Neal Cohen

Real Estate Agent
License# RS296771

501 WASHINGTON LANE, Jenkintown, PA 19046

 (Sold on )

$6,999,000

  • Open House
  • New Listing
  • Price Reduced
  • Pending
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • Sqft
  • 0Acres
  • CommercialType
  • PAMC2172536MLS#
-1 More Schedule

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.

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Property Details 501 WASHINGTON LANE, JENKINTOWN, PA 19046

Facts & Features

  • MLS #: PAMC2172536
  • Status: Pending
  • Date Listed: 04/06/2026
  • Type: Commercial
  • Sub Type: MixedUse
  • Year Built: 2025
  • Price: $6,999,000
  • Area: Jenkintown Boro (10610)
  • County: Montgomery

Amenities

  • Waterfront Type: Public

Interior

  • Heating: None
  • Cooling: Central A/C, Ductless/Mini-Split

Exterior

  • Construction: Other

Schools

  • School District: Jenkintown

Additional Information

  • Zoning: B, R2

Tax Information

  • Tax: $24,191

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