308 MARKET ST, Marcus Hook, PA 19061
308 MARKET ST, Marcus Hook, PA 19061
308 MARKET ST, Marcus Hook, PA 19061
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Listed by D Derderian • HomeSmart Realty Advisors- Exton
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Price Dropped by $64K

308 MARKET ST Marcus Hook, PA 19061

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Tariq Rushdan

Tariq Rushdan

+1(240) 595-8207

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PADE2102520

Year Built 1937

Annual Tax Amount $3,283

Tax Year 2025

Lot Dimensions 19x64

Property Sub-Type Retail

Source BRIGHT

Property Description

This commercial property, built in 1937, presents a unique investment opportunity in a suburban location. The property may be constructed with durable materials including stone, stucco, block, and brick, ensuring longevity and potential for value appreciation. Key features include a level lot, which simplifies development and renovation possibilities. The property is currently in need of major rehabilitation, allowing investors to customize the space to meet market demands and maximize returns. The absence of an association fee and amenities provides flexibility in management and operational costs, making it an attractive option for those looking to minimize overhead. The suburban setting offers a balance of accessibility and tranquility, appealing to a broad range of potential tenants or buyers. The property is positioned in a community that benefits from steady demand, making it a strategic choice for long-term investment. On-street parking enhances convenience for visitors and clients, further increasing the property's appeal. Investors can leverage the existing structure's potential while capitalizing on the growing suburban market. With the right renovations, this property could serve various commercial purposes, from retail to office space, catering to the evolving needs of the community. Overall, this property represents a promising opportunity for investors seeking to enter or expand within the suburban commercial real estate market. The combination of a solid construction base, level lot, and strategic location positions this property for significant future returns.

Location

State PA

County Delaware

Area Marcus Hook Boro (10424)

Zoning UNKNOWN

Interior

Hot Water Natural Gas

Heating None

Cooling None

Heat Source Natural Gas Available

Exterior

Utilities Available Electric Available, Natural Gas Available, Water Available

Water Access N

Accessibility None

Garage N

Building

Lot Description Level

Foundation Crawl Space, Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Chichester

Others

Tax ID 24-00-00378-00

Ownership Fee Simple

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Tariq Rushdan

Tariq Rushdan

Agent License ID: 5014799

+1(240) 595-8207

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308 MARKET ST