Lansdowne Commercial Space For
29 Madison Ave, Lansdowne, PA 19050
400 SF commercial space in Lansdowne with income potential.
Type:Commercial
Property size:
400 SFPrice / SF:
$325/SF- Added:
- Mar 30, 2026
- Days on Market:
- 65
- Last Refresh:
- Mar 30 at 8:19 pm
Property Features for 29 Madison Ave
General Information
- Standard status
- Active
- Size
- 400 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agent MARIA MARIA QUATTRONE QUATTRONE License #RS281573
Listing office LPT REALTY, LLC (877) 366-2213
Listing date Mar 30, 2026
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 LPT REALTY, LLC
HighLights
- Potential for steady income with prior rental history of $850 per month.
- Affordable 400 sq ft commercial space suitable for owner‑users or investors.
- Flexible layout adaptable to various business uses (hair salon, spa, office, retail).
- Accessible location in Lansdowne with convenient access to surrounding neighborhoods.
- Manageable size and efficient one‑story layout (no basement).
- Located in a growing community.
Overview
This 400 square foot one-story commercial space in Lansdowne offers a flexible layout and accessible location. Previously rented at $850 per month, it presents income potential for investors or owner-users seeking an affordable business space. The property is suitable for a variety of business uses, such as a hair salon, spa, professional office, or retail space. Its manageable size and flexible configuration make it well-suited for other small business uses as well. Located in Lansdowne with convenient access to surrounding neighborhoods, this property offers potential for local visibility and accessibility. This property provides value and versatility for those looking to add a small commercial asset to their portfolio or establish their own business location.
Local Financial Insights For Office B
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 | $10.6k | $26.40 |
| − Vacancy | −$1.8k | −$4.54 |
| EGI | $8.7k | $21.86 |
| − OpEx | −$2.2k | −$5.46 |
| NOI | $6.6k | $16.39 |
400 SF · lease $26.40/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$93.7K
$82.0K – $109.3K
NOI $6,558 @ 7.0% cap · market cap 5.04%
Second Best
Retail
$56.1K
$49.1K – $65.5K
NOI $3,927 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$121.3K
$106.1K – $141.5K
NOI $8,489 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Lansdowne
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.27102
- Latitude
- 39.938007
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - 400 SF commercial space in Lansdowne with income potential.
Where is this retail space located?
The property is located at 29 Madison Ave Lansdowne, PA.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Potential for steady income with prior rental history of $850 per month.; Affordable 400 sq ft commercial space suitable for owner‑users or investors.; Flexible layout adaptable to various business uses (hair salon, spa, office, retail).
