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Salon Storefront With Business
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6933 LUDLOW ST, Upper Darby, PA 19082

Established personal-care operation with existing salon infrastructure and a layout adaptable to retail use.

Property Size1,880 SF
Price / SF$159.57
Days on Market131

Property Features for 6933 LUDLOW ST

General Information

Standard status Active
Size 1,880 SF
Property subtype Retail
Zoning Commercial Retail
Occupancy 100%

Building Details

Year Built 1940
Units 1
Tenancy Single
Listing Agency: Keller Williams Real Estate-Langhorne
Listed By: Michael Greene · License #2187718
Source: Crexi
Added: Apr 25 Changed: Aug 30 Last Checked: Aug 30 at 9:29AM

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 Real Estate-Langhorne

Investment Insights

Based on property information with market context.

This commercial storefront includes an operating beauty salon business and an existing interior configuration designed for salon services. The approximately 1,180-square-foot figure conflicts with the separately reported 1,880-square-foot property size, so no size is stated. The space may also accommodate a personal-care or retail concept, subject to applicable requirements.

The property is located at 6933 Ludlow Street in Upper Darby, Pennsylvania, within a commercial retail zoning designation. Public transportation, residential neighborhoods, and complementary retail businesses are identified as nearby. Built in 1940, the property combines an established service business with ownership of the underlying commercial real estate.

Key Highlights

  • Operating beauty salon business included with the commercial real estate
  • Existing salon infrastructure and service‑oriented interior layout
  • Commercial Retail zoning designation

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
$18,457
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
6.15%
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%
$369,140 $369.1K
Cap Rate 7%
$263,671 $263.7K
Cap Rate 9%
$205,078 $205.1K
Market Conditions
NOI Build-Up for 1,880 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
$28.2K $15.00/SF
− Vacancy
−$1.8K −$0.98/SF
EGI
$26.4K $14.03/SF
− OpEx
−$7.9K −$4.21/SF
NOI
$18.5K $9.82/SF
Area
Delaware County, PA
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$369,140
Cap Rate 7%
$263,671
Cap Rate 9%
$205,078

Alternative Uses

Best Use
Retail
$263.7K
$230.7K – $307.6K (±1% cap)
NOI $18,457 @ 7.0% cap · market cap 6.15%
Second Best
no second resolved use
Theoretical Best
Office A
$570.0K
$498.8K – $665.0K (±1% cap)
NOI $39,900 @ 7.0% cap · market cap 13.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Electrical Service Skin Care Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,690
Businesses Nearby
232k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 40% Apparel 26% Dining 25% Electronics 5%
Burlington Apparel
22,345 visits/mo 0.2 miles
Ross Dress for Less Apparel
20,776 visits/mo 0.1 miles
Wendy's Dining
17,045 visits/mo 0.3 miles
McDonald's Dining
16,228 visits/mo 0.3 miles
Five Below Shops & Services
12,937 visits/mo 0.1 miles

Demographics for 19082, PA

42,761
Population
16,775
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
16,447
Density / Sq Mi
$55,551
Median Household Income
$36,139
Median Earnings
$1,178
Median Rent
$155,400
Median Home Value

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
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - Established personal-care operation with existing salon infrastructure and a layout adaptable to retail use.
Where is this storefront property located?
The property is located at 6933 LUDLOW ST Upper Darby, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Operating beauty salon business included with the commercial real estate; Existing salon infrastructure and service‑oriented interior layout; Commercial Retail zoning designation
(267) 980-4217 Call to check price and availability
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