Mixed-Use Building with
For Sale
$599,000
1511 Bethlehem Pike, Flourtown, PA 19031
Office suites, an automotive garage, and an upstairs apartment occupy this multi-use property with off-street parking.
Property Size5,640 SF
Price / SF$106.21
Days on Market455
Property Features for 1511 Bethlehem Pike
General Information
Standard status
Active
Size
5,640 SF
Total Parking Spaces
2
Property subtype
Commercial
Zoning
MULTI USE
Site & Location
Road Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$11,598
Amenities
off street parking
ample natural light
Natural Gas
Yes
Public
87.00 x 0.00
0.15
No
Assessor
Driveway
2
0.00
Building Details
Year Built
1950
Buildings
1
Stories
2
Listing Agency:
Elfant Wissahickon-Chestnut Hill
(215) 247-3600
Listed By:
Paul Walsh
(215) 487-3300
Source:
Thetristaterealestategroup
Added: Aug 6, 2025
Changed: Oct 31
Last Checked: Nov 3 at 3:54AM
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 Elfant Wissahickon-Chestnut Hill
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Investment Insights
Based on property information with market context.
This 5,640-square-foot mixed-use building, constructed in 1950, combines commercial and residential functionality. The ground level includes multiple office areas along with a garage configured for automotive use. A three-bedroom, one-bath apartment occupies the second floor, creating an opportunity to combine business operations with residential occupancy or rental use. The property is zoned MULTI USE and includes off-street parking.
Located at 1511 Bethlehem Pike in Flourtown, the property is within walking distance of shops, dining, and public transportation. Its configuration supports a range of office functions alongside automotive activity and an upper-level residence, while the Bethlehem Pike address provides a visible commercial setting.
Located at 1511 Bethlehem Pike in Flourtown, the property is within walking distance of shops, dining, and public transportation. Its configuration supports a range of office functions alongside automotive activity and an upper-level residence, while the Bethlehem Pike address provides a visible commercial setting.
Key Highlights
- 5,640 SF mixed‑use building at 1511 Bethlehem Pike
- Ground‑floor office areas paired with an automotive garage
- Second‑floor apartment with 3 bedrooms and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,407
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,140
$828.1K
Cap Rate 7%
$591,529
$591.5K
Cap Rate 9%
$460,078
$460.1K
Market Conditions
NOI Build-Up for 5,640 SF
Gross rent
$64.3K $11.40/SF
− Vacancy
−$5.1K −$0.91/SF
EGI
$59.2K $10.49/SF
− OpEx
−$17.7K −$3.15/SF
NOI
$41.4K $7.34/SF
Area
Montgomery County, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,140
Cap Rate 7%
$591,529
Cap Rate 9%
$460,078
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $88,670 @ 7.0% cap · market cap 14.80%
Second Best
Apartment 5plus
$1.09M
$952.5K – $1.27M
NOI $76,198 @ 7.0% cap · market cap 12.72%
Theoretical Best
Specialty Retail
$3.24M
$2.84M – $3.78M
NOI $227,093 @ 7.0% cap · market cap 37.91%
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
712
Businesses Nearby
Explore this area
Business Placement
Demographics for 19031, PA
5,326
Population
2,045
Households
2.6
Avg Household Size
51
Median Age
64%
College-Educated
96%
High-School Grad
3.1 sq mi
ZIP Area
1,718
Density / Sq Mi
$143,323
Median Household Income
$80,625
Median Earnings
$1,377
Median Rent
$519,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office suites, an automotive garage, and an upstairs apartment occupy this multi-use property with off-street parking.
Where is this mixed-use property located?
The property is located at 1511 Bethlehem Pike Flourtown, PA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 5,640 SF mixed‑use building at 1511 Bethlehem Pike; Ground‑floor office areas paired with an automotive garage; Second‑floor apartment with 3 bedrooms and 1 bath
