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Mixed-Use Property with Storefront

1900 Old York Road, Abington, PA 19001

For Sale
New
$520,000

The building combines ground-floor retail space with two apartments and on-site parking.

Property Size3,348 SF
Price / SF$155.32
Days on Market2

Property Features for 1900 Old York Road

General Information

Standard status Active
Size 3,348 SF
Zoning COMMERCIAL

Units

Unit Mix 1 x 2BR, 1 x 3BR
Multifamily Units 2

Additional Details

Floor Ground
Mixed-Use Components retail, residential

Taxes and HOA fees

Annual Taxes $9,156

Amenities

Natural Gas
Yes
No
Public
4100
50.00 x 0.00
0.17
Assessor
Parking Lot,Driveway
8
0.00

Building Details

Year Built 1929
Buildings 1
Listing Agency: Realty ONE Group Focus
Listed By: Orges Gode
Source: Newprecisionrealty
Added: Nov 6 Last Checked: Nov 7 at 5:05AM

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 Realty ONE Group Focus

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Investment Insights

Based on property information with market context.

At 1900 Old York Road, this mixed-use building contains a first-floor retail storefront and two apartments. The basement unit has two bedrooms, while the second-floor apartment has three. The property totals 3,348 square feet and was built in 1929.

The 0.17-acre site includes a parking lot and driveway with eight parking spaces. Located in Abington, Pennsylvania, the property is zoned commercial.

Key Highlights

  • Ground‑floor retail storefront with two residential apartments
  • Two‑bedroom basement apartment and three‑bedroom second‑floor apartment
  • 3,348‑square‑foot building, constructed in 1929

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,233
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,660 $904.7K
Cap Rate 7%
$646,186 $646.2K
Cap Rate 9%
$502,589 $502.6K
Market Conditions
NOI Build-Up for 3,348 SF
Gross rent
$87.6K $26.16/SF
− Vacancy
−$5.3K −$1.60/SF
EGI
$82.2K $24.56/SF
− OpEx
−$37.0K −$11.05/SF
NOI
$45.2K $13.51/SF
Area
Montgomery County, PA
Vacancy
6.10%
Lease Rate
$26.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,660
Cap Rate 7%
$646,186
Cap Rate 9%
$502,589

Alternative Uses

Best Use
Apartment 5plus
$646.2K
$565.4K – $753.9K (±1% cap)
NOI $45,233 @ 7.0% cap · market cap 8.70%
Second Best
Retail
$577.3K
$505.2K – $673.6K (±1% cap)
NOI $40,413 @ 7.0% cap · market cap 7.77%
Theoretical Best
Specialty Retail
$1.93M
$1.69M – $2.25M (±1% cap)
NOI $134,806 @ 7.0% cap · market cap 25.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Jaynabellas family hair ... Hair Salon MAA Management Construction Company Elegance Family Salon Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Garden Center Plumbing Service Daycare Center Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,105
Businesses Nearby
525k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 44% Shops & Services 32% Dining 15% Groceries 7%
Macy's Apparel
96,463 visits/mo 0.5 miles
Five Below Shops & Services
95,158 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
64,689 visits/mo 0.4 miles
Bloomingdale's Apparel
42,396 visits/mo 0.4 miles
Wawa Shops & Services
42,039 visits/mo 0.5 miles

Demographics for 19001, PA

17,215
Population
6,643
Households
2.6
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
5,380
Density / Sq Mi
$105,271
Median Household Income
$58,019
Median Earnings
$1,355
Median Rent
$343,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Montgomery County, PA

$185 Jul
$184 Aug
$213 Sep
$240 Oct

Properties on Market for Mixed-use properties in Montgomery County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines ground-floor retail space with two apartments and on-site parking.
Where is this mixed-use property located?
The property is located at 1900 Old York Road Abington, PA.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Ground‑floor retail storefront with two residential apartments; Two‑bedroom basement apartment and three‑bedroom second‑floor apartment; 3,348‑square‑foot building, constructed in 1929
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