1470 W Baltimore Pike Toughkenamon, PA 19374

10,112 SF 0.37 ac lot Built 1934

Entity Owned 1-yr Hold ~ Est. High Equity

Property ID

US73-2892044

$899,900 10,112 SF

1470 W Baltimore Pike, Toughkenamon, PA 19374
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This exceptional investment opportunity presents a turnkey, five-unit mixed-use building situated on two tax parcels totaling 0.7 acres in the vibrant Toughkenamon, PA market. The property, formerly known as the Brown Derby, boasts 10,112 square feet of space, intelligently repurposed into four thriving commercial units and one residential apartment. The commercial units currently house a bakery, barbershop, Mexican restaurant, and fitness center, all operating under long-term leases, ensuring consistent rental income and investment stability. The total leasable commercial square footage is 6064 square feet. The residential apartment provides additional income potential. Each unit benefits from individual HVAC systems, separate electric and gas meters, and sub-metered water and sewer services. Ample parking is provided with 36 spaces, accommodating both tenants and customers, and allowing for potential future expansion. Recent improvements include a new roof, updated HVAC systems, and fresh exterior paint, minimizing immediate maintenance needs. The property includes two parcels: 60-01Q-009 (0.37 acres, building) and 60-01Q-0017 (0.33 acres, parking lot with Church Street access). This meticulously maintained property offers a rare blend of commercial and residential income streams, making it an ideal investment for discerning buyers seeking a stable and profitable venture.