Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Mixed-Use Property Title is generated by Realmo AI

    1806 Garrett Rd, Lansdowne, PA 19050

    View on Map
    Claim this Listing
    For Sale
    $519,900

    Live, work, and invest in this prime location.

    Type:Commercial
    Lot size:
    0.13 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    192
    Last Refresh:
    May 11 at 2:07 am

    Property Features for 1806 Garrett Rd

    General Information

    Standard status
    Active
    Lot size
    0.13 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1910

    We can help!

    Listing Contact
    JASON JOHNSON

    Listing agent JASON JOHNSON

    Listing office PERFECT PLACE REAL ESTATE CO.

    Listing date Nov 25, 2025

    Source Corcoran

    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 PERFECT PLACE REAL ESTATE CO.

    HighLights

    • Versatile mixed‑use property suitable for living, working, and investing.
    • Prime location with easy access to Center City Philadelphia, Philadelphia International Airport, major hospitals, shopping, and public transportation.
    • Spacious bi‑level duplex with four bedrooms, two full bathrooms, a powder room, and two kitchens.
    • First floor suitable for in‑home business or rental, previously used as a daycare, doctor's office, etc.
    • Recent upgrades including modernized kitchen and bath, improved electrical system, newer windows, recent roof renovations, and a comprehensive home warranty.
    • Generous 5,663 sq. ft. corner lot with a garage and parking for two cars.

    Overview

    This mixed-use property is designed for a modern lifestyle, offering possibilities for income, flexibility, and comfort. The first floor is suited for an in-home business or professional office, previously hosting a daycare, doctor’s office, dental practice, and law firm. It features a dedicated mixed-use space with a new block glass front, providing a professional look with privacy and natural light. This level can be leased out for additional income potential. The second and third floors function as a bi-level duplex, complete with four large bedrooms, two full bathrooms, a powder room, and two kitchens, ideal for multi-generational living, a live/work setup, or a luxury rental option. The home features refinished hardwood and bamboo flooring, updated interiors, and sun-drenched open spaces. Recent upgrades include a modernized kitchen and bath, an improved electrical system, newer windows, recent roof renovations, and a comprehensive home warranty. The large multifunctional basement adds flexibility for storage, a home gym, or additional office or client space. Situated on a 5,663 sq. ft. corner lot, the property includes a garage and parking for two cars, along with outdoor space. Located in an accessible neighborhood, it is minutes from Center City Philadelphia, Philadelphia International Airport, major hospitals, and shopping destinations. Public transportation is nearby, and it is within walking distance of the new YMCA, Lowe’s, and the Tiger Woods Center. This property offers versatility, value, and opportunity for a professional seeking a home office, an entrepreneur ready to launch a business, an investor pursuing rental potential, or someone looking for a residential home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansdowne
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2787
    Latitude
    39.9528

    Nearby Similar for Sale

    • $645,000
      3,834 SF

      Lansdowne Triplex with Dental Practice

      Income-producing triplex with established dental practice in Lansdowne.
      8 RUNNEMEDE Avenue, LANSDOWNE, PA 19050
      View Details
    • $1,200,000
      1,085 SF

      Multifamily Development Opportunity in Lansdowne

      42-unit multifamily development opportunity in transforming Lansdowne, PA.
      12 S WYCOMBE Avenue, LANSDOWNE, PA 19050
      View Details
    • $449,900
      2,567 SF

      Lansdowne Quadruplex: Investment Opportunity

      Well-maintained quadruplex in Lansdowne, PA with strong rental history.
      43 W ALBEMARLE Avenue, LANSDOWNE, PA 19050
      View Details
    • $645,000

      Lansdowne Triplex with Dental Practice

      Income-producing triplex with established dental practice for sale.
      8 RUNNEMEDE Avenue, LANSDOWNE, PA 19050
      View Details
    • $319,000

      Turn-Key Restaurant with Liquor License

      Fully equipped restaurant in a high-traffic shopping center.
      601-17 CEDAR Avenue, LANSDOWNE, PA 19050
      View Details
    • $710,000
      7,807 SF

      Lansdowne Six-Unit Apartment Building

      Meticulously maintained six-unit apartment building near regional rail and shopping.
      29 W STRATFORD Avenue, LANSDOWNE, PA 19050
      View Details
    • $329,900
      1,560 SF

      Renovated Duplex in Lansdowne, PA

      Fully renovated duplex with modern upgrades and new systems.
      104 OAK Avenue, LANSDOWNE, PA 19050
      View Details
    • $599,000

      Profitable Take-Out Restaurant Opportunity

      Turnkey crab and seafood business for sale in Lansdowne.
      500 Church Ln, LANSDOWNE, PA 19050
      View Details
    • $375,000

      Lansdowne Duplex Near Historic Theater

      Versatile duplex in historic Lansdowne Borough, perfect for owner-occupant or investor.
      48 E STEWART AVE, LANSDOWNE, PA 19050
      View Details
    • $130,000
      400 SF

      Lansdowne Commercial Space For Sale

      400 SF commercial space in Lansdowne with income potential.
      29 Madison Ave, LANSDOWNE, PA 19050
      View Details
    • $735,000

      Lansdowne Triplex with Dental Practice

      Income-producing triplex with established dental practice on Baltimore Pike.
      8 Runnemede Ave, LANSDOWNE, PA 19050
      View Details
    • $735,000
      3,548 SF

      Lansdowne Triplex with Dental Practice

      Income-producing triplex with established dental practice in Lansdowne, PA.
      8 Runnemede Ave, Lansdowne, PA 19050
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Live, work, and invest in this prime location.
    Where is this mixed-use property located?
    The property is located at 1806 Garrett Rd Lansdowne, PA.
    What is the asking price?
    The asking price for this property is $519,900.
    What are key features of this property?
    This property features: Versatile mixed‑use property suitable for living, working, and investing.; Prime location with easy access to Center City Philadelphia, Philadelphia International Airport, major hospitals, shopping, and public transportation.; Spacious bi‑level duplex with four bedrooms, two full bathrooms, a powder room, and two kitchens.
    (215) 921-9053
    We can help!
    Listing Contact
    JASON JOHNSON
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1806 Garrett Rd, LANSDOWNE, PA 19050
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!