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PRICE $1,675,000 SIZE 6,200 sqft LOT SIZE 40,511 sqft Request More Info Schedule a Showing

Position your business at one of Montgomery County's most recognizable and highly traveled intersections while benefiting from immediate, built-in rental income. This exceptional mixed-use property occupies a premier corner at Park Avenue and Egypt Road in Audubon, offering outstanding visibility, convenient access, and exposure to approximately 25000+ vehicles daily. Whether you're an investor seeking a strong income-producing asset or a business owner looking to own rather than lease, this property offers exceptional flexibility. The building features approximately 6,600 square feet, including over 3,000 square feet of commercial space on the first floor with dramatic 15-foot ceilings, a nearly completed two-story renovation, an expansive open layout, renovated basement, and a private fenced rear patio ready for its next vision. Above the commercial space are four beautifully renovated residential apartments, each with separate utilities and private entrances. The unit mix includes a spacious bi-level two-bedroom, two-bath residence with rooftop deck, two one-bedroom apartments with balconies, and a studio featuring cathedral ceilings and its own rooftop deck. All apartments are currently leased, creating an immediate and dependable income stream while providing future owners with the opportunity to maximize returns from the commercial component. Village Commercial zoning supports a wide variety of permitted uses, including professional and medical offices, retail, restaurant or café, salon or spa, daycare, food service, and mixed commercial uses, subject to township approval. The property's unique configuration may also accommodate future drive-through potential with access from two major road frontages. Parking is often one of the greatest challenges for commercial properties"”but not here. With more than 40 on-site parking spaces, customers, employees, and tenants enjoy exceptional convenience rarely found in similar mixed-use properties. The location is second to none. Surrounded by established national and local businesses including CVS Pharmacy, Redner's Market, the Audubon Shopping Center, professional offices, restaurants, and neighborhood retailers, the property sits within minutes of the thriving Oaks commercial corridor with Target, Lowe's, BJ's Wholesale Club, hotels, and countless additional amenities. Immediate access to Routes 422, 202, 76, the Pennsylvania Turnpike, and I-476 places the property in the center of one of Montgomery County's busiest commercial corridors. The commercial space is currently available for lease, providing flexibility for an owner-occupant or an investor looking to increase cash flow. Combined with four fully occupied residential apartments, this property presents an outstanding opportunity to create multiple income streams while owning a signature corner location with long-term growth potential. Properties offering this combination of visibility, location, parking, rental income, redevelopment potential, and accessibility rarely become available. This is an opportunity to invest in a landmark property positioned for both immediate income and future appreciation.