309 Lynwood AveJenkintown, PA 19046

Property Details for 309 Lynwood Ave

Year built

1972

Lot size

0.20 AC

Property size (Sq ft)

4,860 SF

Zone code

SUR

Property type

Retail properties

Property subtype

Other retail properties

APN

18-00-01738-00-8

APU

180001738008

Description

This exceptional commercial property, situated at 309 Lynwood Avenue in Jenkintown, Pennsylvania, presents a unique investment opportunity. The building boasts a substantial 1500 square feet of space, constructed of durable concrete block, measuring 30 feet by 50 feet. The interior features a finished office area and a convenient powder room, catering to a variety of business needs. Two 10ft x 10ft overhead doors, complemented by a separate man door, provide ample access for loading and unloading, while the impressive 11+ foot clearance to the bottom of the steel beam allows for comfortable maneuvering of larger equipment or storage. The property sits on a 0.2-acre lot, offering potential for expansion or outdoor use. Its strategic location offers unparalleled convenience, with easy access to both suburban and city areas. Commuters will appreciate the proximity to the commuter train providing direct access to the city center, and readily available bus service further enhances accessibility. The property is also within walking distance of the Huntingdon Valley Shopping Center, the scenic Pennypack Trail, and a variety of restaurants and shops, providing employees and clients with a wealth of amenities. This versatile property is perfectly suited for a range of commercial uses and represents a compelling investment in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,181,150

  6.5%

  $1,090,292

  7%

  $1,012,414

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,600,219

  Geo Method

  $1,600,219

• Alternative Use

  Use

  Valuation

  Residential

  $919,702

  Hospitality

  $842,442

  Educational

  $700,902

  Medical

  $725,007

  Retail

  $1,090,292

Location Insight

City

Jenkintown

County

Montgomery

State

Pennsylvania

Latitude

40.0803

Longitude

-75.09

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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