501 WASHINGTON LN, Jenkintown, PA 19046
501 WASHINGTON LN, Jenkintown, PA 19046
501 WASHINGTON LN, Jenkintown, PA 19046
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Listed by Marie Higgins • RIVERSIDE REALTY PARTNERS LLC
$6,999,000
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

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

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

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


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Bright MLS (BMLS)

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Don Perrin

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655

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501 WASHINGTON LN