Storefront Property with Open
For Sale
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43 S EASTON ROAD, Glenside, PA 19038
Corner commercial space offering flexible office or retail configuration and two bathrooms.
Property Size2,200 SF
Price / SF$1.36
Days on Market50
Property Features for 43 S EASTON ROAD
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Commercial
Site & Location
Corner Location
Yes
Public Transit
Yes
Building Details
Year Built
1925
Listing Agency:
Howard Hanna Real Estate Services
(215) 643-2500
Listed By:
Haralabos Kiziroglou · License #RS337549
(267) 353-4123
Source:
Cummingsrealtors
Added: Sep 4
Changed: Oct 21
Last Checked: Oct 23 at 8:22AM
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 Howard Hanna Real Estate Services
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Investment Insights
Based on property information with market context.
This storefront property provides approximately 2,200 sq ft of open interior space with two bathrooms. The layout is suited to office or retail occupancy and can accommodate a range of open-plan commercial formats, including studio-oriented uses identified for the space. Constructed in 1925, the property offers an existing storefront setting within an established commercial corridor.
The building occupies the corner of Easton Rd and Glenside Ave, directly across from the SEPTA regional train station. The surrounding commercial district includes the Keswick Theater, The Highland Pub & Kitchen, HR Block, Palermo's Cafe, The Village Diner, Keswick Cycle Shop, and Dunkin Donuts.
The building occupies the corner of Easton Rd and Glenside Ave, directly across from the SEPTA regional train station. The surrounding commercial district includes the Keswick Theater, The Highland Pub & Kitchen, HR Block, Palermo's Cafe, The Village Diner, Keswick Cycle Shop, and Dunkin Donuts.
Key Highlights
- Approximately 2,200 sq ft of open commercial space
- Two bathrooms included
- Corner position at Easton Rd and Glenside Ave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,556
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,120
$531.1K
Cap Rate 7%
$379,371
$379.4K
Cap Rate 9%
$295,067
$295.1K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$39.6K $18.00/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$37.9K $17.24/SF
− OpEx
−$11.4K −$5.17/SF
NOI
$26.6K $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%
$531,120
Cap Rate 7%
$379,371
Cap Rate 9%
$295,067
Alternative Uses
Best Use
Office B
$494.1K
$432.4K – $576.5K
NOI $34,588 @ 7.0% cap · market cap 1,152.93%
Second Best
Retail
$379.4K
$332.0K – $442.6K
NOI $26,556 @ 7.0% cap · market cap 885.20%
Theoretical Best
Specialty Retail
$1.27M
$1.11M – $1.48M
NOI $88,582 @ 7.0% cap · market cap 2,952.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
972
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 19038, PA
32,490
Population
11,889
Households
2.7
Avg Household Size
40
Median Age
56%
College-Educated
96%
High-School Grad
8.2 sq mi
ZIP Area
3,962
Density / Sq Mi
$113,464
Median Household Income
$56,934
Median Earnings
$1,407
Median Rent
$387,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Penny's Flowers — 263 n keswick ave, glenside, pa 19038
Frequently Asked Questions
What type of property is this?
Storefront property - Corner commercial space offering flexible office or retail configuration and two bathrooms.
Where is this storefront property located?
The property is located at 43 S EASTON ROAD Glenside, PA.
What are key features of this property?
This property features: Approximately 2,200 sq ft of open commercial space; Two bathrooms included; Corner position at Easton Rd and Glenside Ave
