$250,000 Price Analysis 707 Long LnUpper Darby, PA 19082 2 bed 4 bath 1,592 SqFt ($157/SqFt) Built 1930 Listed 2024-04-03, Taxes $10,127 | ✓ USDA Eligible near Upper Darby, PA |
The wonderful location presents an exceptional opportunity as a commercial mixed-use property, currently setup as a restaurant with 2 residential units above. The restaurant space is fully equipped with an industrial kitchen, including all necessary equipment for seamless operations. All industrial kitchen equipment is included in the sale, making it a turnkey opportunity with this setup being ideal for aspiring restaurateurs or established culinary businesses looking to expand or to be used as any other permissible business use along this well trafficked area. This well-maintained building boasts a strategic location, offering excellent visibility and acce ssibility for businsses. The property features versatile spaces suitable for retail, office or service-based enterprises, catering to a diverse range of tenant needs. The property's location is advantageous, surrounded by a range of amenities that enhance its appeal.
Nearby, there are shopping centers, grocery stores and convenience stores, providing convenience for both residents and patrons of the commercial space. Commercial space has full access to the full basement as well as added space for storage or repurpose the area for other uses as well. Transportation options are plentiful, being on a bus route, with easy access to major highways and other forms of public transit. This accessibility ensures a steady flow of customers to the location and convenient commuting options for residents of the apartments above. In addition to the restaurant/commercial space, the property features two 1-bedroom apartments, adding residential income potential to the investment. Located on the upper floor, one unit to the back of the property and the other in the front, offering comfortable living spaces with the convenience of being close to everything; both having been recently renovated, with newer flooring, kitchens and baths. Overall, 707 Long Ln combines a thriving commercial space with residential convenience, making it an enticing investment opportunity and an attractive option for investors looking to capitalize on multiple revenue streams in a vibrant suburban setting.
Presented by C. Joseph Darrah at
KW Empower.
Property MLS #PADE2064674 from BrightMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $200,980 + $40,780 $241,760 | $10,127 |
2022 | $200,980 + $40,780 $241,760 | $9,855 |
2021 | $200,980 + $40,780 $241,760 | $13,289 |
2020 | $6,544 + $46,340 $52,884 | $3,420 |
2019 | $6,544 + $46,340 $52,884 | $3,360 |
2018 | $unknown + $unknown $52,884 | $3,322 |
2017 | $unknown + $unknown $52,884 | $3,235 |
2016 | $unknown + $unknown $52,884 | $3,211 |
2015 | $unknown + $unknown $87,400 | $5,253 |
2014 | $unknown + $unknown $87,400 | $5,099 |
2013 | $unknown + $unknown $87,400 | $4,915 |
2012 | $unknown + $unknown $87,400 | $4,727 |
2011 | $unknown + $unknown $87,400 | $4,619 |
2009 | $unknown + $unknown $87,400 | $4,215 |
2008 | $unknown + $unknown $87,400 | $4,129 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.