Formerly the Brown Derby | 1470 W Baltimore Pike
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Formerly the Brown Derby 1470 W Baltimore Pike
8,101 SF 100% Leased Retail Building Toughkenamon, PA 19374 $915,000 ($113/SF)
Investment Highlights
- Great location and front on W. Baltimore Pike
- Long term leases in place
- Abundance of parking.....36 spaces
Executive Summary
NEW PRICE! Turnkey 5 unit, 8800 sq ft mixed use building formerly known as the Brown Derby! Beautifully updated and repurposed as 4 commercial units (Bakery, Barbershop, Mexican Restaurant, Fitness) along with one residential apartment (6064 total leasable square footage). Offering includes two tax parcels: 60-01Q-009 consisting of the building on 0.37 acres as well as 60-01Q-0017 featuring the parking lot and access to Church St sitting on 0.33 acres. All commercial tenants are on long term leases offering great stability to any investor. Each unit features it's own heat and air, separate electric/gas along with sub-metered water/sewer. 36 parking spaces offers plenty of room for businesses and potential growth. Building has new roof, newer HVAC, new exterior paint and much more. Make your appointment today!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,101 SF
Building Class
B
Year Built
1934
Price
$915,000
Price Per SF
$113
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.50
Lot Size
0.37 AC
Zoning
HC - Highway Commercial
Parking
36 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
97 FT on W Baltimore Pike
Amenities
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Blacklab Bread
- -
-
99,999 SF
- -
-
Jan 0000
- Bruno's Chairs Barbershop
- -
-
99,999 SF
- -
-
Jan 0000
- Chavelos Restaurant
- -
-
99,999 SF
- -
-
Jan 0000
- Fit to Move
- -
-
99,999 SF
- -
-
Jan 0000
- Res. Apartment
- -
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Blacklab Bread | - | 99,999 SF | - | Jan 0000 | ||
| Bruno's Chairs Barbershop | - | 99,999 SF | - | Jan 0000 | ||
| Chavelos Restaurant | - | 99,999 SF | - | Jan 0000 | ||
| Fit to Move | - | 99,999 SF | - | Jan 0000 | ||
| Res. Apartment | - | 99,999 SF | - | Jan 0000 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $254,160 (2024) | |
| Land Assessment | $56,600 (2024) | Total Assessment | $310,760 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$56,600 (2024)
Improvements Assessment
$254,160 (2024)
Total Assessment
$310,760 (2024)
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Formerly the Brown Derby | 1470 W Baltimore Pike
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