructure and a bathroom, plus a shared customer entrance
  • Rear garage/loading area for vehicle storage, inventory, deliveries, or equipment access

Financial Insights For Mixed Use

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 $75.5k $18.00
− Vacancy −$9.1k −$2.16
EGI $66.4k $15.84
− OpEx −$24.9k −$5.94
NOI $41.5k $9.90
4,192 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%

Alternative Uses

Best Use
Specialty Retail
$769.7K
$673.5K – $897.9K (±1% cap)
NOI $53,876 @ 7.0% cap · market cap 10.78%
Second Best
Mixed Use
$592.9K
$518.8K – $691.7K (±1% cap)
NOI $41,501 @ 7.0% cap · market cap 8.30%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,968 @ 7.0% cap · market cap 17.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Smoke-Stock WOL Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Computer & Electronic Repair (Bike/Boat/Book/etc) Store Locksmith

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby

Demographics for 19013, PA

34,252
Population
15,664
Households
2.2
Avg Household Size
34
Median Age
13%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
6,116
Density / Sq Mi
$39,416
Median Household Income
$31,668
Median Earnings
$1,083
Median Rent
$85,200
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Delaware County, PA

$204 Feb
$179 Mar
$198 Apr
$206 May
$208 Jun
Jul

Properties on Market for Mixed-use properties in Delaware County

Feb
Mar
Apr
May
Jun
Jul

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Turnkey mixed-use building with restaurant-ready first floor and a separate-entry 5-bedroom unit upstairs.
Where is this mixed-use property located?
The property is located at 2700 - 2702 W 3RD Street Chester, PA.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Multi‑use property with 4,192+ SF and flexible commercial/residential layout; Commercial level has existing restaurant/bakery infrastructure and a bathroom, plus a shared customer entrance; Rear garage/loading area for vehicle storage, inventory, deliveries, or equipment access
More about this property
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