831-835 W Main St Lansdale, PA 19446

This mixed-use property in Lansdale Borough features a 7-unit portfolio with three street-level commercial retail spaces and four residential apartments. The property, comprised of two adjoining parcels, includes 20 off-street parking spaces. The retail spaces benefit from strong visibility on the main corridor, situated across from national brands such as Starbucks, Domino's, Walgreens, and Pizza Hut. Current commercial tenants include Modern Male Barber, The Lord's Shop, and The Moon Gazing Rabbit. The residential units consist of two 1-bedroom, 1-bathroom apartments above The Lord's Shop, one 2-bedroom, 1.5-bathroom apartment above the barber shop, and one 4-bedroom, 1-bathroom twin-style home (built in 1928) connected to The Moon Gazing Rabbit. The building at 833-835 W Main was built in 1962. The property offers income potential through closing the loss-to-lease gap and growing other income streams such as pet fees, utility reimbursement, and renting out the 1-car garage. Expense savings may be available through a possible conversion to natural gas. The buildings total approximately 8,198 square feet on a combined 0.28-acre lot with a paved rear lot. The property has approximately 74 feet of Main Street frontage with visibility to an estimated 15,000 vehicles per day. It is located within a diverse cluster of retail and services and is walkable to the Lansdale SEPTA Regional Rail station. Positioned in Lansdale's Downtown Business District and within the Downtown Business Overlay District, the property offers development opportunities. Major nearby employers include Merck, Clemens Food Group, and Jefferson Abington Lansdale Hospital. The property has convenient access to the NE Extension of the PA Turnpike, Routes 309 and 202.