29 Madison Ave, Lansdowne, PA 19050
Small one-story building with flexible layout for owner-users and tenants, previously rented for $850/month.
- Added:
- Jun 28, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 4 at 2:18 am
Property Features for 29 Madison Ave
General Information
- Standard status
- Active
- Size
- 400 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing office LPT REALTY, LLC (877) 366-2213
Listing date Jun 28, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of LPT REALTY, LLC
HighLights
- 400 SF one‑story commercial building in Lansdowne with flexible layout for owner‑users or tenants
- Previously rented for $850/month, offering income history for investors
- One‑story structure has no basement, supporting an efficient, easy‑to‑manage layout
- Year built: 1950
- Versatile floor plan can accommodate uses such as hair salon, spa, professional office, or retail
Overview
Located at 29 Madison Ave in Lansdowne, the building is positioned for practical day-to-day access for customers and employees. The setting is described as convenient to neighboring communities, supporting straightforward arrival and visibility for local foot traffic and walk-in business activity.
For owner-users, the property’s size and layout can align with companies seeking an affordable, single-level commercial space without basement requirements. For investors, the asset’s documented prior rent provides a reference point for underwriting a small commercial holding. Tenants and operators who need a flexible interior plan for a neighborhood service, office, or specialty retail use should find the configuration workable for day-to-day operations. For a showing, contact the listing team.
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 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- PAPERTINI Production Studio — 114 E Baltimore Ave, Lansdowne, PA 19050
- Simply Flora's Florist — 14 N Lansdowne Ave, Lansdowne, PA 19050
- Hana Willow Design - Bouquet Preservation — 114 E Baltimore Ave, Lansdowne, PA 19050
- Bonnie's Wonder Gardens — 233 Scottdale Rd, Lansdowne, PA 19050
Location Insight
- Map
- Local Demand
- City
- Lansdowne
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.27102
- Latitude
- 39.938007
