766 Old York Rd, Jenkintown, PA 19046

Property Description

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.