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Lansdowne Triplex with Dental Practice
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8 RUNNEMEDE AVENUE, Lansdowne, PA 19050

Income-producing triplex with established dental practice on Baltimore Pike.

Property Size1,530 SF
Price / SF$1.96
Days on Market136

Property Features for 8 RUNNEMEDE AVENUE

General Information

Standard status Active
Size 1,530 SF
Property subtype Commercial

Building Details

Year Built 1920
Listing Agency: EXP Realty, LLC
Listed By: Mark Vincent Fansler · License #2293712
Source: Cummingsrealtors
Added: Apr 22 Changed: Sep 3 Last Checked: Sep 4 at 6:13AM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

Located in the Gladstone Manor section of Lansdowne, this property at 8 Runnemede Avenue is a legally zoned triplex situated on Baltimore Pike, which sees over 14,000 vehicles per day. The building benefits from proximity to public transportation, including a nearby train station. The property features a dental practice on the first floor that has been in operation for over 40 years. The business is available for sale as a package deal. Above the dental practice are two large two-bedroom, one-bath units. These units generate an average of $1,400 per unit. Each residence includes updated HVAC, central air, and separate utilities (gas and electric), paid for by the tenants. The property has updated systems and recent improvements, including new windows, roof servicing, and updated kitchens and baths. This property offers an operational business and investment opportunity.

Key Highlights

  • Legally zoned triplex with established dental practice on the first floor for over 40 years.
  • Income‑producing property with two 2‑bedroom, 1‑bath units generating $1,400 per unit in monthly rental income.
  • Prime location on Baltimore Pike in the Gladstone Manor section of Lansdowne, with high traffic volume and access to public transportation.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Dental Office Locksmith Spa & Massage Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

861
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Income-producing triplex with established dental practice on Baltimore Pike.
Where is this medical office space located?
The property is located at 8 RUNNEMEDE AVENUE Lansdowne, PA.
What are key features of this property?
This property features: Legally zoned triplex with established dental practice on the first floor for over 40 years.; Income‑producing property with two 2‑bedroom, 1‑bath units generating $1,400 per unit in monthly rental income.; Prime location on Baltimore Pike in the Gladstone Manor section of Lansdowne, with high traffic volume and access to public transportation.
More about this property
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