Property summary
This exceptional 16,762-square-foot retail property, located at 1176 National Pike in Hopwood, Pennsylvania, presents a remarkable investment opportunity. Situated on a 1.52-acre lot (APN 34-38-0001), this former grocery store boasts a completely cleared first floor, ideal for diverse retail uses, including restaurants or convenience stores. The space is easily adaptable and could be subdivided into individual suites. Recent renovations (June 2023) include a new roof, fresh paint, and energy-efficient LED lighting. Ample parking is provided with 85 spaces. The property's zoning is Medium Density Residential. A significant advantage for food service businesses is the existing commercial hood system above the ceiling in the rear. The expansive 13,888-square-foot basement offers additional walk-in areas, a dock-high door, a drive-in door, a platform lift, dedicated shipping and receiving areas, pallet storage, and a compressor room complete with a backup generator. Built in 1960, this property offers a blend of classic structure and modern upgrades, making it a highly attractive proposition for discerning investors seeking a versatile and well-equipped retail space in a desirable location. The asking price is $800,000, with a price per square foot of $47.72.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning