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About the Listing PPM&RLLC - 3311168
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.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Commercial Sale
MLS ®
PADE2118138
Year Built
1950
Total Square Footage
13,098
Lot/Acreage
587.00 x 240.00
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 587.00 x 240.00
- Zoning: COMMERCIAL
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $17,828
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
151 Pine St Darby, PA 19023
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