515 Chester Pike - Office/Residential FOR SALE


Norwood, PA 19074
$625,000 USD
215-247-3600
515 Chester Pike, Norwood, PA for Sale
$625,000 USD
Office/Residential - FOR SALE
1/30
null | 8% Cap Rate

515 Chester Pike
Norwood, PA 19074


HIGHLIGHTS

  • High visibility and foot traffic
  • Lots of windows and natural light
  • Open plan in commercial unit

OVERVIEW

Welcome to 515 Chester Pike! Newly renovated!!! Here is a prime investment opportunity featuring commercial space and a spacious four-bedroom apartment on the upper level. The commercial unit offers flexibility for a new business venture or lease opportunity. This is a beautiful open-concept space, with a large half bathroom, and sizable office. This commercial unit includes additional space that is currently being rented to business next door at $1050./month. Above these commercial space, the four-bedroom apartment has been completely renovated, providing modern amenities and a comfortable living environment. With its fresh renovations, this apartment is perfect for potential tenants looking for a stylish and convenient home. This apartment has its own private entrance on Chester Pike. This property is located in a bustling area with high visibility and foot traffic. Parking on and off street. This is an ideal choice for investors looking to maximize their return in a thriving community. Don't miss out on this exceptional property!

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Norwood Professional Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

Commercial

APN/PARCEL ID

31-00-00066-00

ASK ABOUT THIS PROPERTY

Miriam Mosquera-MartinezElfant Wissahickon Realtors, Inc.More Info
215-247-3600

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Miriam Mosquera-MartinezElfant Wissahickon Realtors, Inc.More Info
215-247-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.