650 E Broad St 2,370 SF Retail Building Souderton, PA 18964 $559,000 ($235.86/SF)

650 E. Broad Street presents a rare opportunity to acquire a 0.72-acre, partially entitled mixed-use redevelopment site positioned within one of Montgomery County’s most actively revitalizing borough corridors. The Property is strategically located along Route 113 (Broad Street) in Souderton, with immediate proximity to Route 309, providing strong regional accessibility and corridor visibility.
The site benefits from Zoning Hearing Board approval permitting approximately 2,500 square feet of commercial space and ten (10) residential apartment units. Multiple dimensional variances have been granted, including relief for parking setbacks and a zero-foot alley setback. In addition, Conditional Land Development approval has been issued, significantly reducing entitlement risk and shortening a developer’s path to construction. Remaining items are primarily administrative and technical in nature, including PennDOT coordination and alley improvement considerations.
The Property is directly across from Town Gate Commons, a $40 million, 20-acre walkable mixed-use village development featuring approximately 140 residential townhomes, retail, dining, and public gathering space. This adjacency positions the site to directly benefit from continued residential growth, retail traffic generation, and corridor reinvestment along Broad Street.
With substantial approvals already secured, 650 E. Broad Street offers a de-risked development opportunity in a high-visibility location supported by strong residential demand drivers, established commercial activity, and walkability to downtown Souderton. A purchaser can move efficiently into final engineering, permitting, and vertical construction while capitalizing on ongoing public and private investment within the corridor.
• Smaller-scale mixed-use project suited for regional builder profile
• Partially Entitled Site – Major Zoning Risk Mitigated
• Strategic Infill Location Along Route 113
• Immediate Proximity to $40M Adjacent Development
• Flexibility to scale unit count or phase development
• High visibility Broad Street frontage location with strong traffic counts
• Opportunity to create a signature gateway project
• Few remaining infill mixed-use opportunities of this scale and entitlement status remain along
Route 113 corridor.