Mixed-Use Property with Renovated Commercial
For Sale
$1,075,000
700 DEKALB STREET, Bridgeport, PA 19405
Combines commercial space, three apartments, and a detached garage.
Property Size7,843 SF
Lot Size0.24 Acres
Price / SF$137.06
Days on Market48
Property Features for 700 DEKALB STREET
General Information
Standard status
Active
Size
7,843 SF
Lot size
0.24 Acres
Property subtype
Commercial
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Asking Price
$1,075,000
Multifamily Units
3
Building Details
Year Built
1865
Tenancy
Multi
Listing Agency:
Keller Williams Main Line
(610) 520-0100
Listed By:
Jon M O'Shea · License #ab069634
(267) 780-3419
Source:
Cummingsrealtors
Added: Sep 6
Changed: Oct 21
Last Checked: Oct 23 at 10:01AM
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 Main Line
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Investment Insights
Based on property information with market context.
This mixed-use property contains 7,843 square feet with a fully renovated 2,657-square-foot commercial area, three apartments, and 1,969 square feet of unfinished basement space. The improvements include a completed daycare buildout and updates to the residential units. One three-bedroom apartment is currently vacant, providing an available residential unit within the property. A detached two-car garage and 15 on-site parking spaces add functional support for the building’s mixed-use configuration.
The commercial space is subject to a new five-year daycare lease beginning October 1, 2026, with a further five-year renewal option. The 10,400-square-foot parcel offers 84 feet along DeKalb Street and is located near King of Prussia, SEPTA rail service, and Route 99. Constructed in 1865, the property combines renovated commercial improvements with residential accommodations and additional unfinished area.
The commercial space is subject to a new five-year daycare lease beginning October 1, 2026, with a further five-year renewal option. The 10,400-square-foot parcel offers 84 feet along DeKalb Street and is located near King of Prussia, SEPTA rail service, and Route 99. Constructed in 1865, the property combines renovated commercial improvements with residential accommodations and additional unfinished area.
Key Highlights
- 7,843 SF mixed‑use property with 2,657 SF of renovated commercial space
- Three apartments, including one vacant 3‑bedroom unit
- New 5‑year daycare lease begins 10/1/26 with a 5‑year renewal option
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,175
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,623,500
$1.6M
Cap Rate 7%
$1,159,643
$1.2M
Cap Rate 9%
$901,944
$901.9K
Market Conditions
NOI Build-Up for 7,843 SF
Gross rent
$141.2K $18.00/SF
− Vacancy
−$11.3K −$1.44/SF
EGI
$129.9K $16.56/SF
− OpEx
−$48.7K −$6.21/SF
NOI
$81.2K $10.35/SF
Area
Montgomery County, PA
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,623,500
Cap Rate 7%
$1,159,643
Cap Rate 9%
$901,944
Alternative Uses
Best Use
Apartment 5plus
$1.51M
$1.32M – $1.77M
NOI $105,962 @ 7.0% cap · market cap 9.86%
Second Best
Mixed Use
$1.16M
$1.01M – $1.35M
NOI $81,175 @ 7.0% cap · market cap 7.55%
Theoretical Best
Specialty Retail
$4.51M
$3.95M – $5.26M
NOI $315,796 @ 7.0% cap · market cap 29.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,084
Businesses Nearby
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Business Placement
Demographics for 19405, PA
5,558
Population
2,318
Households
2.4
Avg Household Size
36
Median Age
42%
College-Educated
94%
High-School Grad
1.0 sq mi
ZIP Area
5,558
Density / Sq Mi
$78,777
Median Household Income
$52,604
Median Earnings
$1,483
Median Rent
$314,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines commercial space, three apartments, and a detached garage.
Where is this mixed-use property located?
The property is located at 700 DEKALB STREET Bridgeport, PA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: 7,843 SF mixed‑use property with 2,657 SF of renovated commercial space; Three apartments, including one vacant 3‑bedroom unit; New 5‑year daycare lease begins 10/1/26 with a 5‑year renewal option
