211 S Easton Rd - Storefront Retail/Residential FOR SALE


Glenside, PA 19038- Wyncote-Jenkintown
$1,200,000 USD
609-505-3993
211 S Easton Rd, Glenside, PA for Sale
$1,200,000 USD
Storefront Retail/Residential - FOR SALE
1/19
null | 4.85% Cap Rate

211 S Easton Rd
Glenside, PA 19038
Wyncote-Jenkintown


HIGHLIGHTS

  • Arcadia University less than 0.5 mile away
  • Prime Glenside Mixed-Use
  • High-visibility asset on the main Easton Road corridor.
  • across from Super Wawa , and next to Wells Fargo Bank, Citizens Bank ,State Farm and AllState insurance Agencies.

OVERVIEW

211 S Easton Rd is a premier mixed-use investment located in the heart of Glenside, PA. The property consists of a robust first-floor commercial production Dry cleaning plant and three residential apartments above. The Location: Glenside is a highly sought-after "commuter" suburb, perfectly positioned between Philadelphia and the northern suburbs. The property is a short walk to the Glenside SEPTA Station, making it an ideal location for young professionals and Arcadia University students. Easton Road serves as the primary commercial artery, ensuring high daily traffic counts and maximum visibility for the anchor tenant. The Tenant Profile: The ground floor is occupied by a dry cleaning plant that has been a staple of the community for over 40 years. The current operator established the business and has maintained the facility throughout its history. This longevity provides an investor with an "Anchor" tenant that is deeply woven into the local economy. This asset is priced at $1,200,000. This represents a trophy-level investment in a low-inventory market. The residential units offer immediate "mark-to-market" upside, especially given the proximity to the university. Neighborhood retail and national tenants within 0.5 Miles/walking distance. Financial Summary:

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,565 SF

ZONING

C3

APN/PARCEL ID

31-00-08662-001

ASK ABOUT THIS PROPERTY

Peter AbdallahKeller Williams PremierMore Info
609-505-3993

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Peter AbdallahKeller Williams PremierMore Info
609-505-3993

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.