MLS#PAMC2172536
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLJENKINTOWN
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.
Property Features
Property Type: Commercial -
Cooling: Central A/C, Ductless/Mini-Split
Fuel Type: Electric
Heating: None
Taxes: $24,191
Year Built: 2025
Feature Descriptions
Accessibility: Elevator, Level Entry - Main
Days on Site: 2
Municipality: JENKINTOWN BORO
Sewer: Public Sewer
Total Garage/Parking Spaces: 32
Units: 26
Water: Public
Local Schools
School District: JENKINTOWN
Listed By / Shown By
Listed By
Agency Name: RIVERSIDE REALTY PARTNERS LLC
Agency Phone: 6092000115
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
501 Washington Lane | MLS# PAMC2172536
This commercial property located at 501 Washington Lane, Jenkintown, PA 19046 is currently listed for sale with an asking price of $6,999,000. Washington Lane is located within the JENKINTOWN school district. Search Jenkintown real estate on www.realtymark.net today.