Mixed-Use Property with
For Sale
$2,999,595
Pending
930 W LANCASTER AVENUE, Bryn Mawr, PA 19010
Retail space, two apartments, laundry income, and dedicated rear parking create a diversified mixed-use configuration.
Property Size10,100 SF
Days on Market48
Property Features for 930 W LANCASTER AVENUE
General Information
Standard status
Pending
Size
10,100 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$31,008
Building Details
Building Size
10,100 SF
Year Built
1960
Listing Agency:
KW Commercial
Listed By:
Amy Yangello · License #RS316998
(610) 716-1649
Source:
Kingswayrealty
Added: Sep 9
Changed: Oct 19
Last Checked: Oct 24 at 1:23PM
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 KW Commercial
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Investment Insights
Based on property information with market context.
This mixed-use property combines a retail liquor store with two residential units: one one-bedroom apartment and one two-bedroom apartment. An on-site coin-operated laundry room provides an additional income component, while the rear parking lot includes 17 spaces. Built in 1960, the property is configured for both commercial and residential occupancy.
The retail tenant, Fine Wine & Good Spirits-Pennsylvania Liquor Store, has occupied the property for more than 60 years. Its lease extends through 2028, and the tenant has expressed interest in renewal and a premium-store rebranding. The combination of established retail occupancy, residential units, laundry facilities, and on-site parking supports a diversified mixed-use income profile.
The retail tenant, Fine Wine & Good Spirits-Pennsylvania Liquor Store, has occupied the property for more than 60 years. Its lease extends through 2028, and the tenant has expressed interest in renewal and a premium-store rebranding. The combination of established retail occupancy, residential units, laundry facilities, and on-site parking supports a diversified mixed-use income profile.
Key Highlights
- Fine Wine & Good Spirits‑Pennsylvania Liquor Store has occupied the property for more than 60 years
- Retail liquor store lease runs through 2028
- Includes one 1‑bedroom apartment and one 2‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,249
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,024,980
$2.0M
Cap Rate 7%
$1,446,414
$1.4M
Cap Rate 9%
$1,124,989
$1.1M
Market Conditions
NOI Build-Up for 10,100 SF
Gross rent
$213.3K $21.12/SF
− Vacancy
−$29.2K −$2.89/SF
EGI
$184.1K $18.23/SF
− OpEx
−$82.8K −$8.20/SF
NOI
$101.2K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,024,980
Cap Rate 7%
$1,446,414
Cap Rate 9%
$1,124,989
Alternative Uses
Best Use
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,249 @ 7.0% cap · market cap 3.38%
Second Best
Mixed Use
$1.43M
$1.25M – $1.67M
NOI $99,990 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,355 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,939
Businesses Nearby
176k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 29%
Office Supplies 6%
Groceries 4%
Wawa
Shops & Services
32,915 visits/mo
0.4 miles
McDonald's
Dining
26,750 visits/mo
0.4 miles
Sunoco
Shops & Services
18,075 visits/mo
0.4 miles
Sunoco
Shops & Services
15,545 visits/mo
0.4 miles
Staples
Office Supplies
10,644 visits/mo
0.4 miles
Demographics for 19010, PA
21,270
Population
8,520
Households
2.5
Avg Household Size
38
Median Age
77%
College-Educated
98%
High-School Grad
8.5 sq mi
ZIP Area
2,502
Density / Sq Mi
$143,986
Median Household Income
$61,732
Median Earnings
$1,890
Median Rent
$788,700
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail space, two apartments, laundry income, and dedicated rear parking create a diversified mixed-use configuration.
Where is this mixed-use property located?
The property is located at 930 W LANCASTER AVENUE Bryn Mawr, PA.
What is the asking price?
The asking price for this property is $2,999,595.
What are key features of this property?
This property features: Fine Wine & Good Spirits‑Pennsylvania Liquor Store has occupied the property for more than 60 years; Retail liquor store lease runs through 2028; Includes one 1‑bedroom apartment and one 2‑bedroom apartment
