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Listed by Robert Stranix • Premier Property Management & Realty LLC
$ 2,500,000
Est. payment | /mo
$ 2,500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADE2118138
Year Built 1950
Annual Tax Amount $17,828
Tax Year 2025
Lot Dimensions 587.00 x 240.00
Property Sub-Type Other
Source BRIGHT
Property Description
Value-Add Cold & Dry Storage Investment Opportunity
101 E Pine Street presents a rare opportunity to acquire a multi-tenant industrial property featuring cold storage, dry warehouse space, office areas, and multiple income-producing units in Delaware County's tightly held industrial market.
The approximately 13,098-square-foot facility is configured to accommodate a variety of industrial, storage, distribution, and food-related uses. The property includes refrigerated storage areas, warehouse space, loading access, roll-up doors, office components, and ample operational flexibility for both investors and owner-users.
The asset currently generates approximately $212,832 in annual in-place rental income from occupied tenants, including a strong NNN tenant occupying the primary warehouse space. Additional upside exists through the lease-up of currently vacant space and the conversion of owner-occupied space to income-producing tenancy, bringing projected stabilized gross income to approximately $247,632 annually.
Property Highlights:
• ±13,098 SF industrial/storage facility
• Cold storage and dry warehouse capabilities
• Multi-tenant income-producing asset
• Existing NNN tenancy in place
• Multiple loading and access points
• Office and support space
• Value-add leasing opportunity
• Current NOI: Approximately $179,104
• Pro Forma NOI: Approximately $213,904
• Strategic Delaware County location with convenient access to Philadelphia, I-95, and regional transportation networks
Whether acquired as a cash-flowing investment or a future owner-user opportunity, 101 E Pine Street offers stable income, operational flexibility, and meaningful upside through lease-up and active management.
101 E Pine Street presents a rare opportunity to acquire a multi-tenant industrial property featuring cold storage, dry warehouse space, office areas, and multiple income-producing units in Delaware County's tightly held industrial market.
The approximately 13,098-square-foot facility is configured to accommodate a variety of industrial, storage, distribution, and food-related uses. The property includes refrigerated storage areas, warehouse space, loading access, roll-up doors, office components, and ample operational flexibility for both investors and owner-users.
The asset currently generates approximately $212,832 in annual in-place rental income from occupied tenants, including a strong NNN tenant occupying the primary warehouse space. Additional upside exists through the lease-up of currently vacant space and the conversion of owner-occupied space to income-producing tenancy, bringing projected stabilized gross income to approximately $247,632 annually.
Property Highlights:
• ±13,098 SF industrial/storage facility
• Cold storage and dry warehouse capabilities
• Multi-tenant income-producing asset
• Existing NNN tenancy in place
• Multiple loading and access points
• Office and support space
• Value-add leasing opportunity
• Current NOI: Approximately $179,104
• Pro Forma NOI: Approximately $213,904
• Strategic Delaware County location with convenient access to Philadelphia, I-95, and regional transportation networks
Whether acquired as a cash-flowing investment or a future owner-user opportunity, 101 E Pine Street offers stable income, operational flexibility, and meaningful upside through lease-up and active management.
Location
State PA
County Delaware
Area Colwyn Boro (10412)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Other
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District William Penn
Others
Tax ID 12-00-00406-30
Ownership Fee Simple
Special Listing Condition Standard
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