New Retail
For Sale
Contact for pricing
48-50 E BALTIMORE AVENUE, Lansdowne, PA 19050
Vanilla shell delivery with updated building systems and BAM zoning.
Property Size7,000 SF
Price / SF$0.33
Days on Market58
Property Features for 48-50 E BALTIMORE AVENUE
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Nadia T Bilynsky · License #RS311101
(215) 413-4900
Source:
Cummingsrealtors
Added: Aug 20
Changed: Oct 15
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 Mallin Panchelli Nadel Realty Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,112-square-foot retail storefront is part of a fully renovated mixed-use building originally constructed in 1930. The space is delivered in vanilla shell condition, allowing the next occupant to complete the interior for its intended retail configuration. Building improvements include new HVAC, lighting, electrical, plumbing, and restroom components.
Located at 48-50 E Baltimore Avenue in Lansdowne, Pennsylvania, the property is governed by Baltimore Ave Mixed-Use District (BAM) zoning. The offering combines a new storefront presence with recently upgraded building infrastructure in a mixed-use setting.
Located at 48-50 E Baltimore Avenue in Lansdowne, Pennsylvania, the property is governed by Baltimore Ave Mixed-Use District (BAM) zoning. The offering combines a new storefront presence with recently upgraded building infrastructure in a mixed-use setting.
Key Highlights
- 1,112 SF brand‑new retail storefront
- Vanilla shell delivery for tenant customization
- Fully renovated mixed‑use building originally built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,723
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,374,460
$1.4M
Cap Rate 7%
$981,757
$981.8K
Cap Rate 9%
$763,589
$763.6K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$105.0K $15.00/SF
− Vacancy
−$6.8K −$0.98/SF
EGI
$98.2K $14.03/SF
− OpEx
−$29.5K −$4.21/SF
NOI
$68.7K $9.82/SF
Area
Delaware County, PA
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,374,460
Cap Rate 7%
$981,757
Cap Rate 9%
$763,589
Alternative Uses
Best Use
Mixed Use
$990.0K
$866.3K – $1.16M
NOI $69,300 @ 7.0% cap · market cap 2,990.94%
Second Best
Retail
$981.8K
$859.0K – $1.15M
NOI $68,723 @ 7.0% cap · market cap 2,966.03%
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,563 @ 7.0% cap · market cap 6,411.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
112k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Shops & Services 30%
Dining 24%
Apparel 6%
Giant Food Store
Groceries
42,247 visits/mo
0.2 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
0.2 miles
Dunkin' Donuts
Dining
8,071 visits/mo
0.5 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Oshun Flowers Shop — 708 1/2 Church Ln, 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
- PAPERTINI Production Studio — 114 E Baltimore Ave, Lansdowne, PA 19050
Frequently Asked Questions
What type of property is this?
Storefront property - Vanilla shell delivery with updated building systems and BAM zoning.
Where is this storefront property located?
The property is located at 48-50 E BALTIMORE AVENUE Lansdowne, PA.
What are key features of this property?
This property features: 1,112 SF brand‑new retail storefront; Vanilla shell delivery for tenant customization; Fully renovated mixed‑use building originally built in 1930
