Income-producing mixed-use investment opportunity along the Chester Pike/US-13 corridor in Prospect Park, Delaware County. Offered at $539,900, this approximately 4,632 SF property combines established commercial and residential income with immediate additional lease-up potential. Current contracted gross income is $6,150 per month / $73,800 annually, generated by a two-level commercial office/flex tenant and two occupied residential apartments. The commercial component is leased through May 2028 at $3,000/month and provides two levels of flexible business space with two powder rooms. Residential income includes a 3-bedroom apartment leased at $1,650/month and a 1-bedroom apartment leased at $1,500/month. A separate studio apartment is currently available, creating immediate lease-up upside. At a conservative projected rent of approximately $900-$1,000/month, stabilized gross income would increase to approximately $84,600-$85,800 annually. Residential electric and hot-water responsibility has been separated by unit, while the owner pays water, providing a more streamlined utility structure for the incoming owner. The property also offers a paved off-street parking lot and additional finished ancillary space that is not included in the advertised residential unit count or rental-income projections. Recent capital and infrastructure improvements have addressed several meaningful property components, including concrete/sidewalk work, electrical and metering improvements, and hot-water infrastructure. Location is another significant component of the investment story. The property sits directly along the established Chester Pike corridor in Prospect Park, approximately 10 minutes from Philadelphia International Airport, with convenient access to Route 420, I-95 and SEPTA Regional Rail. Prospect Park is also included in Delaware County's active Six Boroughs Main Street planning initiative, focused on continued revitalization of business districts along Chester Pike and the SEPTA Wilmington/Newark corridor. For investors seeking a manageable mixed-use acquisition, 565 Chester Pike offers existing commercial and residential income, immediate studio lease-up potential, diversified revenue streams and exposure to an actively improving Delaware County corridor. Being sold AS-IS. ________________________________________
Mixed-use investment opportunity on high-traffic Chester Pike. First floor commercial space currently configured as a nail salon with strong visibility and signage potential. Second floor features a large 2-bedroom apartment with rooftop access. Ideal for investors or owner-operators seeking income potential and flexibility for various business uses. Prime location with consistent traffic flow and close proximity to major routes, shopping, and transit. Property being sold as-is. Buyer responsible for all inspections and certifications.
Prospect Park is located in Pennsylvania. Prospect Park, Pennsylvania has a population of 6,414. Prospect Park is less family-centric than the surrounding county with 13.62% of the households containing married families with children. The county average for households married with children is 30.31%.
The median household income in Prospect Park, Pennsylvania is $63,515. The median household income for the surrounding county is $80,398 compared to the national median of $69,021. The median age of people living in Prospect Park is 37.5 years.
The average high temperature in July is 87.4 degrees, with an average low temperature in January of 26.7 degrees. The average rainfall is approximately 43.1 inches per year, with 15.1 inches of snow per year.
