51 Towamencin AveLansdale, PA 19446

Property Details for 51 Towamencin Ave

Year built

1925

Lot size

0.22 AC

Property size (Sq ft)

5,451 SF

Zone code

B

Property type

Investment properties

Property subtype

Live-work space

APN

11-00-17244-00-7

APU

110017244007

Description

This exceptional 5,500 square foot industrial flex building in Lansdale, Pennsylvania, offers a unique investment opportunity. Situated at 51 N Towamencin Ave, 19446, this property boasts two distinct units. Unit 1, a 1,300 square foot ground-level office space, is currently leased. Unit 2 comprises 4,300 square feet of versatile space, including a 2,900 square foot warehouse and a 1,400 square foot second-floor executive office area. The warehouse features a rear-covered loading dock with levelers and two half-ton cranes, ideal for distribution. Built in 1925 and renovated in 1998, this two-story building sits on a single lot and is zoned B/POSR. The high 10-foot ceilings add to its functionality. This centrally located property offers immediate income from the existing tenant and high visibility, making it suitable for various business applications. Its proximity to Routes 63, 363, 202, 73, and the PA Northeast Extension Interstate (I-46) provides excellent accessibility. Forklift and racking are available. The property is available immediately and is within walking distance of borough shopping, restaurants, and the train station. This combination of immediate income, versatile space, and prime location presents a compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,354,113

  6.5%

  $1,249,950

  7%

  $1,160,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $717,015

  Geo Method

  $712,228

• Alternative Use

  Use

  Valuation

  Residential

  $1,549,938

  Hospitality

  $1,419,735

  Educational

  $1,181,203

  Medical

  $1,221,826

  Retail

  $1,837,427

Location Insight

City

Lansdale

County

Montgomery

State

Pennsylvania

Latitude

40.2455

Longitude

-75.2889

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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