Historic Storefront with Creek
3451 Saint Peters Road # 3, Elverson, PA 19520
For Sale
$240,000
An open main floor and separate lower-level gathering area offer distinct spaces within this B1-zoned commercial property.
Property Size960 SF
Price / SF$250
Days on Market11
Property Features for 3451 Saint Peters Road # 3
General Information
Standard status
Size
Zoning
Taxes and HOA fees
Annual Taxes
Amenities
Hardwood
Electric
Yes
No
1
Tables,chairs
Stream/Creek
Community
C35
0.00 x 0.00
Parking Lot
Creek
30
960.00
0.00
Public Access
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Styer Real Estate
(610) 469-9001
Listed By:
Meredith Jacks
(610) 597-9492
Source:
Jmdiamondrealty
Added: Oct 29
Changed: Nov 7
Last Checked: Nov 7 at 1:36PM
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 Styer Real Estate
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Investment Insights
Based on property information with market context.
This 960-square-foot storefront in Saint Peters dates to 1881 and was originally built as a carriage house for the Excursion House. The main level is an open room with hardwood flooring and natural light. A bathroom and a separate gathering area with a refrigerator are located downstairs. A deck and steps lead from the building to French Creek, and the property includes a standing seam metal roof installed about 10 years ago.
At 3451 Saint Peters Road in Elverson, the building sits within the historic Saint Peters village. The surrounding village includes artisan shops and eateries, while woods and scenic trails extend beyond the creek. Parking is available on site.
At 3451 Saint Peters Road in Elverson, the building sits within the historic Saint Peters village. The surrounding village includes artisan shops and eateries, while woods and scenic trails extend beyond the creek. Parking is available on site.
Key Highlights
- 960‑square‑foot storefront with an open main level
- Built in 1881 as a carriage house for the Excursion House
- Hardwood flooring on the main level; bathroom and refrigerator‑equipped gathering area downstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,850
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,000
$217.0K
Cap Rate 7%
$155,000
$155.0K
Cap Rate 9%
$120,556
$120.6K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$17.3K $18.00/SF
− Vacancy
−$1.8K −$1.85/SF
EGI
$15.5K $16.15/SF
− OpEx
−$4.7K −$4.84/SF
NOI
$10.9K $11.30/SF
Area
Chester County, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,000
Cap Rate 7%
$155,000
Cap Rate 9%
$120,556
Alternative Uses
Best Use
Retail
$155.0K
$135.6K – $180.8K
NOI $10,850 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$291.1K
$254.7K – $339.6K
NOI $20,374 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 19520, PA
5,932
Population
2,532
Households
2.3
Avg Household Size
50
Median Age
36%
College-Educated
91%
High-School Grad
37.5 sq mi
ZIP Area
158
Density / Sq Mi
$98,882
Median Household Income
$50,474
Median Earnings
$1,111
Median Rent
$403,600
Median Home Value
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Market
Average Price Trend$/SF for Storefront properties in Chester County, PA
Properties on Market for Storefront properties in Chester County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - An open main floor and separate lower-level gathering area offer distinct spaces within this B1-zoned commercial property.
Where is this storefront property located?
The property is located at 3451 Saint Peters Road # 3 Elverson, PA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 960‑square‑foot storefront with an open main level; Built in 1881 as a carriage house for the Excursion House; Hardwood flooring on the main level; bathroom and refrigerator‑equipped gathering area downstairs
