Updated Two-Story Mixed-Use
For Sale
$285,000
700 LLOYD Street, Chester, PA 19013
MULTI_FAMILY - CHESTER, PA
Property Size2,500 SF
Lot Size0.04 Acres
Price / SF$114
Days on Market49
Property Features for 700 LLOYD Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Elementary school district
CHESTER-UPLAND
Middle school district
CHESTER-UPLAND
High school district
CHESTER-UPLAND
Special listing conditions
In Foreclosure
Standard status
Active
Size
2,500 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
6925
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1920
Number of units
3
Building materials
Brick
Listing Agency:
RE/MAX Prime Real Estate · RE/MAX International
(610) 622-7500
Listed By:
Jaimee A. Cohen · License #RM424669
(610) 622-7500
Added: Jun 18
Last Checked: Aug 5 at 3:06PM
MLS# PADE2117970
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story mixed-use property at 700 Lloyd Street includes a commercial first floor and two residential apartments above. The commercial space is designed for food and beverage operations or similar uses, with a partially equipped commercial kitchen, a dedicated storage room, a bar area, and two powder rooms. Above, there are two updated one-bedroom, one-bathroom apartments with independent utilities. Each unit features updated kitchens with granite countertops and upgraded cabinetry, renovated bathrooms, and durable vinyl flooring throughout. The apartments also have separate forced-air heating systems with central air, electric service, and individual water heaters.
The property is located in Chester, Pennsylvania, and is offered AS-IS. The seller makes no representations regarding the property or legal use, and buyers are responsible for verifying that any proposed use is acceptable with the City.
From a practical standpoint, the layout supports owner-occupancy and mixed operations, with a dedicated commercial area on the first floor and two separate residential units upstairs. For investors, the building provides both a commercial component and two rental apartments in a single two-story structure. Prospective buyers should review the existing improvements and confirm any intended business use during their due diligence, particularly given the AS-IS and legal-use verification note.
The property is located in Chester, Pennsylvania, and is offered AS-IS. The seller makes no representations regarding the property or legal use, and buyers are responsible for verifying that any proposed use is acceptable with the City.
From a practical standpoint, the layout supports owner-occupancy and mixed operations, with a dedicated commercial area on the first floor and two separate residential units upstairs. For investors, the building provides both a commercial component and two rental apartments in a single two-story structure. Prospective buyers should review the existing improvements and confirm any intended business use during their due diligence, particularly given the AS-IS and legal-use verification note.
Key Highlights
- Two‑story brick mixed‑use building in Chester, PA (2 separate properties) built in 1920
- Commercial first floor with partially equipped kitchen, dedicated storage, bar area, and 2 powder rooms
- Two updated 1‑bedroom, 1‑bath apartments above the commercial space
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.8k | $21.12 |
| − Vacancy | −$7.2k | −$2.89 |
| EGI | $45.6k | $18.23 |
| − OpEx | −$20.5k | −$8.20 |
| NOI | $25.1k | $10.02 |
2,500 SF · lease $21.12/SF/yr · vacancy 13.70% · expense 45.00%
Alternative Uses
Best Use
Specialty Retail
$459.0K
$401.6K – $535.5K
NOI $32,130 @ 7.0% cap · market cap 11.27%
Second Best
Multifamily LT 5
$391.5K
$342.5K – $456.7K
NOI $27,402 @ 7.0% cap · market cap 9.61%
Theoretical Best
Office A
$758.0K
$663.2K – $884.3K
NOI $53,058 @ 7.0% cap · market cap 18.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
539
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
Market
Vacancy Rate% for Multifamily 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 - Two-story mixed-use building with commercial kitchen and two updated 1-bedroom apartments, offering combined business and rental space.
Where is this mixed-use property located?
The property is located at 700 LLOYD Street Chester, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑story brick mixed‑use building in Chester, PA (2 separate properties) built in 1920; Commercial first floor with partially equipped kitchen, dedicated storage, bar area, and 2 powder rooms; Two updated 1‑bedroom, 1‑bath apartments above the commercial space
