
1,280 Sqft Lot
1,280 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADE2110376
Year Built 1928
Annual Tax Amount $7,536
Tax Year 2025
Lot Size 1,280 Sqft
Acres 0.03
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
With significant improvements made by the current owner since 2021, this property is a truly turnkey investment.
Investment Highlights:
Fully Occupied & Cash Flowing: Both units are currently tenant-occupied, providing immediate return on investment from day one.
Diversified Income Streams: Features one street-level commercial/retail unit and one upper-level residential apartment, insulating your investment across two rental markets.
Recent Capital Improvements: The property has been thoughtfully updated by the current owner since 2021, offering peace of mind and minimizing deferred maintenance for the next owner.
Excellent Visibility & Foot Traffic: Situated on a busy thoroughfare, the commercial unit benefits from excellent daily traffic counts, a large bay display window, and prime signage space.
Charming Architectural Details: Classic brick exterior, an inviting arched entryway, and a distinct facade give the building great curb appeal and character.
Property Breakdown:
Unit 1 (Commercial/Retail): Currently operating as a cafe/donut shop. Features a bright, expansive storefront window, an inviting separate entrance, and a versatile floor plan perfect for retail, food service, or professional office use.
Unit 2 (Residential): A private, second-floor apartment offering comfortable living space, great natural light from the large front windows, and its own dedicated entrance.
Whether you are a seasoned investor looking to expand your footprint in Delaware County or a first-time buyer seeking a reliable income property, 402 Long Lane delivers.
Location
State PA
County Delaware
Area Upper Darby Twp (10416)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Upper Darby
Others
Tax ID 16-04-01182-00
Ownership Fee Simple
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard

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