Listed By:
Keller Williams Real Estate - Media
Address
2012-2016 Delmar Drive, Folcroft, PA
Price
$ 359,000
Property Attributes
  • MLS#PADE2061944
  • TypeCommercial
  • CountyDELAWARE
  • CityFolcroft
  • AreaFolcroft Boro
  • NeighborhoodDelmar Village
  • Zip19032
  • StyleDay Care Facility,Flex,Hair Salon and Spa,Health C
  • Year Built1964
  • Taxes$ 8809
  • Price$ 359,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2700
  • Lot Size8,712 SqFt
Data Source:
Bright MLS
Property Description

Southeast Delco center featuring two store fronts and the previous Delmar Tavern. Three units, one currently leased. Excellent location with 1437 doors within walking distance. Great opportunity for owner occupant with a neighborhood business. Ideal for restaurants, dollar store, office, or retail. Could also be a great addition to your investment portfolio.

Price History
2/19/2024 Listed $359,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Cable TV,Electric Available,Natural Gas Available,Phone Available
Possession Immediate
Roof Flat
Zoning RS
Construction Materials Block,Brick,Frame
Exclusions Tenants personal property
Year Built 1964
Electric 200+ Amp Service
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Gross Income 43200.00
OwnerPays Taxes - Real Estate,Other
Business Type Day Care Facility,Flex,Hair Salon and Spa,Health Club,Institutional,Medical,Other/General Retail,Professional,Restaurant/Bar,Religious Facility,Shopping Center,Supermarket/Grocery Store,Theater
Accessibility None
County DELAWARE
Net Operating Income 25976.00
Operating Expense 8415.00
Insurance Expense 2000.00
New Construction No
Property Type Commercial Sale
MaintenanceExpense 1500.00
Subdivision Name DELMAR VILLAGE
Possible Use Bar/Tavern/Lounge,Barber/Beauty,Beer/Wine/Liquor,Church,Clothing,Commercial,Convenience Store,Day Care,Dry Cleaner,Financial,Flex Space,Florist/Nursery,Food & Beverage,Food Market,Investment,Laundrom
Water Access Y/N No
Property Use Investment
Transportation Airport less than 10 miles,Bus Stop less than 1 mile,Commuter Rail Station less than 1 mile
Status ACTIVE
Directions From Chester Pike & South Avenue,continue east on South Avenue,becomes Delmar Drive,property on your left
ModificationTimestamp 2024-03-01T09:02:44
City FOLCROFT
Buyer Agent Compensation 3
Zoning Description See Folcroft Borough's website
Total Units 3
MLS Area Folcroft Boro (10420)
Lot Size Square Feet 8700.00
Tax Assessed Value 218700.0
Waterfront Y/N No
Street Name DELMAR
Tax Annual Amount 8809.0
Property Condition Good
Price Per Sq Ft 132.96
Acceptable Financing Cash,Conventional,Other
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 72
Standard Status Active
Year Built Source Estimated
Tax Lot 088-000
Total Actual Rent 48000.00
Cap Rate 7.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 1
Heating Y/N Yes
Street Suffix DRIVE
Central Air Y/N Yes
Entry Level 1

Exterior Features

Parking Features Private
Water Source Public
Total Parking Spaces 10
Type of Parking Off Site
Traffic Count 10000-14999
Foundation Details Block,Slab
Water View Y/N No
Building Area Total 2700.00
Lot Dimensions 100.00 x 87.00
Lot Size Acres 0.20
Road Surface Type Black Top
Road Frontage Length 96
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility State
Land Assessed Value 93470.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19032

Price
AVG $360K
$360K
Taxes
AVG $14,475
$8,809
Visits
AVG 130
103
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1964

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