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
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Marie Higgins • RIVERSIDE REALTY PARTNERS LLC
$ 6,999,000
Est. payment | /mo

Save
$ 6,999,000
Est. payment | /mo
Save

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

Bright MLS (BMLS)

Nearby Locations

Bree Kunzel

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(301) 921-6009

bree@luxepropertiesdmv.com

1588 Kimblewick Rd, Potomac, MD, 20854, USA

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

501 WASHINGTON LN