934 Market St
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934 Market St
2,552 SF 100% Leased Retail Building Marcus Hook, PA 19061 $240,000 ($94/SF) 8.81% Cap Rate
Investment Highlights
- Prime Investment Opportunity!! Ideal location and established tenants, this property guarantees a lucrative return on investment.
- Unbeatable Accessibility: Enjoy exceptional convenience with nearby major transportation hubs, highways, and public transit for seamless travel and co
- Community Vibes: Experience a vibrant atmosphere with kids' playgrounds and nearby businesses enhancing your everyday life.
- Prime Location: Strategically positioned near PHL Airport, stadiums, and the new Amazon warehouse, leveraging local economic growth and potential.
- Recreation at Your Doorstep: Explore Market Square Memorial Park and Soccer Subaru Park for leisure and entertainment.
- Owner will lease back space or vacate the property.
Executive Summary
Presented by Brenda Romeus with KW Commercial, 934 Market St, Marcus Hook, PA 19061, is an exceptional investment opportunity. This property features three long-term tenants, ensuring a reliable income stream and making it a lucrative venture for investors. Its strategic location near PHL Airport, stadiums, and the new Amazon warehouse capitalizes on the area's economic growth potential.
Strategically positioned for accessibility, 934 Market St offers proximity to major transportation hubs, including highways and public transit. Its convenient location just minutes away from both Delaware and New Jersey enhances regional connectivity and business expansion opportunities. Additionally, the property is surrounded by local amenities such as Market Square Memorial Park and the Soccer Subaru Park, providing leisure and entertainment options for tenants and visitors alike.
Don't miss out on this fantastic investment opportunity! With its prime location, established tenants, and promising growth prospects, 934 Market St promises a solid return on investment. Contact Brenda Romeus with KW Commercial today to seize this opportunity and secure your foothold in the thriving Marcus Hook commercial market!
Strategically positioned for accessibility, 934 Market St offers proximity to major transportation hubs, including highways and public transit. Its convenient location just minutes away from both Delaware and New Jersey enhances regional connectivity and business expansion opportunities. Additionally, the property is surrounded by local amenities such as Market Square Memorial Park and the Soccer Subaru Park, providing leisure and entertainment options for tenants and visitors alike.
Don't miss out on this fantastic investment opportunity! With its prime location, established tenants, and promising growth prospects, 934 Market St promises a solid return on investment. Contact Brenda Romeus with KW Commercial today to seize this opportunity and secure your foothold in the thriving Marcus Hook commercial market!
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$24,000
|
$9.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$24,000
|
$9.40
|
| Taxes |
$2,850
|
$1.12
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,850
|
$1.12
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $24,000 |
| Annual Per SF | $9.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $24,000 |
| Annual Per SF | $9.40 |
| Taxes | |
|---|---|
| Annual | $2,850 |
| Annual Per SF | $1.12 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $2,850 |
| Annual Per SF | $1.12 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,552 SF
Building Class
C
Year Built
1900
Price
$240,000
Price Per SF
$94
Cap Rate
8.81%
NOI
$21,150
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.34
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
CR - Central Retail
Frontage
32 FT on Market St
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 24-00-00439-00 | Total Assessment | $67,990 (2024) |
| Land Assessment | $54,980 (2024) | Annual Taxes | $2,850 ($1.12/SF) |
| Improvements Assessment | $13,010 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
24-00-00439-00
Land Assessment
$54,980 (2024)
Improvements Assessment
$13,010 (2024)
Total Assessment
$67,990 (2024)
Annual Taxes
$2,850 ($1.12/SF)
Tax Year
2023
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