Corner Mixed-Use
For Sale
$530,000
6 CHESTER PIKE, Darby, PA 19023
Main-level storefront space is paired with two vacant warehouse/storage areas and private rear parking.
Property Size6,366 SF
Price / SF$83.25
Days on Market53
Property Features for 6 CHESTER PIKE
General Information
Standard status
Active
Size
6,366 SF
Property subtype
Commercial
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Amenities
private rear parking
Building Details
Year Built
1960
Buildings
1
Listing Agency:
Canaan Realty Services INC
(215) 333-1826
Listed By:
Suzy Park · License #RS379690
(267) 574-5755
Source:
Cummingsrealtors
Added: Jul 29
Changed: Sep 18
Last Checked: Sep 18 at 7:30AM
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 Canaan Realty Services INC
Investment Insights
Based on property information with market context.
Built in 1960, this 6,366-square-foot mixed-use commercial building combines a storefront component on the main level with warehouse and storage space on two additional floors. Each of those upper areas measures approximately 1,600 SF and is currently vacant, providing flexibility for storage, occupancy, or separate leasing arrangements. Private parking is located behind the building.
The property occupies a corner position at 6 Chester Pike in Darby, Pennsylvania, with frontage along a commercial corridor. Its location is described as minutes from Philadelphia, major highways, and public transportation. The building is offered as-is, and buyers are responsible for confirming zoning, square footage, and intended uses.
The property occupies a corner position at 6 Chester Pike in Darby, Pennsylvania, with frontage along a commercial corridor. Its location is described as minutes from Philadelphia, major highways, and public transportation. The building is offered as-is, and buyers are responsible for confirming zoning, square footage, and intended uses.
Key Highlights
- 6,366 SF mixed‑use commercial building at 6 Chester Pike
- Approximately 1,600 SF of vacant warehouse/storage space on the first floor
- Additional approximately 1,600 SF of vacant warehouse/storage space on the second floor
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
$29,674
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
5.60%
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%
$593,480
$593.5K
Cap Rate 7%
$423,914
$423.9K
Cap Rate 9%
$329,711
$329.7K
Market Conditions
NOI Build-Up for 6,366 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
$38.2K $6.00/SF
− Vacancy
−$3.3K −$0.52/SF
EGI
$34.9K $5.48/SF
− OpEx
−$5.2K −$0.82/SF
NOI
$29.7K $4.66/SF
Area
Delaware County, PA
Vacancy
8.60%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
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%
$593,480
Cap Rate 7%
$423,914
Cap Rate 9%
$329,711
Alternative Uses
Best Use
Mixed Use
$900.3K
$787.8K – $1.05M
NOI $63,023 @ 7.0% cap · market cap 11.89%
Second Best
Retail
$892.8K
$781.2K – $1.04M
NOI $62,498 @ 7.0% cap · market cap 11.79%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,108 @ 7.0% cap · market cap 25.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,079
Businesses Nearby
Explore this area
Business Placement
Demographics for 19023, PA
22,180
Population
9,089
Households
2.4
Avg Household Size
34
Median Age
17%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,090
Density / Sq Mi
$48,962
Median Household Income
$37,110
Median Earnings
$1,240
Median Rent
$117,200
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 Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Main-level storefront space is paired with two vacant warehouse/storage areas and private rear parking.
Where is this mixed-use property located?
The property is located at 6 CHESTER PIKE Darby, PA.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 6,366 SF mixed‑use commercial building at 6 Chester Pike; Approximately 1,600 SF of vacant warehouse/storage space on the first floor; Additional approximately 1,600 SF of vacant warehouse/storage space on the second floor
