Five-Unit Mixed-Use
For Sale
$580,000
567 S 1st Ave, Coatesville, PA 19320
Combines commercial and residential space with a recently replaced roof and professional management in place.
Property Size4,860 SF
Price / SF$119.34
Days on Market17
Property Features for 567 S 1st Ave
General Information
Standard status
Active
Size
4,860 SF
Property subtype
Multi-Family
Building Details
Year Built
1946
Listing Agency:
Prime Home Real Estate, LLC
(717) 553-2500
Listed By:
Jeffrey L Zimmerman · License #AB069598
Source:
Yourchestercountyhomesearch
Added: Aug 14
Changed: Aug 29
Last Checked: Aug 26 at 8:39AM
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 Prime Home Real Estate, LLC
Investment Insights
Based on property information with market context.
This mixed-use property contains five total units within a 4,860-square-foot building constructed in 1946. The configuration includes both commercial and residential space, creating a combination of uses within one property. A recent roof replacement and professional management are additional physical and operational features.
Located at 567 S 1st Avenue Commercial in Coatesville, Pennsylvania, the property is offered for sale. The address and unit count identify a compact mixed-use asset with commercial and residential components in a single building.
Located at 567 S 1st Avenue Commercial in Coatesville, Pennsylvania, the property is offered for sale. The address and unit count identify a compact mixed-use asset with commercial and residential components in a single building.
Key Highlights
- Five total units combining commercial and residential space
- 4,860‑square‑foot mixed‑use building
- Recent roof replacement
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,699
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,053,980
$1.1M
Cap Rate 7%
$752,843
$752.8K
Cap Rate 9%
$585,544
$585.5K
Market Conditions
NOI Build-Up for 4,860 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$103.8K $21.36/SF
− Vacancy
−$8.0K −$1.64/SF
EGI
$95.8K $19.72/SF
− OpEx
−$43.1K −$8.87/SF
NOI
$52.7K $10.84/SF
Area
Chester County, PA
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,053,980
Cap Rate 7%
$752,843
Cap Rate 9%
$585,544
Alternative Uses
Best Use
Mixed Use
$1.06M
$931.1K – $1.24M
NOI $74,484 @ 7.0% cap · market cap 12.84%
Second Best
Retail
$784.7K
$686.6K – $915.5K
NOI $54,929 @ 7.0% cap · market cap 9.47%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,145 @ 7.0% cap · market cap 17.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 19320, PA
54,149
Population
21,199
Households
2.6
Avg Household Size
41
Median Age
31%
College-Educated
91%
High-School Grad
81.6 sq mi
ZIP Area
664
Density / Sq Mi
$88,852
Median Household Income
$44,920
Median Earnings
$1,427
Median Rent
$302,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines commercial and residential space with a recently replaced roof and professional management in place.
Where is this mixed-use property located?
The property is located at 567 S 1st Ave Coatesville, PA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Five total units combining commercial and residential space; 4,860‑square‑foot mixed‑use building; Recent roof replacement
