501 WASHINGTON LN Jenkintown, PA 19046
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PAMC2172536
Year Built 2025
Annual Tax Amount $24,191
Tax Year 2024
Lot Dimensions 191.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
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
Exterior
Garage Spaces 32.0
Water Access N
Accessibility Elevator, Level Entry - Main
Total Parking Spaces 32
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Jenkintown
Others
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 Listing Condition Standard
