Two-Unit Commercial
For Sale
$675,000
35 WOODLAND AVENUE, Morton, PA 19070
Fully rented two-unit commercial building with major road frontage and 25 parking spaces.
Property Size3,500 SF
Price / SF$192.86
Days on Market100
Property Features for 35 WOODLAND AVENUE
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Commercial
Building Details
Year Built
1951
Listing Agency:
Century 21 Preferred
(610) 565-8990
Listed By:
Mikhail Zalivchii · License #RS336794
(484) 983-7406
Source:
Cummingsrealtors
Added: Jul 16
Changed: Oct 23
Last Checked: Oct 23 at 9:56AM
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 Century 21 Preferred
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Investment Insights
Based on property information with market context.
This two-unit commercial building at 35 Woodland Ave is set up for flexible use as an office, retail space, or service business. The property is fully rented and presented for sale with an owner-provided financing option.
Located in the business district with major road frontage on Woodland Ave, the building is supported by on-site parking for 25 vehicles.
The offering includes a total building size of 3,500 square feet and is listed at $675,000 for sale.
Located in the business district with major road frontage on Woodland Ave, the building is supported by on-site parking for 25 vehicles.
The offering includes a total building size of 3,500 square feet and is listed at $675,000 for sale.
Key Highlights
- Two‑unit commercial building built in 1951
- Fully rented with a 9.5% cap rate
- Major road frontage on Woodland Ave in the business district
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,380
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,600
$1.1M
Cap Rate 7%
$819,714
$819.7K
Cap Rate 9%
$637,556
$637.6K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$92.4K $26.40/SF
− Vacancy
−$15.9K −$4.54/SF
EGI
$76.5K $21.86/SF
− OpEx
−$19.1K −$5.46/SF
NOI
$57.4K $16.39/SF
Area
Delaware County, PA
Vacancy
17.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,600
Cap Rate 7%
$819,714
Cap Rate 9%
$637,556
Alternative Uses
Best Use
Office B
$819.7K
$717.3K – $956.3K
NOI $57,380 @ 7.0% cap · market cap 8.50%
Second Best
Retail
$490.9K
$429.5K – $572.7K
NOI $34,361 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$1.06M
$928.5K – $1.24M
NOI $74,282 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Explore this area
Business Placement
Demographics for 19070, PA
7,306
Population
2,707
Households
2.7
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
1.1 sq mi
ZIP Area
6,642
Density / Sq Mi
$81,375
Median Household Income
$53,434
Median Earnings
$1,300
Median Rent
$283,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Fully rented two-unit commercial building with major road frontage and 25 parking spaces.
Where is this office unit located?
The property is located at 35 WOODLAND AVENUE Morton, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two‑unit commercial building built in 1951; Fully rented with a 9.5% cap rate; Major road frontage on Woodland Ave in the business district
