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Property profile

701 Chester Pike Prospect Park, PA 19076

OFF-MARKET
Other commercial real estate
Property ID
US73-1181549
View Sample
2,583 SF 0.04 ac lot Built 1900
Individually Owned Absentee Owner Free & Clear

Property summary

AI-generated overview

This mixed-use property is located at the intersection of Chester Pike and Summit Avenue in Prospect Park. It has a total building area of 2,415 square feet and sits on a corner lot with a private parking lot accommodating 3 cars. The first floor is configured as a retail storefront with display windows and a flexible interior layout suitable for a variety of retail or service uses, and it is served by its own utilities. The second floor contains a two-bedroom apartment with a private entrance and separate utilities for the dwelling unit. The property is positioned near township parks, schools, public transportation, shopping, and major routes with access to Philadelphia, Delaware, New Jersey, and Philadelphia International Airport.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 2,583 SF
Lot 0.04 ac (1,960 SF)
APN 33-00-00170-00
UPID US73-1181549

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Ophthalmologist (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2025
Last sale
$275,000
2 recorded transactions
2025
$275,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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