This is for 201 Chester Pike only, a mixed-use building comprised of a storefront (currently occupied by a long-term tenant who would prefer to remain but may be vacated) and a house upstairs set up as two apartments (one used as an office currently and needs a kitchen to be used as a residence). Also available as a combined sale of two adjacent properties - 201 and 207 Chester Pike. 207 is a house set up as two apartments. Additionally, there are six cars worth of garages. This corner property is adjacent to Norwood Borough Hall and the Police Station. Total square footage is approximately 5000 for both properties, and total land area is 0.39 acre. Parcel numbers are 31-00-00077-00 and 31-00-00078-00.
This is actually a combined sale of two adjacent properties - 201 and 207 Chester Pike. 201 is a mixed-use building comprised of a storefront (currently occupied by a long-term tenant who would prefer to remain but may be vacated) and a house upstairs set up as two apartments (one used as an office currently and needs a kitchen to be used as a residence). 207 is a house set up as two apartments. Additionally, there are six cars worth of garages. This corner property is adjacent to Norwood Borough Hall and the Police Station. Total square footage is approximately 5000, and total land area is 0.39 acre. Parcel numbers are 31-00-00077-00 and 31-00-00078-00.
Outstanding Investment Opportunity for an Operator/Chef with and apartment over top on busy Chester Pike.
The median home value in Norwood, PA is $320,000. This is higher than the county median home value of $210,900. The national median home value is $219,700. The average price of homes sold in Norwood, PA is $320,000. Approximately 71.82% of Norwood homes are owned, compared to 18.07% rented, while 10.11% are vacant. Norwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Norwood real estate agent to arrange a tour today!
Norwood, Pennsylvania has a population of 5,896. Norwood is more family-centric than the surrounding county with 32.73% of the households containing married families with children. The county average for households married with children is 31.92%.
The median household income in Norwood, Pennsylvania is $75,928. The median household income for the surrounding county is $69,839 compared to the national median of $57,652. The median age of people living in Norwood is 39.4 years.
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 46.1 inches per year, with 22.4 inches of snow per year.