Mixed-Use Commercial Income
519 Bethlehem Pike Glenside, PA 19038
519 Bethlehem Pike, Glenside, PA, 19038
$275,000
Pending
For Sale
$275,000
Pending
Two updated apartments are above an unfinished warehouse space, with a separate side entrance and first-floor plumbing for a future bath.
Property Size2,240 SF
Days on Market25
Property Features for 519 Bethlehem Pike
General Information
- Standard status
- Pending
- Size
- 2,240 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1850
Listing agency
BHHS Fox & Roach-Jenkintown
(267) 566-9096
Listed by
Patricia A Bezek · License #AB047921L
(267) 566-9096
Source
Compass
Added: Jun 28 Updated: Jul 21 at 5:29PM Checked: Jul 22 at 8:51AM
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 BHHS Fox & Roach-Jenkintown
Investment Insights
Based on property information with market context.
This mixed-use commercial property includes two updated two-bedroom apartments on the second floor and a first-floor unfinished warehouse space currently being used by the seller. The apartments feature kitchens, baths, and living/dining areas. A separate side entrance provides access to the apartments, laundry rooms, and the mechanical area.
An additional room on the first floor is already plumbed for a future full bath. The property is being sold in its present condition, and the seller will make no repairs or improvements, including any Township Use & Occupancy requirements; buyers and buyers’ agents are responsible for verifying any intended use with the township. Minimum 24-hour notice is required for showings.
The property is located along Bethlehem Pike in Erdenheim, with convenient access to major routes.
An additional room on the first floor is already plumbed for a future full bath. The property is being sold in its present condition, and the seller will make no repairs or improvements, including any Township Use & Occupancy requirements; buyers and buyers’ agents are responsible for verifying any intended use with the township. Minimum 24-hour notice is required for showings.
The property is located along Bethlehem Pike in Erdenheim, with convenient access to major routes.
Key Highlights
- Mixed‑use property in Erdenheim on Bethlehem Pike with an unfinished first‑floor warehouse and two updated 2‑bedroom apartments above
- Two updated two‑bedroom apartments include kitchens, baths, and living/dining areas
- Separate side entrance provides access to the apartments, laundry rooms, and the mechanical area
Local Financial Insights For Warehouse
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 | $29.3k | $13.08 |
| − Vacancy | −$2.3k | −$1.05 |
| EGI | $27.0k | $12.03 |
| − OpEx | −$4.0k | −$1.81 |
| NOI | $22.9k | $10.23 |
2,240 SF · lease $13.08/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Multifamily LT 5
$465.0K
$406.8K – $542.5K
NOI $32,547 @ 7.0% cap · market cap 11.84%
Second Best
Apartment 5plus
$432.3K
$378.3K – $504.4K
NOI $30,263 @ 7.0% cap · market cap 11.00%
Theoretical Best
Specialty Retail
$1.29M
$1.13M – $1.50M
NOI $90,193 @ 7.0% cap · market cap 32.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lynch Contractors Inc
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- E-Pak Technology — 20 Haws Ln #20, Flourtown, PA 19031
FAQs
What type of property is this?
Warehouse - Two updated apartments are above an unfinished warehouse space, with a separate side entrance and first-floor plumbing for a future bath.
Where is this warehouse located?
The property is located at 519 Bethlehem Pike Glenside, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Mixed‑use property in Erdenheim on Bethlehem Pike with an unfinished first‑floor warehouse and two updated 2‑bedroom apartments above; Two updated two‑bedroom apartments include kitchens, baths, and living/dining areas; Separate side entrance provides access to the apartments, laundry rooms, and the mechanical area
