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501 Washington Ln

$6,999,000

501 Washington Ln, Jenkintown, PA 19046

Active
Last Updated: 04/11/2026

21,340 sqft

Building Size

2025

Year Built

Details:
Building Size:    21,340 sqft
Year Built:    2025
Price Per Sqft:    $327.98
Zoning:    B, R2
Highlights:
  • Days on Market: 6
Description:

97% leased, newly constructed mixed-use investment in the heart of Jenkintown, offering a stabilized income stream with minimal near-term capital requirements. The property features a well-balanced mix of residential and commercial tenants, providing durable cash flow and income diversification from day one.

Situated in a highly walkable, high-visibility corridor, the asset benefits from strong local demand drivers and ongoing neighborhood revitalization. Its new construction ensures modern building systems, reduced maintenance exposure, and long-term operational efficiency.

The investment is anchored by attractive in-place income with additional upside through mark-to-market rent growth and continued strengthening of the surrounding submarket. Combined with low operating costs and a high-quality tenant base, the property offers a compelling risk-adjusted return profile.

A rare opportunity to acquire a turnkey, income-producing asset in a supply-constrained suburban Philadelphia market, well-suited for investors seeking stable yield with long-term appreciation potential.

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