Prospect Park, PA 19076 856 Chester Pike

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Presented By: Long & Foster Real Estate, Inc.
  • MLS# PADE2091254
  • 05/22/2025
  • Request Tour
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  • SQFT • 4,356

Home Details

Welcome to 856 Chester Pike, an investors' dream! This building offers a great investment opportunity on one of the busiest streets of Prospect Park. The property consist of three (3) units: a commercial space, along with a two (2) bedroom unit, and a one (1) bedroom unit. All units are occupied with long-term tenants of 5+ years, each unit has a month-to-month lease. There is a detached garage that's currently used as storage however, has potential for separate rental income. The commercial unit is handicap accessible, currently operating as a restaurant; entering the restaurant, you will find a large dining area, service counter, and fully functioning kitchen with basement and backyard access. The apartment entrance is located on the side of the building with a shared entryway. Chester Pike offers an bustling and energetic business environment, with close proximity to highway 95 making access to the PHL airport and the city only a short drive away. This location is highly desirable, as businesses continue to thrive in this ideal commercial/residential environment. Don't miss the opportunity to own a fully functioning mixed-use building, with room for improvements and expansion, in an extremely sought-after neighborhood.
Presented By: Long & Foster Real Estate, Inc.

Interior Features for 856 Chester Pike

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric

General for 856 Chester Pike

Acceptable FinancingCash, Conventional
AccessibilityRamp - Main Level
Association Recreation FeeN
Business TypeApartment Building, Parking Garage, Restaurant/Bar
CityPROSPECT PARK
Construction MaterialsStucco, Brick, Concrete
Cool FuelNone
CoolingWindow Unit(s)
CountyDELAWARE
DirectionsProperty on Chester Pike, cross street Prospect ave.
ExclusionsTenants' property.
HeatingHot Water, Radiator
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaProspect Park Boro (10433)
ModificationTimestamp2025-05-23T11:39:48
MunicipalityPROSPECT PARK BORO
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG113.72
Property ConditionGood
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount10368.0
Tax Assessed Value293850.0
Tax Lot464-000
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1919
Year Built SourceEstimated
ZoningCOM

Exterior for 856 Chester Pike

Building Area Total4300.00
Car Parking Spaces6
InclusionsSee Seller's disclosure. All items As-is condition
Land Assessed Value132140.00
Land Use Code
Lot Dimensions50.00 x 126.00
Lot Size Acres0.00
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Other EquipmentNegotiable
Parking FeaturesPrivate, Paved Parking, Handicap Parking
Total Loading Docks0
Total Parking Spaces6
Type of ParkingOff Site, Parking Lot, Private Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $489,000
MLS#PADE2091254
List Date 05/22/2025
Property Type Commercial
Phone 703.929.4729
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