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PRICE $1,200,000 dsIDX morgage calculator
SIZE 8,800 sqft
LOT SIZE n/a

Presenting the exclusive sale of 433 Old York Road (a.k.a. 431-33 Old York Road & 424 Johnson Street) - a mixed-use investment opportunity in the heart of Jenkintown's active commercial corridor. The property consists of seven total units, fully occupied, including four apartments, two ground-floor storefronts, and one office suite, along with three-car on-site surface parking. Jenkintown's central business district is anchored along Old York Road (Rt. 611), serving as the borough's primary commercial spine. Current ownership has completed significant capital improvements and select cosmetic upgrades, addressing major deferred maintenance and enhancing overall asset quality. However, rents have not been fully optimized, leaving much of the near-term upside for a new owner. Additionally, the rear portion of the building on Johnson Street is only one story in height, while zoning permits up to 50 feet (subject to zoning review), which may offer additional value-add potential to develop and add square footage (buyer to conduct due diligence on zoning and development standards). Positioned along a high-visibility stretch of Old York Road with strong vehicle traffic and just minutes from the Jenkintown SEPTA Regional Rail station, the property benefits from both suburban accessibility and consistent tenant demand.

DAYS ON MARKET 0 LAST UPDATED 5/13/2026
YEAR BUILT 1950 COMMUNITY Jenkintown Boro (10610)
COUNTY MONTGOMERY STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District JENKINTOWN


ADDITIONAL DETAILS
AIR Other
AIR CONDITIONING Yes
AREA Jenkintown Boro (10610)
CONSTRUCTION Other
HEAT Other
LOT DIMENSIONS 32 x 180
PARKING Other
SEWER Other
TAXES 22664
WATER Other
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Mallin Panchelli Nadel Realty Inc

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