Two-Building Mixed-Use
For Sale
$550,000
58-60 W 9th Street, Chester, PA 19013
Commercial-zoned space combines restaurant and liquor retail features with supporting rooms and storage.
Property Size2,260 SF
Price / SF$243.36
Days on Market11
Property Features for 58-60 W 9th Street
General Information
Standard status
Active
Size
2,260 SF
Zoning
COMMERCIAL
Restaurant
Commercial Hood
Yes
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Highway Access
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$1,567
Amenities
Vinyl
Electric,Natural Gas
Yes
1
No
3
R Liquor License,2 Buildings,Liquor store,Restaurant,Furniture,Fixtures,Equipment
Public
30.00 x 0.00
0.00
Estimated
On Street
2260.00
31310.00
Building Details
Building Size
2,260 SF
Year Built
1950
Buildings
2
Stories
1
Listing Agency:
Keller Williams Realty
(856) 321-1212
Listed By:
Paul P Cheng · License #AB068536
(215) 327-1722
Source:
Jmdiamondrealty
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 2:49PM
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 Keller Williams Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,260-square-foot commercial property comprises two adjacent buildings built in 1950. The interior includes a customer waiting area, dining room, retail counter, walk-in cooler, kitchen with hood system and sinks, two restrooms, offices, and a private room. A full basement and additional storage provide more usable space. The kitchen has infrastructure for restaurant service, and the offering includes furniture, fixtures, equipment, an R-liquor license, and a cigarette license.
The property is at 58-60 W 9th Street in Chester, next to Chester High School and the School of Arts. Interstate 95, Harrah's Casino, Philadelphia International Airport, and the Philadelphia sports complex are accessible from the location. Commercial zoning applies, and the exterior includes a dedicated yard.
The property is at 58-60 W 9th Street in Chester, next to Chester High School and the School of Arts. Interstate 95, Harrah's Casino, Philadelphia International Airport, and the Philadelphia sports complex are accessible from the location. Commercial zoning applies, and the exterior includes a dedicated yard.
Key Highlights
- Two adjacent commercial buildings totaling 2,260 square feet
- Includes an R‑liquor license and cigarette license
- Restaurant and liquor retail features, including a walk‑in cooler and kitchen hood system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,046
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,920
$580.9K
Cap Rate 7%
$414,943
$414.9K
Cap Rate 9%
$322,733
$322.7K
Market Conditions
NOI Build-Up for 2,260 SF
Gross rent
$40.7K $18.00/SF
− Vacancy
−$2.0K −$0.86/SF
EGI
$38.7K $17.14/SF
− OpEx
−$9.7K −$4.28/SF
NOI
$29.0K $12.85/SF
Area
Delaware County, PA
Vacancy
4.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,920
Cap Rate 7%
$414,943
Cap Rate 9%
$322,733
Alternative Uses
Best Use
Specialty Retail
$414.9K
$363.1K – $484.1K
NOI $29,046 @ 7.0% cap · market cap 5.28%
Second Best
Mixed Use
$319.6K
$279.7K – $372.9K
NOI $22,374 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$685.2K
$599.6K – $799.4K
NOI $47,965 @ 7.0% cap · market cap 8.72%
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
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Commercial hood
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,670
Businesses Nearby
Explore this area
Business Placement
Demographics for 19013, PA
34,252
Population
15,664
Households
2.2
Avg Household Size
34
Median Age
13%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
6,116
Density / Sq Mi
$39,416
Median Household Income
$31,668
Median Earnings
$1,083
Median Rent
$85,200
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial-zoned space combines restaurant and liquor retail features with supporting rooms and storage.
Where is this mixed-use property located?
The property is located at 58-60 W 9th Street Chester, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two adjacent commercial buildings totaling 2,260 square feet; Includes an R‑liquor license and cigarette license; Restaurant and liquor retail features, including a walk‑in cooler and kitchen hood system
