23 Chester Pike Ridley Park, PA 19078
- Office buildings
- 15,456 SF
- 0.29 lot acres
Current Use by Public Records
- Alaina Jacobi, PA / Doctor
- Dr. Michael B. Torrence, MD / Pediatrician
- Dr. Pamela G. Mehalick, DO / Family Practice Physician
- Altomari Gia N MD / Family Practice Physician
- Taylor Alan R / Doctor
Property Details for 23 Chester Pike
- Year built
- 1990
- Lot size
- 0.29 lot acres
- Property size
- 15,456 SF
- Property type
- Office buildings
- APN
- 37-00-00320-00
- APU
- 37000032000
Description
This exceptional 15,400 square foot office building, situated at 23 W Chester Pike in Ridley Park, Pennsylvania, presents a compelling investment opportunity. Priced at $2,400,000, this traditional office space boasts a strong 9.12% capitalization rate, generating a net operating income (NOI) of $218,853. The building's prime location along the bustling West Chester Pike (Route 13) ensures high visibility and accessibility. Its proximity to major highways, including Interstates 95 and 476, and its convenient location less than seven miles from Philadelphia International Airport, significantly enhance its appeal. Currently, approximately 1,000 to 4,600 square feet of space is available for sale. The property is ideally suited for a variety of professional office or medical users seeking to establish or expand their presence in the thriving Ridley Park market. The asking price per square foot is $155.84. This property offers a rare combination of strong financial performance, excellent location, and significant potential for future growth, making it an attractive investment prospect. The zip code is 19078, and the property is located in Delaware County.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ridley Park
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.3232
- Latitude
- 39.8759
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
