501 WASHINGTON LN, Jenkintown, PA 19046
501 WASHINGTON LN, Jenkintown, PA 19046
501 WASHINGTON LN, Jenkintown, PA 19046
501 WASHINGTON LN, Jenkintown, PA 19046
501 WASHINGTON LN, Jenkintown, PA 19046
501 WASHINGTON LN, Jenkintown, PA 19046
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C$ 6,999,000
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C$ 6,999,000
Est. payment | /mo
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAMC2172536

Total Units 26

Short Sale No

Originating MLS BRIGHT

Property Description

97% leased, newly constructed mixed-use investment in the heart of Jenkintown, offering a stabilized income stream with minimal near-term capital requirements. The property features a well-balanced mix of residential and commercial tenants, providing durable cash flow and income diversification from day one.

Situated in a highly walkable, high-visibility corridor, the asset benefits from strong local demand drivers and ongoing neighborhood revitalization. Its new construction ensures modern building systems, reduced maintenance exposure, and long-term operational efficiency.

The investment is anchored by attractive in-place income with additional upside through mark-to-market rent growth and continued strengthening of the surrounding submarket. Combined with low operating costs and a high-quality tenant base, the property offers a compelling risk-adjusted return profile.

A rare opportunity to acquire a turnkey, income-producing asset in a supply-constrained suburban Philadelphia market, well-suited for investors seeking stable yield with long-term appreciation potential.

Location

State PA

County Montgomery

Area Jenkintown Boro (10610)

Zoning B, R2

Interior

Hot Water Electric

Heating None

Cooling Central A/C, Ductless/Mini-Split

Heat Source Electric

1-purchase type For Sale

Exterior

Garage Spaces 32

Waterfront N

Water Access N

Accessibility Elevator, Level Entry - Main

Parking Type Parking Lot

Total Parking Spaces 32

Building

New Construction N

Lot Dimensions 191.00 x 0.00

Sewer Public Sewer

Water Public

Schools

School District Jenkintown

Others

Tax Amount C$24,191

Tax Year 2024

Tax ID 10-00-05384-006

Ownership Other

Security Features Fire Detection System,Carbon Monoxide Detector(s),Exterior Cameras,Main Entrance Lock,Sprinkler System - Indoor,Smoke Detector

Special Sale Standard

Bright MLS (BMLS)
Listed by Marie Higgins • RIVERSIDE REALTY PARTNERS LLC
NEARBY SCHOOLS & PROPERTIES
Christian Angle

“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(586) 586-5861

stagesite-5.test@chime.me

557 SE Washington Ave, Minneapolis, MN, 55455, USA

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501 WASHINGTON LN