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Mixed-Use Property with Storefronts
New
For Sale
$1,000,000

242-248 W Broad St, Quakertown, PA 18951

Approved plans call for commercial space at street level with apartments on the upper floors.

Property SizeContact for details
Days on Market4

Property Features for 242-248 W Broad St

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 9

Amenities

on-site parking lot

Building Details

Year Built 1910
Buildings 2
Tenancy Multi
Listing Agency: Keller Williams Realty Group
Listed By: Vickie L Landis · License #AB065442
Source: Baltimoreharfordhomesforsale
Added: Oct 13 Changed: Oct 16 Last Checked: Oct 16 at 8:36AM

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 Keller Williams Realty Group

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Investment Insights

Based on property information with market context.

Two adjacent buildings on West Broad Street are offered with approved plans for a 13-unit mixed-use development. The proposed layout includes four commercial storefronts on the main level and nine apartments across the second and third floors.

The property has an on-site parking lot, with a public lot across the street. Route 309, Route 663, Route 313, and the Pennsylvania Turnpike provide regional road connections.

Key Highlights

  • Approved plans for a 13‑unit mixed‑use development
  • Four proposed commercial storefronts and nine apartments
  • Apartments planned across the second and third floors

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Barber Shop

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

9
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,037
Businesses Nearby

Demographics for 18951, PA

36,111
Population
14,862
Households
2.4
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
71.7 sq mi
ZIP Area
504
Density / Sq Mi
$95,084
Median Household Income
$49,570
Median Earnings
$1,341
Median Rent
$339,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Approved plans call for commercial space at street level with apartments on the upper floors.
Where is this mixed-use property located?
The property is located at 242-248 W Broad St Quakertown, PA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approved plans for a 13‑unit mixed‑use development; Four proposed commercial storefronts and nine apartments; Apartments planned across the second and third floors
More about this property
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