Cheltenham, PA
Commercial Real Estate Market Trends & Data

$244 Avg asking sale price
$346 Avg asking lease rate
22,807 SF Avg unit lease size
47,524 SF Avg building size for sale
5.98% Average cap rate

Cheltenham's Demographic Profile

Cheltenham has 16,594 households and a median income of $97,648, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 41,285
# Households 16,594
Median age 40
Median household income $97,648
Avg household size 2.0
Renter-occupied housing units 6,973
5-year population change +4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Cheltenham Township, PA

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Cheltenham $291 8,130 SF
Jenkintown $123 8,800 SF
Rydal $438 7,696 SF
Abington $245 6,859 SF
Glenside $153 4,901 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Cheltenham $185 19,156 SF 12.00%
Abington $272 7,537 SF 4.85%

Commercial Properties For Sale in Cheltenham

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

The Bond Building

Philadelphia, PA 19120

  • 241,237 SF Industrial Building
  • Price Upon Request
For Sale

The Nylon Lofts

Philadelphia, PA 19125

  • 15,000 SF Multifamily
  • 6.08% Cap Rate
  • $4,095,000
For Sale

The Arsenal

Philadelphia, PA

  • Price Upon Request
For Sale

1510 Bethlehem Pike And 7 Bysher Avenue

Flourtown, PA 19031

  • 4,932 SF Retail Building
  • $1,195,000
For Sale

Philadelphia Portfolio

Philadelphia, PA

  • Retail Building
  • 7.00% Cap Rate
  • $5,000,000
For Sale

455 Maryland Dr

Fort Washington, PA 19034

  • 51,158 SF Flex Building
  • $9,999,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Cheltenham pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Cheltenham $244 47,524 SF
Melrose Park $112 11,205 SF
Elkins Park $112 11,205 SF
Wyncote $262 68,350 SF
Jenkintown $85 15,450 SF

Multifamily Properties For Sale in Cheltenham

For Sale

The Nylon Lofts

Philadelphia, PA 19125

  • 15,000 SF Multifamily
  • 6.08% Cap Rate
  • $4,095,000
For Sale

Fieldview Apartments

Philadelphia, PA 19144

  • 41,430 SF Multifamily
  • $5,670,000
For Sale

2026 AMBER

Philadelphia, PA 19125

  • 6,476 SF Multifamily
  • 7.50% Cap Rate
  • $1,600,000
For Sale

809 Diamond St

Philadelphia, PA 19122

  • 9,088 SF Multifamily
  • 7.39% Cap Rate
  • $2,100,000
For Sale

2328-2344 N 2nd St

Philadelphia, PA 19133

  • 30,899 SF Multifamily
  • $11,999,999
For Sale

2243 N Broad St

Philadelphia, PA 19132

  • 10,297 SF Multifamily
  • 7.48% Cap Rate
  • $1,970,000
For Sale

THE GRACE - 34 Units - Turnkey New Build

Philadelphia, PA 19129

  • 30,000 SF Multifamily
  • 7.15% Cap Rate
  • $9,199,999
For Sale

4254-56 & 4258 Ridge ave

Philadelphia, PA 19129

  • 3,844 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Cheltenham alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Cheltenham or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Cheltenham 41,285 16,594 40 $97,648 2 6,973 4%
Melrose Park 20,956 8,770 42 $93,781 2 3,653 3%
Elkins Park 20,956 8,770 42 $93,781 2 3,653 3%
Wyncote 2,964 1,062 47 $120,108 2 370 1%
Jenkintown 5,159 2,264 42 $128,418 2 762 4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Cheltenham Township, PA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Cheltenham

View All Commercial Real Estate For Sale in Cheltenham
Is Cheltenham a good market for a first-time commercial real estate investor?

Cheltenham offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Cheltenham?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Cheltenham. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Cheltenham?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Cheltenham. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Cheltenham compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Cheltenham. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Cheltenham acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Cheltenham, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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