16 N 9th St - Storefront Retail/Residential FOR SALE


Darby, PA 19023
$545,000 USD
610-580-6365
16 N 9th St, Darby, PA for Sale
$545,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | 9% Cap Rate

16 N 9th St
Darby, PA 19023


HIGHLIGHTS

  • Long track record of maximum occupancy in Residential rentals + Stable track record for Restaurant Business Tenant

OVERVIEW

EXECUTIVE SUMMARY Investment Overview This offering presents the opportunity to acquire a stabilized mixed-use investment property with diversified income streams, documented operating history, and immediate cash flow. The asset consists of a ground-floor restaurant and three residential apartments above, including two 2-bedroom units and one 1-bedroom unit, located in a high-demand rental market just off Main Street. The property is currently operating at a 9% capitalization rate at the offering price, supported by fully disclosed historical income and operating expenses, including a conservative 5% vacancy allowance. This transparency allows investors to underwrite the asset with confidence and minimizes execution risk post-acquisition. Property & Income Characteristics The retail component benefits from strong visibility and consistent traffic, contributing to stable commercial income. The residential units are well leased with a solid tenant base and a history of minimal vacancy, providing reliable supplemental cash flow and diversification. All utilities are separately metered with the exception of water, limiting landlord expense exposure and simplifying ongoing management. Physical Condition & Improvements The building has been well maintained and reflects pride of ownership. Notable features include a newer roof, off-street parking, and a functional layout that supports long-term tenancy for both commercial and residential users. No deferred maintenance has been reported. Business & Upside Considerations All restaurant equipment is owned outright by the seller. While the restaurant business is not included in the base offering, it may be negotiated separately, presenting potential upside for owner-operators or investors seeking to enhance returns beyond the in-place income. Investment Highlights Stabilized mixed-use asset with immediate cash flow Verified 9% cap rate at list price Fully transparent financials with disclosed expenses Diversified income from commercial and residential tenants High-demand rental location with historically low vacancy Separately metered utilities (except water) Optional upside via restaurant business negotiation Conclusion This offering represents a low-risk, income-oriented acquisition ideal for private investors, 1031 exchange buyers, or portfolio managers seeking stable returns with long-term appreciation potential. Assets of this quality, transparency, and performance profile are increasingly difficult to source in today’s market. Showings are by appointment only. Financials available to qualified buyers.

FOR SALE DETAILS

PRICE

$545,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

RESI

APN/PARCEL ID

14-00-02256-00

ASK ABOUT THIS PROPERTY

Michael GennettKeller Williams Real EstateMore Info
610-580-6365

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Michael GennettKeller Williams Real EstateMore Info
610-580-6365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.