515 N BROAD ST new to site Save Request In-Person Tour Request Virtual Tour
Lansdale,PA 19446
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,929 sqft
Price per Sqft $181
MLS Listing ID PAMC2131060
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $4,937
Tax Year 2025
Lot Size 4,500 Sqft
Acres 0.1
Property Sub-Type Mixed Use
Property Description
Investor Opportunity: Prime Mixed-Use Property in Lansdale
Seize the chance to acquire this income-generating, mixed-use property at 515 N Broad Street, Lansdale, PA, situated in a high-traffic area for maximum visibility and potential. This well-maintained brick twin offers solid returns with minimal upkeep, making it a fantastic addition to any investment portfolio. Traffic counts uploaded to documents. The median household income for 19446 is $103,875!
The property features a fully leased, charming hair salon on the first floor, bringing in $1,300 per month. The second and third floors house a spacious 2-bedroom residential apartment, currently rented at $950 per month. Additionally, the oversized 2-car garage at the rear of the property provides extra income, rented for $250 per month for storage.
This property also boasts valuable updates, including a newer roof, an efficient newer oil boiler, and a modern water heater, ensuring long-term reliability for any new owner. Don't miss out on this well-established, professionally managed investment with immediate cash flow and future depreciation potential.
Please note no indoor photos due to tenant occupancy.
Location
State PA
County Montgomery
Area Lansdale Boro (10611)
Zoning MIXED USE
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Inclusions Any owner appliances
Heat Source Oil
Exterior
Garage Spaces 2.0
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District North Penn
Others
Tax ID 11-00-00636-001
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard