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Three-Story Mixed-Use Property

1919 W Point Pike, Lansdale, PA 19446

For Sale
New
$695,000

Ground-floor commercial space pairs with upper-level areas that can support residential use under the stated zoning provisions.

Property Size4,648 SF
Price / SF$149.53
Days on Market3

Property Features for 1919 W Point Pike

General Information

Standard status Active
Size 4,648 SF
Total Parking Spaces 10
Zoning VC

Property Condition

Severity Repairs Needed
Evidence Knob and tube wiring on the 3rd floor requires remediation before occupancy.

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Mixed-Use Components commercial, residential
Property Use Office

Taxes and HOA fees

Annual Taxes $5,887

Amenities

Carpet,Wood
Electric
1
Yes
Natural Gas
3
No
4
Public
1160
0.20
Assessor
Negotiable
Parking Lot,On Street
Paved Parking,Private
10
4648.00
0.00
Boro/Township
49

Building Details

Building Size 4,648 SF
Year Built 1896
Buildings 1
Stories 3
Construction Victorian
Listing Agency: KW Commercial
Listed By: Raymond Lind · License PA RS330352
Source: Mullenrealty
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 11 at 2:42PM

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 KW Commercial

Rey
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Investment Insights

Based on property information with market context.

This freestanding, three-story Victorian mixed-use property contains 4,648 SF and is scheduled for delivery vacant at settlement on September 30, 2026. The first floor is ADA accessible and has three bathrooms. The second floor is currently configured as office space and may be converted to a two-bedroom, one-bathroom residence with a den, or a three-bedroom, one-bathroom residence. Residential use is permitted by right under Upper Gwynedd Township VC Zoning Sec. 195-18B(12). The vacant third floor has bathroom plumbing roughed in and may extend the second-floor dwelling; a separate second residential unit would require a zoning variance. Third-floor knob-and-tube wiring requires remediation before occupancy.

The property is in Upper Gwynedd Township’s Village Commercial corridor and has 10 private off-street parking spaces. The business is expected to vacate July 31, 2026, with settlement and occupancy no earlier than September 30, 2026. FF&E may be purchased separately before auction.

Key Highlights

  • 4,648 SF freestanding Victorian with three stories
  • 10 private off‑street parking spaces
  • First floor is ADA accessible and includes three bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,105
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,100 $1.1M
Cap Rate 7%
$801,500 $801.5K
Cap Rate 9%
$623,389 $623.4K
Market Conditions
NOI Build-Up for 4,648 SF
Gross rent
$83.7K $18.00/SF
− Vacancy
−$3.5K −$0.76/SF
EGI
$80.2K $17.24/SF
− OpEx
−$24.0K −$5.17/SF
NOI
$56.1K $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%
$1,122,100
Cap Rate 7%
$801,500
Cap Rate 9%
$623,389

Alternative Uses

Best Use
Retail
$801.5K
$701.3K – $935.1K (±1% cap)
NOI $56,105 @ 7.0% cap · market cap 8.07%
Second Best
Mixed Use
$687.2K
$601.3K – $801.8K (±1% cap)
NOI $48,107 @ 7.0% cap · market cap 6.92%
Theoretical Best
Specialty Retail
$2.67M
$2.34M – $3.12M (±1% cap)
NOI $187,151 @ 7.0% cap · market cap 26.93%
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

Retail space

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Auto Parts Store Hair Salon Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby

Demographics for 19446, PA

58,930
Population
24,983
Households
2.4
Avg Household Size
44
Median Age
51%
College-Educated
93%
High-School Grad
22.6 sq mi
ZIP Area
2,608
Density / Sq Mi
$103,875
Median Household Income
$60,396
Median Earnings
$1,738
Median Rent
$415,400
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 - Ground-floor commercial space pairs with upper-level areas that can support residential use under the stated zoning provisions.
Where is this mixed-use property located?
The property is located at 1919 W Point Pike Lansdale, PA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 4,648 SF freestanding Victorian with three stories; 10 private off‑street parking spaces; First floor is ADA accessible and includes three bathrooms
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