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Multifamily Development Opportunity in Lansdowne

12 S WYCOMBE Avenue Lansdowne, PA 19050

12 S WYCOMBE Avenue, Lansdowne, PA, 19050
$1,200,000
For Sale
$1,200,000

LAND - LANSDOWNE, PA

Property Size1,085 SF
Lot Size0.69 Acres
Price / SF$1,105
Days on Market93

Property Features for 12 S WYCOMBE Avenue

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Size
1,085 SF
Lot size
0.69 Acres

Taxes and HOA fees

Tax Annual Amount
21130
Listing agency Mallin Panchelli Nadel Realty Inc
Listed by Samantha Lee Miller · License #RS352351
Added: Apr 21 Updated: Jun 9 at 11:52AM Checked: Jul 22 at 2:06PM
MLS# PADE2113258

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is an exclusive opportunity to purchase 12 S. Wycombe Avenue, a site approved for the development of a 42-unit multifamily property in Lansdowne, PA. Zoning approval has been secured for 41 apartments and 1,085 square feet of commercial space, along with 11 on-site parking spaces. The apartment mix includes 32 one-bedroom, one-bath units, 4 two-bedroom, one-bath units, and 5 two-bedroom, two-bath units. The site consists of three parcels located at 2 S Wycombe Ave, 10 S Wycombe Ave and 12 S Wycombe Ave, totaling 30,170 square feet. The property is located on the corner of S. Wycombe Ave and Baltimore Ave, in Lansdowne's main commercial corridor. This site presents a development opportunity in Lansdowne, a transforming neighborhood that includes the restoration of Lansdowne Theatre and a recently passed bill allowing alcohol sales. The property is located within a Qualified Opportunity Zone (QOZ), offering potential tax incentives and strategic benefits for investors and developers.

Key Highlights

  • 42‑unit multifamily development opportunity at 12 S. Wycombe Ave in Lansdowne, PA
  • Zoning approval includes 41 apartments plus 1,085 SF of commercial space
  • Approved apartment mix: (32) 1BR/1BA, (4) 2BR/1BA, and (5) 2BR/2BA

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Dental Office Law Firm Spa & Massage Center Skin Care Clinic Storage Facility (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Parking Lot & Garage Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 42-unit multifamily development opportunity in transforming Lansdowne, PA.
Where is this apartment building located?
The property is located at 12 S WYCOMBE Avenue Lansdowne, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 42‑unit multifamily development opportunity at 12 S. Wycombe Ave in Lansdowne, PA; Zoning approval includes 41 apartments plus 1,085 SF of commercial space; Approved apartment mix: (32) 1BR/1BA, (4) 2BR/1BA, and (5) 2BR/2BA
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