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Mixed-Use Property with Auto Shop
New
For Sale
$799,000

54 W Eagle Rd, Havertown, PA 19083

An operating automotive business shares the property with office suites and two apartments.

Property Size4,050 SF
Lot Size0.26 Acres
Price / SF$197.28
Days on Market4

Property Features for 54 W Eagle Rd

General Information

Standard status Active
Size 4,050 SF
Lot size 0.26 Acres
Property subtype Commercial

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes

Additional Details

Automotive Uses auto repair
Multifamily Units 2

Building Details

Year Built 1930
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Colin Sweeney · License #RS336442
Source: Baltimoreharfordhomesforsale
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 4 at 1:24PM

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 Long & Foster Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This 4,050-square-foot mixed-use property brings together an operating auto shop, two office spaces, and two apartments. The building dates to 1930 and occupies a 0.26-acre lot.

The property is at 54 W Eagle Rd in Havertown, Pennsylvania.

Key Highlights

  • Operating auto shop on site
  • Two apartments
  • Two office spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,203
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,060 $944.1K
Cap Rate 7%
$674,329 $674.3K
Cap Rate 9%
$524,478 $524.5K
Market Conditions
NOI Build-Up for 4,050 SF
Gross rent
$72.9K $18.00/SF
− Vacancy
−$5.5K −$1.35/SF
EGI
$67.4K $16.65/SF
− OpEx
−$20.2K −$5.00/SF
NOI
$47.2K $11.66/SF
Area
Pittsburgh, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,060
Cap Rate 7%
$674,329
Cap Rate 9%
$524,478

Alternative Uses

Best Use
Retail
$674.3K
$590.0K – $786.7K (±1% cap)
NOI $47,203 @ 7.0% cap · market cap 5.91%
Second Best
Mixed Use
$645.7K
$565.0K – $753.3K (±1% cap)
NOI $45,198 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,289 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Storage Facility Grocery & Convenience Store Pharmacy 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,136
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Wawa Shops & Services
25,390 visits/mo 0.5 miles
Santander Bank Shops & Services
3,049 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - An operating automotive business shares the property with office suites and two apartments.
Where is this mixed-use property located?
The property is located at 54 W Eagle Rd Havertown, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Operating auto shop on site; Two apartments; Two office spaces
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