Mixed-Use Property with Renovated
New
For Sale
$499,000
4306-4308 TOWNSHIP LINE Road, Drexel Hill, PA 19026
Commercial Sale, DREXEL HILL, PA
Property Size2,950 SF
Price / SF$169.15
Days on Market2
Property Features for 4306-4308 TOWNSHIP LINE Road
General Information
Property type
Other
Property subtype
Retail
Parking
5
Parking features
Parking Lot, On Street
Elementary school district
UPPER DARBY
Middle school district
UPPER DARBY
High school district
UPPER DARBY
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
12192
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
flexible open floor plan
rear overhead door
secondary access via Drexel Avenue
on-site parking
Building Details
Year built
1970
Building materials
Stone, Frame
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Kevin Le · License #RS349630
(267) 918-5234
Added: Oct 17
Last Checked: Oct 18 at 1:06PM
MLS# PADE2126060
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.
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Investment Insights
Based on property information with market context.
This mixed-use property contains two commercial spaces: a 650 SF unit occupied by a barbershop through July 2028 and a vacant 2,300 SF unit. The vacant space received a substantial update in 2023, including new HVAC, flooring, lighting, and ceilings. Its open layout is complemented by a rear overhead loading door and secondary access from Drexel Avenue.
The property sits at a signalized intersection on Route 1, with on-site parking and additional street parking. I-476 and Center City are described as minutes away. The property has commercial zoning.
The property sits at a signalized intersection on Route 1, with on-site parking and additional street parking. I-476 and Center City are described as minutes away. The property has commercial zoning.
Key Highlights
- Two commercial units: 650 SF and 2,300 SF
- 650 SF space leased to a barbershop through July 2028
- Vacant 2,300 SF unit renovated in 2023 with new HVAC, flooring, lighting, and ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,205
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,100
$584.1K
Cap Rate 7%
$417,214
$417.2K
Cap Rate 9%
$324,500
$324.5K
Market Conditions
NOI Build-Up for 2,950 SF
Gross rent
$53.1K $18.00/SF
− Vacancy
−$6.4K −$2.16/SF
EGI
$46.7K $15.84/SF
− OpEx
−$17.5K −$5.94/SF
NOI
$29.2K $9.90/SF
Area
Delaware County, PA
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,100
Cap Rate 7%
$417,214
Cap Rate 9%
$324,500
Alternative Uses
Best Use
Mixed Use
$417.2K
$365.1K – $486.8K
NOI $29,205 @ 7.0% cap · market cap 5.85%
Second Best
Retail
$413.7K
$362.0K – $482.7K
NOI $28,962 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$894.4K
$782.6K – $1.04M
NOI $62,609 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Explore this area
Business Placement
Demographics for 19026, PA
32,021
Population
13,643
Households
2.3
Avg Household Size
39
Median Age
46%
College-Educated
94%
High-School Grad
3.6 sq mi
ZIP Area
8,895
Density / Sq Mi
$89,079
Median Household Income
$50,930
Median Earnings
$1,316
Median Rent
$243,000
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 Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - One suite is leased to a barbershop, while the second is vacant and features a flexible open layout.
Where is this mixed-use property located?
The property is located at 4306-4308 TOWNSHIP LINE Road Drexel Hill, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two commercial units: 650 SF and 2,300 SF; 650 SF space leased to a barbershop through July 2028; Vacant 2,300 SF unit renovated in 2023 with new HVAC, flooring, lighting, and ceilings
