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766 Old York Rd
Jenkintown, PA 19046
Office Property For Sale


Investment Highlights
- Ample Parking 20 spaces for visitors
- Excellent signage for optimal marketing opportunities
Executive Summary
Fowler and Co Realty is pleased to present this rare, income-producing investment opportunity in Jenkintown, Pa. The professional office space is centrally located along Old York Road (Route 611), providing convenient access to the PA Turnpike, Route 1, Regional Rail and various Septa Buses. Situated on a corner lot, this 8,400 square foot building is 100% leased to six tenants. However, there is the potential for a storage tenant to occupy the sub-basement.
Each unit is accessible via a private entrance from the parking lot. Each unit includes a private heating/cooling zone. Each unit includes at least (1) private bathroom. Units range in size.
In recent years, the current owners have made significant investments throughout this 3 story beauty, including roofing repairs, sump pump and french drainage installation, various exterior door and window replacements, resealing the private parking lot and much more. In conjunction with being one of the most highest-trafficked roadways in Montgomery County, Pa, this corridor brings a strong consumer and business draw to the area. This could contribute toward the strong rental history over the years.
As a bonus feature, the front exterior includes two private advertisement opportunities. An illuminated billboard sign is fixated to the property, while the pole signage presents as a stand alone fixture near the intersection curb. Two great ways to advertise your new business with township approval.
Each unit is accessible via a private entrance from the parking lot. Each unit includes a private heating/cooling zone. Each unit includes at least (1) private bathroom. Units range in size.
In recent years, the current owners have made significant investments throughout this 3 story beauty, including roofing repairs, sump pump and french drainage installation, various exterior door and window replacements, resealing the private parking lot and much more. In conjunction with being one of the most highest-trafficked roadways in Montgomery County, Pa, this corridor brings a strong consumer and business draw to the area. This could contribute toward the strong rental history over the years.
As a bonus feature, the front exterior includes two private advertisement opportunities. An illuminated billboard sign is fixated to the property, while the pole signage presents as a stand alone fixture near the intersection curb. Two great ways to advertise your new business with township approval.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,400 SF
Building Class
C
Year Built
1957
Price
$1,350,000
Price Per SF
$160.71
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,200 SF
Building FAR
0.56
Lot Size
0.34 AC
Zoning
C - Commercial
Parking
20 Spaces (2.38 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 30-00-49276-005 | Improvements Assessment | $180,920 |
| Land Assessment | $169,080 | Total Assessment | $350,000 |
Property Taxes
Parcel Number
30-00-49276-005
Land Assessment
$169,080
Improvements Assessment
$180,920
Total Assessment
$350,000
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