Exceptional mixed-use opportunity in the desirable Ridley Farms neighborhood! Located at 363 Holmes Road, this versatile property offers both commercial and residential potential, making it an ideal fit for investors, business owners, or owner-occupants. The main level features a vacant former dental office complete with a half bath, providing flexible space for a variety of professional or office uses. Upstairs, the second-floor apartment offers 1 bedroom and 1 full bathroom and is also currently vacant, allowing for immediate occupancy or rental income potential. According to Ridley Township, buyers may have the opportunity to obtain a variance to convert the first-floor commercial space into an additional residential unit, with an estimated approval timeline of approximately 30-45 days. Additional features include separate electric service, common heat, central air, and hot water, plus driveway parking and a built-in one-car garage that could provide additional rental income. The property is in overall good condition, delivered vacant, and easy to show. A rare opportunity to add value and maximize income potential in a convenient Delaware County location.
This is a fantastic investment opportunity at 230 Holmes Ave. The property features two buildings: a vacant single-story storefront (25' wide by 55' deep) in the front, perfect for leasing or starting your own business, and a well-maintained two-story building in the rear with two one-bedroom apartments. The first-floor apartment rents for $1100/month, while the second-floor apartment rents for $1,050/month, providing stable income from long-term tenants. Each apartment includes a dedicated parking space at the back of the first building. The property shares an additional 8-space parking lot with the neighboring 234 Holmes Ave on a first-come, first-serve basis. The deeds for both properties allow 234 Holmes Ave (Neighboring property) to use the driveway on 230 Holmes Ave to access the parking lot, while 230 Holmes Ave has the right to share the parking lot on 234 Holmes Ave. Zoned Residential, It requires a variance application to the township for leasing the storefront to a business. The property is located just 11 minutes from Philadelphia Airport and 25 minutes from Center City, it’s conveniently situated near shopping, restaurants, and public transportation.
Holmes is located in Pennsylvania. Holmes, Pennsylvania has a population of 2,645. Holmes is more family-centric than the surrounding county with 51.42% of the households containing married families with children. The county average for households married with children is 30.31%.
The median household income in Holmes, Pennsylvania is $80,462. 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 Holmes is 52 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.
