501 Washington Lane Jenkintown, PA $ 6,999,000
501 Washington Lane
$ 6,999,000
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501 Washington Lane

Jenkintown, PA, 19046
$ 6,999,000
Bedrooms-- Baths-- Sq 20,479

Monthly Estimate*

$ 43,094

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Commercial Property for sale in Jenkintown, PA

for $6,999,000. This 20,479 square foot building was built in 2025.

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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Commercial Active

Price

$ 6,999,000

Property Type

Commercial

Taxes

$ 24,191

Style

Apartment Building,/General Retail

Year Built

2025

Town/City

Jenkintown

County/Region

Montgomery

MLS | Web ID

PAMC2172536

Features
Interior
Heating Fuel Electric
Hot Water Electric
Total Stories 4
Central Air Y/N Y
Entry Level 1
Number of Elevators 1
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General
Sewer Public Sewer
Heating None
Cooling Central A/C Ductless/Mini-Split
Possession Immediate
Zoning B R2
Security Features Fire Detection System Carbon Monoxide Detector(s) Exterior Cameras Main Entrance Lock Sprinkler System - Indoor Smoke Detector
Construction Materials Other
Year Built 2025
Property Subtype Mixed Use
Tax Year 2024
Ownership Other
Cool Fuel Electric
Municipality JENKINTOWN BORO
Business Type Apartment Building Other/General Retail
Accessibility Elevator Level Entry - Main
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City JENKINTOWN
Number Of Units Total 26
MLS Area Jenkintown Boro (10610)
Tax Annual Amount 24191.39
Property Condition Excellent
Price Per Sq Ft Total AG 327.98
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 039
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 21340.00
Lot Dimensions 191.00 x 0.00
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 501
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* Excluded Features
List By
Riverside Realty Partners Llc

Broker

marie@riversiderealtypartners.com

Email

Affordability Calculator

$45,110
Per Month
96%
4%
0%
Monthly Principal & Interest
$43,094
Monthly Property Taxes
$2,016
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/6/2026$6,999,000 Listed Price

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501 Washington Lane, Jenkintown, PA, 19046 is a Commercial Property for sale at $6,999,000 with 20,479 sqft. 501 Washington Lane was built in 2025. The property's zip code is 19046 which is in Jenkintown, PA