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Mixed-Use Property with Office Layout

502 Darby Road, Havertown, PA 19083

For Sale
New
$549,000

A multi-level commercial/mixed-zoning property combines office rooms, a full kitchen, and potential live-work space.

Property Size2,380 SF
Price / SF$230.67
Days on Market1

Property Features for 502 Darby Road

General Information

Standard status Active
Size 2,380 SF
Total Parking Spaces 8
Property subtype Commercial
Zoning COMMERCIAL/MIXED

Additional Details

Condition Move-in Ready
Road Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $6,795

Amenities

Natural Gas
Yes
Natural Gas,Electric
Appliances in as Is condition
Level,Rear Yard
Public
35.00 x 155.00
0.00
No
Assessor
Parking Lot,Driveway
8
Stone
2380.00
145880.00

Building Details

Year Built 1925
Buildings 1
Stories 3
Tenancy Single
Listing Agency: BHHS FOX & ROACH REALTORS
Listed By: Gary Cook
Source: Thetristaterealestategroup
Added: Nov 12 Last Checked: Nov 12 at 2:19PM

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 BHHS FOX & ROACH REALTORS

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Investment Insights

Based on property information with market context.

Built in 1925, this 2,380-square-foot mixed-use property has a multi-level layout currently configured with office rooms. The first floor includes a front sunroom, several office areas, an eat-in kitchen, and a powder room. Three upstairs rooms are also used as offices, with a full bathroom nearby; the uppermost floor provides additional space. The top two floors may accommodate residential use, while the dining area can be returned to its prior configuration. An unfinished basement offers storage and Bilco doors.

The property is at 502 Darby Road in Havertown, Pennsylvania, and is zoned COMMERCIAL/MIXED. Eight off-street parking spaces are provided in a paved rear area. A kitchen exit and rear stairway connect to the kitchen, adding to the building’s circulation options.

Key Highlights

  • 2,380‑square‑foot mixed‑use property built in 1925
  • COMMERCIAL/MIXED zoning
  • Eight off‑street parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,474
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,480 $869.5K
Cap Rate 7%
$621,057 $621.1K
Cap Rate 9%
$483,044 $483.0K
Market Conditions
NOI Build-Up for 2,380 SF
Gross rent
$67.4K $28.32/SF
− Vacancy
−$9.4K −$3.96/SF
EGI
$58.0K $24.36/SF
− OpEx
−$14.5K −$6.09/SF
NOI
$43.5K $18.27/SF
Area
Delaware County, PA
Vacancy
14.00%
Lease Rate
$28.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,480
Cap Rate 7%
$621,057
Cap Rate 9%
$483,044

Alternative Uses

Best Use
Office B
$621.1K
$543.4K – $724.6K (±1% cap)
NOI $43,474 @ 7.0% cap · market cap 7.92%
Second Best
Mixed Use
$336.6K
$294.5K – $392.7K (±1% cap)
NOI $23,562 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$815.7K
$713.8K – $951.7K (±1% cap)
NOI $57,102 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Spa & Massage Center Law Firm Big Box & Wholesale Store

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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby

Demographics for 19083, PA

36,964
Population
13,752
Households
2.7
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
5.6 sq mi
ZIP Area
6,601
Density / Sq Mi
$120,233
Median Household Income
$61,467
Median Earnings
$1,386
Median Rent
$424,100
Median Home Value

Market

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

$178 Jul
$171 Aug
$167 Sep
$191 Oct

Properties on Market for Mixed-use properties in Delaware County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A multi-level commercial/mixed-zoning property combines office rooms, a full kitchen, and potential live-work space.
Where is this mixed-use property located?
The property is located at 502 Darby Road Havertown, PA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 2,380‑square‑foot mixed‑use property built in 1925; COMMERCIAL/MIXED zoning; Eight off‑street parking spaces
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