1020 Lincon Ave

For Sale

1020 Lincoln Avenue, Prospect Park, PA 19076

This Prospect Park property for sale is located at 1020 Lincoln Avenue. The current listed sale price for 1020 Lincon Ave is $819,000. 1020 Lincon Ave is situated on a lot that is 0.21 acre in size.

Contacts

broker

CRAIG E. FERNSLER, CCIM

KW Commercial

(215) 816-5835

Property Details

  • Property Type Retail - Freestanding
  • Property Size 5,642 SF
  • Units 2
  • Lot Size 0.21 Acre
  • Date Updated Apr 16, 2024
Bakery and 2 apartmentsLongtime established and thriving turn-key bakery in Delaware County. This sale and business will provide for a Long Term (10 year) NN lease with 3% annual increases plus 2 apartments. Gross initial income from the building will be $96,000. This family owned and operated business has been operating with over 50 years of experience! This bakery is conveniently located in a (+/-) 5600 SF free, standing building on the heavily traveled Route 420 which is the main street for Prospect park with 12,000 +/- ADT and 24,000 ADT on Chester Pike. The Building is in excellent condition and operates the bakery in the entire first floor and part of the 2nd floor. The 2 fully furnished apartments have 2 long term tenants and are well kept. Excellent demographics – 128,640 people within 3 mile radius and an average household income of $81,090. This property is just off route 95 and route 476 and has easy access to the entire Delaware Valley. Most of the tenants that have occupied the apartments are airline pilots and employees since it is also within minutes of the Philadelphia Airport. The long-time bakery business is being sold either together with the real estate or separate for $595,000. The bakery business currently grosses $22,000/ wk. Could be a good investment with a brand new long term lease commencing at settlement.

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Getting around

  • 66/100

    Walk Score ®

  • 49/100

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Location

  • City Prospect Park, PA
  • Neighborhood Prospect Park
  • Zip Code 19076
  • Market Philadelphia

Points of Interest

  • Prospect Park

    0.11 miles

  • Norwood

    0.51 miles

  • Ridley Park

    0.79 miles

  • Glenolden

    1.24 miles

  • Crum Lynne

    1.53 miles

  • Morton

    1.80 miles

  • Folcroft

    1.86 miles

  • Secane

    2.03 miles

  • Sharon Hill

    2.17 miles

  • MacDade Boulevard

    2.24 miles

  • BP

    0.35 miles

  • Wawa

    0.69 miles

  • Royal Farms

    1.31 miles

  • Sunoco

    1.41 miles

  • Valero

    1.49 miles

  • BP

    1.52 miles

  • Wawa

    1.88 miles

  • Conoco

    1.91 miles

  • Exxon

    1.94 miles

  • Wawa

    2.32 miles

  • John Heinz Refuge Parking

    0.96 miles

  • Swarthmore Farmers Market

    2.36 miles

  • Sharon HilL Library Parking

    2.40 miles

  • Ampro Employee Parking

    2.41 miles

  • Swarthmore Commuter Parking

    2.44 miles

  • Mary Lyons' Lot

    2.44 miles

  • Expresspark

    2.46 miles

  • Ampro Parking

    2.50 miles

  • C Lot

    2.50 miles

  • WallyPark Airport Parking

    2.59 miles

  • New London Pizza

    0.02 miles

  • McDonald's

    0.35 miles

  • Los Machetes

    0.36 miles

  • Primo Hoagies

    0.37 miles

  • Domino's

    0.51 miles

  • Nifty Fifty's

    0.71 miles

  • Anna's Sandwich Shop

    0.74 miles

  • Pat's

    0.74 miles

  • Dunkin'

    0.75 miles

  • Barnaby's

    0.77 miles

  • Lidl

    0.89 miles

  • MacDade Shopping Center

    0.90 miles

  • Walmart

    1.71 miles

  • Aldi

    2.07 miles

  • ShopRite

    2.20 miles

  • Walmart

    2.30 miles

  • Swarthmore Co-op

    2.36 miles

  • Target

    2.38 miles

  • Kohl's

    2.41 miles

  • Grocery Outlet

    2.43 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

CRAIG E. FERNSLER, CCIM

KW Commercial

(215) 816-5835