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1902 Market St - Retail Pad Site near I95 Exit ramps

0.79 Acres of Commercial Land Offered at £286,308 in Boothwyn, PA 19061

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Investment Highlights

Fast Food Site near I-95 Exit/Entrance ramps in a densely populated area

Executive Summary

Great fast food restaurants site. The address is 1902 Market Street Boothwyn, PA 19061. It is on a major highway only 900 feet from the exit ramp to Interstate I-95 which has one of the highest traffic count in Pennsylvania, 143,000 vehicles per day. Signs are permitted on I-95 for food and rest stops. The area is densely populated with a population of 165,000 frequent fast food buyers within a 5 mile radius. Market Street is also known as PA Rt 452 which has a 17,000 vehicle per day traffic count, and the corner is Johnson Street. This property is a great pad site because it is properly zoned for a fast food restaurant with drive through and it is a corner location, at street level grade with no steep slopes or wetlands. This property is for sale at $349,000 and seller financing may be possible. A ground lease at $2,900 per month NNN is also possible (all improvements by tenant) and would allow a lower cost to get started. Currently there is a rental single family dwelling containing 2,300 sq. ft. w/ 3 bedrooms and 2 baths on a 3/4 acre lot. It has a first floor family room and a lot of space on outside porches and decks. It is a fully renovated single family home that is rented for $2,000 per month. See the pictures and descriptions on Loopnet OR CALL OR EMAIL Keith Raport for the flyer, site plan and demographic information. Lot can be developed as a daycare facility.

plot plan

Zoning, C-1

sketch plan of proposed Autozone building

Financial Summary (Actual - 2021)	Annual	Annual Per AC
Gross Rental Income	£19,092	£24,167.70
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	£19,092	£24,167.70
Net Operating Income	-	-

Financial Summary (Actual - 2021)

Gross Rental Income
Annual	£19,092
Annual Per AC	£24,167.70

Other Income
Annual	-
Annual Per AC	-

Vacancy Loss
Annual	-
Annual Per AC	-

Effective Gross Income
Annual	£19,092
Annual Per AC	£24,167.70

Net Operating Income
Annual	-
Annual Per AC	-

Property Facts

Price	£286,308	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Conditions	Ground Lease (Leased Fee) Tenants option to buy property Deferred Maintenance Development Sale	Proposed Use	Retail Bank Carwash Daycare Centre Drugstore Fast Food Hold For Development Hold For Investment Restaurant
No. Lots	1	Total Lot Size	0.79 AC

Price	£286,308
Sale Type	Investment or Owner User
Sale Conditions	Ground Lease (Leased Fee) Tenants option to buy property Deferred Maintenance Development Sale
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Bank Carwash Daycare Centre Drugstore Fast Food Hold For Development Hold For Investment Restaurant
Total Lot Size	0.79 AC

1 Lot Available

Lot 107

Price	£286,308	Lot Size	0.79 AC
Price Per AC	£362,415

Price	£286,308
Price Per AC	£362,415
Lot Size	0.79 AC

Corner Lot for fast food restaurant. This is 900 ft from I-95 exit/entrance ramps. Zoned commercial and permits fast food and cell tower. Lot currently contains a single family home that is rented for $2,000 per month.

Description

This is a stand-alone corner property which is zoned for a commercial pad site. It is located within 900 feet of 4-way ramp to I-95 (134,000 vehicles per day), in Boothwyn PA (Upper Chichester Township, Delaware County). In addition to being close to the exit and entrance ramps to I-95, it is also a densely populated middle-income area. The site could be configured for 1-3 stores, or up to 7,200 sq. ft of new construction. It is on a CORNER lot with frontage on Rt 452 which has 17,000 vehicles per day, and is aka Market Street. We believe that a store AND a communication tower or large monument sign (I-95 is near) would both be permitted on the site which has a high elevation. The property can be an outright sale or built to suit or site improved and/or ground lease. Details including pictures and plot plan can be requested. Description of current improvements: The property is a single family dwelling containing 2,300 sq. ft. w/ 3 bedrooms and 2 baths on a 3/4 acre lot. It has a first floor family room and a lot of space on outside porches and decks. It is a fully renovated single family home (but on a commercially zoned lot) that is rented to a good tenant with good income and good credit and they pay $2.000 per month. Lot can be developed as a daycare facility.

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