119 Chester Pike Norwood, PA 19074-1720
This exceptional commercial property at 119 Chester Pike in Norwood, PA, offers approximately 2,000 square feet of versatile retail space. Currently operating as a successful education/childcare center, the building boasts a fully functioning layout ready for immediate occupancy or adaptable to a variety of uses. The property includes a significant advantage with a large on-site parking lot, catering to ample customer or client parking needs. Further enhancing its appeal is a fully fenced outdoor play area and additional land, providing extra space and potential for expansion or outdoor activities. The building's prominent location on Chester Pike ensures high visibility and excellent signage opportunities, maximizing exposure to a substantial daily traffic volume. The highway commercial zoning allows for a wide range of potential uses. An intriguing possibility exists for a second-floor residential conversion, subject to local regulations and approvals, offering additional income potential or expanded living space. This property presents a unique opportunity for investors and business owners seeking a well-located, adaptable commercial space with significant upside potential. The asking price is $400,000.
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Changing Lanes Learning Center LLC Daycare Center Foster Care Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.