Historic Mixed-Use
608 Huntingdon Pike, Jenkintown, PA 19046
For Sale
New
$1,250,000
Existing interior layouts include medical rooms, private offices, conference space, storage, and waiting areas.
Property Size5,400 SF
Price / SF$231.48
Days on Market2
Property Features for 608 Huntingdon Pike
General Information
Standard status
Size
Total Parking Spaces
Zoning
Site & Location
Traffic Count
Road Access
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
Laminate Plank
Natural Gas
Yes
Public
4100
100.00 x 0.00
0.34
No
Assessor
Parking Lot,On Street
34
0.00
Building Details
Year Built
Buildings
Stories
Building Size
Listing Agency:
RE/MAX Access
(215) 400-2600
Listed By:
Edward P Diehl · License #AB069544
(215) 817-7602
Source:
Newprecisionrealty
Added: Nov 6
Last Checked: Nov 7 at 5:05AM
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 RE/MAX Access
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Investment Insights
Based on property information with market context.
This 5,400-square-foot commercial building dates to 1890 and has interior areas previously arranged for medical and legal offices. The ground floor included a waiting area, offices, exam rooms, a coffee area, and powder rooms. Upper floors contained private offices, a conference room, another waiting area, storage, and powder rooms.
The property fronts Huntingdon Pike, also identified as Route 232, where the source reports approximately 24,000 vehicles per day. An entrance is located on Central Avenue, with an exit on the building’s side leading to Huntingdon Pike. Nearby amenities listed include the Fox Chase train station, retail and dining options, parks, and borough civic facilities.
The property fronts Huntingdon Pike, also identified as Route 232, where the source reports approximately 24,000 vehicles per day. An entrance is located on Central Avenue, with an exit on the building’s side leading to Huntingdon Pike. Nearby amenities listed include the Fox Chase train station, retail and dining options, parks, and borough civic facilities.
Key Highlights
- 5,400‑square‑foot building constructed in 1890
- Former medical‑office layout included exam rooms, offices, and a waiting area
- Upper‑level office areas included a conference room, private offices, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,897
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,697,940
$1.7M
Cap Rate 7%
$1,212,814
$1.2M
Cap Rate 9%
$943,300
$943.3K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$140.6K $26.04/SF
− Vacancy
−$27.4K −$5.08/SF
EGI
$113.2K $20.96/SF
− OpEx
−$28.3K −$5.24/SF
NOI
$84.9K $15.72/SF
Area
Montgomery County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,697,940
Cap Rate 7%
$1,212,814
Cap Rate 9%
$943,300
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,897 @ 7.0% cap · market cap 6.79%
Second Best
Mixed Use
$798.4K
$698.6K – $931.5K
NOI $55,890 @ 7.0% cap · market cap 4.47%
Theoretical Best
Specialty Retail
$3.11M
$2.72M – $3.62M
NOI $217,430 @ 7.0% cap · market cap 17.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
24,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
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Business Placement
Demographics for 19046, PA
19,669
Population
8,418
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
2,936
Density / Sq Mi
$112,959
Median Household Income
$66,042
Median Earnings
$1,433
Median Rent
$446,800
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Montgomery County, PA
Properties on Market for Mixed-use properties in Montgomery County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Existing interior layouts include medical rooms, private offices, conference space, storage, and waiting areas.
Where is this mixed-use property located?
The property is located at 608 Huntingdon Pike Jenkintown, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 5,400‑square‑foot building constructed in 1890; Former medical‑office layout included exam rooms, offices, and a waiting area; Upper‑level office areas included a conference room, private offices, and storage
