First-Floor Office
For Sale
Contact for pricing
106 OLD YORK ROAD 1ST FLOOR, Jenkintown, PA 19046
The interior is available with office cubicles or without furnishings for a tenant-selected layout.
Property Size2,500 SF
Price / SF$2.00
Days on Market8
Property Features for 106 OLD YORK ROAD 1ST FLOOR
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Commercial
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Floor
First Floor
Property Use
Office
Amenities
storage space
Building Details
Year Built
1946
Buildings
1
Construction
brick
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Craig A. Lerch Jr. · License #AB060964L
(215) 778-6805
Source:
Cummingsrealtors
Added: Oct 24
Changed: Oct 31
Last Checked: Oct 31 at 3:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This first-floor commercial unit offers approximately 2,500 square feet in a brick building. Its configuration supports office or retail use, with storage space and the option to include office cubicles or take the space without furnishings. The property was built in 1946.
Located on York Road in Jenkintown, the building is near train and bus service. Some off-street parking is available, and the setting is close to local shops and dining. The space combines a flexible interior with access to public transportation and nearby commercial amenities.
Located on York Road in Jenkintown, the building is near train and bus service. Some off-street parking is available, and the setting is close to local shops and dining. The space combines a flexible interior with access to public transportation and nearby commercial amenities.
Key Highlights
- Approximately 2,500 square feet on the first floor
- Office or retail use
- Optional office cubicles; space can also be taken unfurnished
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,177
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,540
$603.5K
Cap Rate 7%
$431,100
$431.1K
Cap Rate 9%
$335,300
$335.3K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$45.0K $18.00/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$43.1K $17.24/SF
− OpEx
−$12.9K −$5.17/SF
NOI
$30.2K $12.07/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,540
Cap Rate 7%
$431,100
Cap Rate 9%
$335,300
Alternative Uses
Best Use
Office B
$561.5K
$491.3K – $655.1K
NOI $39,304 @ 7.0% cap · market cap 786.08%
Second Best
Retail
$431.1K
$377.2K – $503.0K
NOI $30,177 @ 7.0% cap · market cap 603.54%
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,662 @ 7.0% cap · market cap 2,013.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,789
Businesses Nearby
Explore this area
Business Placement
Demographics for 19046, PA
19,669
Population
8,418
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
2,936
Density / Sq Mi
$112,959
Median Household Income
$66,042
Median Earnings
$1,433
Median Rent
$446,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The interior is available with office cubicles or without furnishings for a tenant-selected layout.
Where is this office unit located?
The property is located at 106 OLD YORK ROAD 1ST FLOOR Jenkintown, PA.
What are key features of this property?
This property features: Approximately 2,500 square feet on the first floor; Office or retail use; Optional office cubicles; space can also be taken unfurnished
