Mixed-Use Building with
New
For Sale
$259,900
269 N WYCOMBE AVENUE, Lansdowne, PA 19050
Two-level property combines a street-facing commercial area with an upstairs three-bedroom apartment and rear dining and kitchen space.
Property Size2,200 SF
Days on Market5
Property Features for 269 N WYCOMBE AVENUE
General Information
Standard status
Active
Size
2,200 SF
Property subtype
MixedUse
Taxes and HOA fees
Annual Taxes
$6,302
Building Details
Building Size
2,200 SF
Year Built
1954
Listing Agency:
Keller Williams Real Estate-Blue Bell
(215) 520-6839
Listed By:
James J Romano · License #AB069112
(215) 520-6839
Source:
Patmckennarealtors
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 4 at 6:41AM
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 Real Estate-Blue Bell
Investment Insights
Based on property information with market context.
Built in 1954, this mixed-use property at 269 N Wycombe Avenue combines a commercial storefront on the first floor with residential space above. The lower level includes a dining area and kitchen positioned toward the rear of the commercial area, while the upper floor contains a three-bedroom, one-bath apartment with a living room. Any proposed use or occupancy is subject to applicable local zoning and municipal requirements.
The property is situated in Lansdowne’s business district, with pedestrian and vehicle exposure. Public transportation, major roadways, neighborhood businesses, and surrounding residential communities are identified as part of the surrounding context.
The property is situated in Lansdowne’s business district, with pedestrian and vehicle exposure. Public transportation, major roadways, neighborhood businesses, and surrounding residential communities are identified as part of the surrounding context.
Key Highlights
- First‑floor commercial storefront with dining area and rear kitchen
- Upper‑level 3‑bedroom, 1‑bath apartment with living room
- Mixed‑use building constructed in 1954
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.5k | $21.12 |
| − Vacancy | −$6.4k | −$2.89 |
| EGI | $40.1k | $18.23 |
| − OpEx | −$18.0k | −$8.20 |
| NOI | $22.1k | $10.02 |
2,200 SF · lease $21.12/SF/yr · vacancy 13.70% · expense 45.00%
Alternative Uses
Best Use
Specialty Retail
$403.9K
$353.4K – $471.2K
NOI $28,274 @ 7.0% cap · market cap 10.88%
Second Best
Apartment 5plus
$315.1K
$275.7K – $367.6K
NOI $22,054 @ 7.0% cap · market cap 8.49%
Theoretical Best
Office A
$667.0K
$583.6K – $778.2K
NOI $46,691 @ 7.0% cap · market cap 17.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,256
Businesses Nearby
103k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 41%
Dining 26%
Shops & Services 26%
Apparel 7%
Giant Food Store
Groceries
42,247 visits/mo
0.3 miles
McDonald's
Dining
18,927 visits/mo
0.3 miles
Sunoco
Shops & Services
10,169 visits/mo
0.3 miles
Giant Gasoline
Shops & Services
8,596 visits/mo
0.4 miles
Dunkin' Donuts
Dining
8,071 visits/mo
0.4 miles
Demographics for 19050, PA
29,176
Population
12,695
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
3.7 sq mi
ZIP Area
7,885
Density / Sq Mi
$62,517
Median Household Income
$44,408
Median Earnings
$1,166
Median Rent
$188,700
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Delaware County, PA
Properties on Market for Mixed-use properties in Delaware County
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines a street-facing commercial area with an upstairs three-bedroom apartment and rear dining and kitchen space.
Where is this mixed-use property located?
The property is located at 269 N WYCOMBE AVENUE Lansdowne, PA.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: First‑floor commercial storefront with dining area and rear kitchen; Upper‑level 3‑bedroom, 1‑bath apartment with living room; Mixed‑use building constructed in 1954
