215 W Main St - Storefront FOR SALE


Lansdale, PA 19446
$880,000 USD
215-778-6594
215 W Main St, Lansdale, PA for Sale
$880,000 USD
Storefront - FOR SALE
1/28
null | Request Cap Rate

215 W Main St
Lansdale, PA 19446


HIGHLIGHTS

  • Adjacent to Lansdale Train Station
  • Heart of Lansdale Boro
  • High walk ability score

OVERVIEW

Please Do Not enter or inquire without an appointment. This property presents a unique redevelopment opportunity within the city's "Business District" and "Downtown Core Overlay District." The zoning allows for a maximum building height of 65 feet, with the potential to qualify for a height bonus as outlined in Table 34-3 in section 405-3406. Here is the link: https://ecode360.com/45614670#45614670 Currently a cosmetology school, the space is zoned for conditional uses: colleges and universities, public and private; philanthropic and charitable institutions, civic nonprofit organizations, and social and fraternal organizations; religious institutions, including churches, chapels, mosques, temples and synagogues; vocational schools. The site is ideally suited for a mixed-use development, with the potential for ground-floor commercial and multi-family residential units on the upper floors. One idea could be a restaurant on the first floor with a speakeasy/small performance venue on the second floor and apartments above. There is a freight type elevator and fire exit stair tower already part of the structure. The proximity to the train station makes this an attractive location for commuters and a prime candidate for high-density residential development. While parking requirements will be a key consideration, developers can explore solutions detailed in section 405-3405 of the zoning code. https://ecode360.com/13762314#45614660 This is an exceptional opportunity for developers and builders to capitalize on the increasing demand for transit-oriented development in a dynamic, downtown location.

FOR SALE DETAILS

PRICE

$880,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

B

APN/PARCEL ID

11-00-09496-006

ASK ABOUT THIS PROPERTY

Kurt MarhefkaBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
215-778-6594

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Kurt MarhefkaBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
215-778-6594

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